AMZN Stock 12 Months Forecast Based on 39 Wall Street analysts offering 12 month price targets for Amazon in the last 3 months. The average price target is $144.65 with a high forecast of $204.00 and a low forecast of $111.00. The average price target represents a 11.98% change from the last price of $129.17.
Stock Price Forecast
The 48 analysts offering 12-month price forecasts for Amazon.com Inc have a median target of 145.00, with a high estimate of 220.00 and a low estimate of 99.00. The median estimate represents a +9.33% increase from the last price of 132.62.
By the end of 2023, projections are closer to $500 due to expectations following the current downturn. As you can see, most estimates believe Amazon will outperform the market for years to come. And I believe you will see Amazon stock back above $1,000 per share by 2025 or sooner.
Future Outlook for Amazon Stock
It took seven and a half years for Amazon to reach $1,000 from $100 and it's very possible that it could hit $10,000 between 2023 and 2025. Amazon's potential to grow could continue over time.
Amazon stock price stood at $128.25
According to the latest long-term forecast, Amazon price will hit $150 by the end of 2023 and then $200 by the middle of 2025. Amazon will rise to $300 within the year of 2026, $350 in 2027, $400 in 2028, $450 in 2030 and $500 in 2033.
Still, the long-term outlook is strong. Despite Amazon's rally in the first half of 2023, the stock is still fairly priced, compared to previous years.
The e-commerce giant has a lot going for it as an investment. Investors could hardly be more optimistic about Amazon (AMZN 3.09%) these days. The stock has gained nearly 50% so far in 2023, trouncing the rally in the wider Nasdaq Composite index.
AMZN Stock Price Forecast 2030
The most cautious estimate we have puts the value of an Amazon share at $6,865 by the middle of 2030. There is a chance that by the year 2030, AMZN shares will be worth $530. The price of Amazon (AMZN) shares is projected to rise to $520 by the year 2030.
As for the Tesla long term forecast, Wallet Investor has estimated a Tesla 5 year forecast of $564.24 a share. Additionally, Gov Capital, another algorithm-based forecasting service, has a baseline Tesla stock 5-year forecast of $2,326.138.
Baron said he believes Tesla can hit $500 to $600 per share by the year 2025 and the company could be worth $4.5 trillion in the next eight to 10 years. “But that's not including robots, that's not including autonomous vehicles, that's not including batteries,” Baron said in November 2022.
Amazon (AMZN): New Buy Recommendation for This Technology Giant - TipRanks.comCurrently, the analyst consensus on Amazon is a Strong Buy with an average price target of $141.23, representing a 7.97% upside.
Amazon stock hit $2,000 per share for the first time Thursday. Shares rose as much as 1.4 percent to $2,025.57 but ultimately shied away from the record high to close at $2,002.38. It's a major milestone in the stock's climb to match Apple's $1 trillion market valuation.
Berkshire Hathaway's Amazon.com Stake
Warren Buffett acquired 10.6 Million Amazon.com shares worth $1.37 Billion. That's 0.38% of their equity portfolio (22nd largest holding). Warren Buffett started to build up the position in Amazon.com in Q1 2019 and continued to invest until Q2 2019.
Amazon was the third of the four companies to go public, with its IPO in May 1997. At the time, the company was valued at $438 million and shares were priced at a pre-split price of $18 each. If you had invested $10,000 in Amazon back then, your investment would now be worth more than $2.2 million.
The future of Amazon is bright and also generates a dizzying amount of complex questions, but given its history to date, its ability to execute on multiple fronts, often in parallel, and still under the leadership of its dynamic, visionary founder, there's little doubt that, over the next decade, Amazon will continue ...
Ultimately, AAPL is considered by many to be a good stock to purchase and hold. Thus, it sports what is considered an immensely positive outlook for the foreseeable future. Subsequently, predictions maintain that Apple stock could reach $1000 between the years 2035 and 2040.
With a market capitalization of 2.75 trillion U.S. dollars as of May 2023, Apple was the world's largest company that year. Rounding out the top five were some of the world's most recognizable brands: Microsoft, Saudi Arabian Oil Company (Saudi Aramco), Google's parent company Alphabet, and Amazon.