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Amazon (AMZN) Stock Forecast, Price Target & Predictions

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AMZN Stock Forecast

Amazon stock forecast is as follows: an average price target of $208.49 (represents a 2.77% upside from AMZN’s last price of $202.88) and a rating consensus of 'Buy', based on 51 wall street analysts offering a 1-year stock forecast.

AMZN Price Target

The average price target for Amazon (AMZN) is $208.49 based on 1-year price targets from 51 Wall Street analysts in the past 3 months, with a price target range of $270.00 to $103.00. This represents a potential 2.77% upside from AMZN's last price of $202.88.

AMZN Analyst Ratings

Buy

According to 51 Wall Street analysts, Amazon's rating consensus is 'Buy'. The analyst rating breakdown for AMZN stock is 1 'Strong Buy' (1.96%), 46 'Buy' (90.20%), 4 'Hold' (7.84%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Amazon Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 01, 2024Tom ForteMaxim Group$260.00$197.9331.36%28.15%
Nov 01, 2024Aaron KesslerSeaport Global$225.00$197.9313.68%10.90%
Nov 01, 2024Ross SandlerPiper Sandler$235.00$197.9318.73%15.83%
Nov 01, 2024Brad EricksonRBC Capital$225.00$197.9313.68%10.90%
Nov 01, 2024Eric SheridanGoldman Sachs$240.00$197.9321.25%18.30%
Oct 31, 2024Stephen JuUBS$223.00$192.7315.71%9.92%
Oct 31, 2024Nicholas JonesJMP Securities$265.00$192.7337.50%30.62%
Oct 28, 2024Shweta KhajuriaWolfe Research$250.00$189.3032.07%23.23%
Oct 11, 2024Jeffrey WlodarczakPivotal Research$260.00$189.0337.54%28.15%
Oct 10, 2024Nat SchindlerScotiabank$245.00$186.6531.26%20.76%
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The latest Amazon stock forecast, released on Nov 01, 2024 by Tom Forte from Maxim Group, set a price target of $260.00, which represents a 31.36% increase from the stock price at the time of the forecast ($197.93), and a 28.15% increase from AMZN last price ($202.88).

Amazon Price Target by Period

1M3M12M
# Anlaysts81765
Avg Price Target$240.38$236.35$220.49
Last Closing Price$202.88$202.88$202.88
Upside/Downside18.48%16.50%8.68%

In the current month, the average price target of Amazon stock is $240.38, according to 8 Wall Street analysts offering twelve months forecast. The average price target represents a 18.48% increase as opposed to Amazon's last price of $202.88. This month's average price target is up 1.71% compared to last quarter, and up 9.02% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 01, 2024Maxim GroupBuyBuyHold
Nov 01, 2024Seaport GlobalBuyBuyHold
Oct 31, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Oct 28, 2024UBSBuyBuyHold
Oct 28, 2024Wolfe ResearchOutperformOutperformHold
Oct 24, 2024Wells FargoMarket OutperformMarket OutperformHold
Oct 24, 2024NeedhamBuyBuyHold
Oct 22, 2024BMO CapitalOutperformOutperformHold
Oct 21, 2024Bank of America SecuritiesBuyBuyHold
Oct 18, 2024WedbushOutperformOutperformHold
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Amazon's last stock rating was published by Maxim Group on Nov 01, 2024. The company gave AMZN a "Buy" rating, the same as its previous rate.

Amazon Financial Forecast

Amazon Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$169.96B$143.08B$134.38B$127.36B$149.20B$127.10B$121.23B$116.44B$137.41B$110.81B$113.08B$108.52B$125.56B$96.14B$88.91B$75.45B$87.44B$69.98B
Avg Forecast$226.38B$193.55B$180.73B$176.75B$206.90B$175.41B$164.27B$158.70B$187.34B$157.28B$148.67B$142.65B$165.93B$141.50B$131.49B$124.60B$145.71B$127.31B$119.00B$116.45B$137.68B$111.55B$115.42B$104.51B$119.70B$92.78B$81.45B$73.74B$86.03B$68.83B
High Forecast$228.99B$195.78B$182.81B$178.79B$209.28B$177.43B$166.16B$160.93B$188.58B$157.31B$148.67B$142.65B$168.66B$143.26B$133.01B$126.04B$147.39B$127.31B$119.00B$116.45B$137.68B$111.55B$115.42B$104.51B$119.70B$92.78B$81.45B$73.74B$86.03B$68.83B
Low Forecast$223.15B$190.79B$178.15B$174.23B$203.95B$172.91B$161.92B$157.05B$185.32B$157.24B$148.67B$142.65B$163.63B$138.06B$129.62B$122.82B$143.63B$127.31B$119.00B$116.45B$137.68B$111.55B$115.42B$104.51B$119.70B$92.78B$81.45B$73.74B$86.03B$68.83B
# Analysts211115111016102230198916372824252117171818181818159988
Surprise %------------1.02%1.01%1.02%1.02%1.02%1.00%1.02%1.00%1.00%0.99%0.98%1.04%1.05%1.04%1.09%1.02%1.02%1.02%

Amazon's average Quarter revenue forecast for Mar 24 based on 9 analysts is $142.65B, with a low forecast of $142.65B, and a high forecast of $142.65B. AMZN's average Quarter revenue forecast represents a -16.07% decrease compared to the company's last Quarter revenue of $169.96B (Dec 23).

