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Amazon.com (AMZN) Stock Forecast & Price Target

Amazon.com logo
$224.92 +1.63 (+0.73%)
(As of 12/20/2024 05:45 PM ET)

Amazon.com - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
42

Based on 44 Wall Street analysts who have issued ratings for Amazon.com in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 44 analysts, 2 have given a hold rating, 41 have given a buy rating, and 1 has given a strong buy rating for AMZN.

Consensus Price Target

$243.00
8.04% Upside
According to the 44 analysts' twelve-month price targets for Amazon.com, the average price target is $243.00. The highest price target for AMZN is $290.00, while the lowest price target for AMZN is $186.00. The average price target represents a forecasted upside of 8.04% from the current price of $224.92.
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AMZN Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
41 Buy rating(s)
40 Buy rating(s)
40 Buy rating(s)
42 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$243.00$235.77$222.84$171.59
Forecasted Upside8.04% Upside19.61% Upside14.94% Upside11.84% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Buy

AMZN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AMZN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Amazon.com Stock vs. The Competition

TypeAmazon.comRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.98
2.50
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside8.04% Upside28.31% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent AMZN News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/20/2024Tigress Financial
3 of 5 stars
 Boost TargetBuy ➝ Buy$245.00 ➝ $290.00+31.21%
12/18/2024Sanford C. Bernstein
3 of 5 stars
 Boost TargetOutperform ➝ Outperform$235.00 ➝ $265.00+15.12%
12/18/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$250.00 ➝ $280.00+21.13%
12/16/2024UBS Group
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 Boost TargetBuy$230.00 ➝ $264.00+15.00%
12/16/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$285.00 ➝ $285.00+23.98%
12/16/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$235.00 ➝ $275.00+20.90%
12/13/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$220.00 ➝ $260.00+13.55%
12/12/2024TD Cowen
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 Boost TargetBuy ➝ Buy$240.00 ➝ $265.00+15.18%
12/10/2024Mizuho
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 Boost TargetOutperform ➝ Outperform$240.00 ➝ $260.00+15.00%
12/10/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$250.00 ➝ $250.00+10.58%
12/9/2024Roth Mkm
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 Boost TargetBuy ➝ Buy$220.00 ➝ $250.00+10.12%
12/3/2024BMO Capital Markets
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 Reiterated RatingOutperform ➝ Outperform$236.00 ➝ $236.00+12.00%
11/26/2024Moffett Nathanson
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 Boost TargetBuy ➝ Buy$235.00 ➝ $248.00+23.11%
11/26/2024Redburn Atlantic
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 Boost TargetBuy ➝ Buy$225.00 ➝ $235.00+16.65%
11/20/2024Wells Fargo & Company
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K. Gawrelski
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Reiterated RatingEqual Weight ➝ Equal Weight$197.00-2.06%
11/6/2024Loop Capital
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 Boost TargetBuy ➝ Buy$225.00 ➝ $275.00+33.71%
11/4/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$210.00 ➝ $230.00+16.20%
11/1/2024Wedbush
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 Boost TargetOutperform ➝ Outperform$225.00 ➝ $250.00+26.19%
11/1/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$225.00 ➝ $232.00+17.20%
11/1/2024Maxim Group
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 Boost TargetBuy ➝ Buy$251.00 ➝ $260.00+31.34%
11/1/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$215.00 ➝ $225.00+12.69%
11/1/2024Susquehanna
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 Boost TargetPositive ➝ Positive$220.00 ➝ $230.00+15.35%
11/1/2024Benchmark
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 Boost TargetBuy ➝ Buy$200.00 ➝ $215.00+7.60%
11/1/2024Truist Financial
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 Boost TargetBuy ➝ Buy$265.00 ➝ $270.00+35.13%
11/1/2024Scotiabank
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N. Schindler
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Boost TargetSector Outperform ➝ Sector Outperform$245.00 ➝ $246.00+23.12%
11/1/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$220.00 ➝ $230.00+15.41%
11/1/2024Monness Crespi & Hardt
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 Boost TargetBuy$225.00 ➝ $245.00+31.44%
11/1/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$224.00 ➝ $245.00+31.44%
11/1/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$230.00 ➝ $240.00+28.76%
11/1/2024Bank of America
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 Boost TargetBuy ➝ Buy$210.00 ➝ $230.00+23.39%
11/1/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$240.00 ➝ $260.00+39.48%
11/1/2024Rosenblatt Securities
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 Boost TargetBuy ➝ Buy$221.00 ➝ $236.00+26.61%
11/1/2024Telsey Advisory Group
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 Boost TargetOutperform ➝ Outperform$215.00 ➝ $235.00+26.07%
11/1/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$215.00 ➝ $225.00+20.71%
10/11/2024Pivotal Research
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J. Wlodarczak
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Initiated CoverageBuy$260.00+39.30%
10/10/2024DA Davidson
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 Reiterated RatingBuy ➝ Buy$235.00 ➝ $235.00+25.92%
10/7/2024Cantor Fitzgerald
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D. Mathivanan
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Reiterated RatingOverweight ➝ Overweight$230.00 ➝ $230.00+26.45%
8/2/2024Barclays
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 Boost TargetOverweight ➝ Overweight$220.00 ➝ $235.00+45.47%
8/2/2024Itau BBA Securities
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 DowngradeOutperform ➝ Market Perform$186.00+1.05%
7/16/2024Wolfe Research
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S. Khajuria
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Initiated CoverageOutperform$250.00+29.72%
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7/10/2024TD Securities
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 Boost Target$225.00 ➝ $245.00+22.91%
5/2/2024Argus
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 Boost TargetBuy ➝ Buy$185.00 ➝ $205.00+12.76%
5/1/2024Citigroup
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 Boost TargetBuy ➝ Buy$235.00 ➝ $245.00+40.00%
5/1/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$200.00 ➝ $205.00+17.14%
2/2/2024Canaccord Genuity Group
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 Boost TargetBuy$185.00 ➝ $200.00+25.57%
11/2/2023HSBC
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 Initiated CoverageBuy$160.00+16.79%
8/11/2023Redburn Partners
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 Boost TargetBuy ➝ Buy$220.00 ➝ $230.00+65.99%
8/4/2023Credit Suisse Group
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 Boost TargetOutperform$176.00 ➝ $189.00+32.89%
8/4/2023BNP Paribas
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 UpgradeUnderperform ➝ Neutral$140.00-0.60%
7/9/2023CICC Research
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 Initiated CoverageOutperform
6/7/2023Piper Sandler Companies
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 Boost TargetOverweight$130.00 ➝ $150.00+18.47%
2/3/2023Roth Capital
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R. Kulkarni
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Reiterated RatingBuy
2/3/2023Cowen
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 Boost TargetOutperform$140.00 ➝ $150.00+32.85%
1/18/2023MKM Partners
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Rohit Kulkarni
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Lower TargetBuy$145.00 ➝ $125.00+28.64%
1/4/2023New Street Research
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 Initiated CoverageBuy$130.00+51.48%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 09:42 AM ET.


Should I Buy Amazon.com Stock? AMZN Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, December 15, 2024. Please send any questions or comments about these Amazon.com pros and cons to contact@marketbeat.com.

Amazon.com
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Amazon:

  • Amazon has received multiple upgrades from analysts, with price targets increasing significantly. For instance, TD Cowen raised their target from $240.00 to $265.00, indicating strong confidence in the company's growth potential.
  • The stock currently has a consensus target price of $238.87, suggesting that there is room for appreciation from its current trading levels, which enhances the investment appeal.
  • Amazon's diverse business model, which includes retail, advertising, and cloud services (AWS), positions it well for sustained revenue growth across different sectors.
  • With a forecasted EPS of 5.29 for the current fiscal year, Amazon is expected to generate solid earnings, which can lead to increased investor confidence and stock performance.
  • Analysts have overwhelmingly rated Amazon as a "buy," with 41 out of 44 analysts recommending the stock, reflecting strong market sentiment and potential for future gains.

Amazon.com
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Amazon for these reasons:

  • Insider selling has been significant, with over 6 million shares sold in the last quarter, which may indicate a lack of confidence among those closest to the company.
  • Despite positive analyst ratings, the stock has experienced fluctuations, and the recent average sale price of $199.06 by a director suggests potential concerns about current valuations.
  • Amazon's stock is subject to market volatility, and any adverse economic conditions could impact its performance, especially in its retail segment.
  • The competitive landscape in e-commerce and cloud services is intensifying, with other companies vying for market share, which could pressure Amazon's growth rates.
  • While the company is expected to post solid earnings, any miss in earnings expectations could lead to a sharp decline in stock price, making it a risky investment.

AMZN Forecast - Frequently Asked Questions

According to the research reports of 44 Wall Street equities research analysts, the average twelve-month stock price forecast for Amazon.com is $243.00, with a high forecast of $290.00 and a low forecast of $186.00.

44 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last twelve months. There are currently 2 hold ratings, 41 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AMZN shares.

According to analysts, Amazon.com's stock has a predicted upside of 8.04% based on their 12-month stock forecasts.

Over the previous 90 days, Amazon.com's stock had 1 downgrade by analysts.

Analysts like Amazon.com more than other "retail/wholesale" companies. The consensus rating for Amazon.com is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how AMZN compares to other companies.


This page (NASDAQ:AMZN) was last updated on 12/22/2024 by MarketBeat.com Staff
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