Amazon EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts211115111016102230198916372824252117171818181818159988
EBITDA------------$27.95B$11.19B$19.27B$16.07B$12.42B$13.77B$7.53B$4.18B$25.22B$13.76B$17.11B$18.18B$15.80B$13.76B$12.37B$9.15B$10.68B$8.59B
Avg Forecast$28.82B$24.64B$23.01B$22.50B$26.34B$22.33B$20.91B$20.21B$23.85B$20.02B$18.93B$9.56B$21.13B$18.02B$16.74B$10.23B$18.55B$16.30B$15.24B$10.94B$17.63B$14.28B$14.78B$15.05B$15.33B$11.88B$10.43B$10.84B$11.02B$8.81B
High Forecast$29.15B$24.93B$23.28B$22.76B$26.65B$22.59B$21.16B$20.49B$24.01B$20.03B$18.93B$11.47B$21.47B$18.24B$16.93B$12.27B$18.77B$16.30B$15.24B$13.12B$17.63B$14.28B$14.78B$18.06B$15.33B$11.88B$10.43B$13.00B$11.02B$8.81B
Low Forecast$28.41B$24.29B$22.68B$22.18B$25.97B$22.01B$20.62B$20.00B$23.59B$20.02B$18.93B$7.65B$20.83B$17.58B$16.50B$8.18B$18.29B$16.30B$15.24B$8.75B$17.63B$14.28B$14.78B$12.04B$15.33B$11.88B$10.43B$8.67B$11.02B$8.81B
Surprise %------------1.32%0.62%1.15%1.57%0.67%0.84%0.49%0.38%1.43%0.96%1.16%1.21%1.03%1.16%1.19%0.84%0.97%0.97%

9 analysts predict AMZN's average Quarter EBITDA for Mar 24 to be $9.56B, with a high of $11.47B and a low of $7.65B. This is -65.79% lower than Amazon's previous annual EBITDA (Dec 23) of $27.95B.

Amazon Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts211115111016102230198916372824252117171818181818159988
Net Income------------$10.62B$9.88B$6.75B$3.17B$278.00M$2.87B$-2.02B$-3.84B$14.32B$3.16B$7.78B$8.11B$7.22B$6.33B$5.24B$2.54B$3.27B$2.13B
Avg Forecast$23.20B$21.10B$18.93B$18.30B$19.07B$17.12B$15.34B$14.91B$15.82B$12.24B$11.10B$-8.78B$8.53B$6.28B$3.80B$-9.39B$94.14B$2.33B$1.28B$-10.05B$1.93B$4.76B$6.55B$6.72B$3.85B$3.97B$789.93M$3.04B$2.16B$2.47B
High Forecast$23.55B$21.41B$19.21B$18.58B$19.36B$17.38B$15.57B$15.98B$19.43B$12.27B$11.10B$-7.03B$10.85B$7.66B$3.86B$-7.52B$112.97B$2.33B$1.28B$-8.04B$1.93B$4.76B$6.55B$8.06B$3.85B$3.97B$789.93M$3.65B$2.16B$2.47B
Low Forecast$22.77B$20.71B$18.58B$17.97B$18.72B$16.81B$15.05B$13.41B$14.02B$12.21B$11.10B$-10.54B$7.06B$4.68B$3.73B$-11.27B$75.31B$2.33B$1.28B$-12.06B$1.93B$4.76B$6.55B$5.37B$3.85B$3.97B$789.93M$2.43B$2.16B$2.47B
Surprise %------------1.25%1.57%1.78%-0.34%0.00%1.23%-1.57%0.38%7.41%0.66%1.19%1.21%1.88%1.60%6.64%0.83%1.51%0.86%

Amazon's average Quarter net income forecast for Mar 24 is $-8.78B, with a range of $-10.54B to $-7.03B. AMZN's average Quarter net income forecast represents a -182.68% decrease compared to the company's last Quarter net income of $10.62B (Dec 23).

Amazon SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts211115111016102230198916372824252117171818181818159988
SG&A------------$15.91B$13.11B$35.25B$13.21B$16.15B$14.07B$12.99B$10.91B$13.34B$10.16B$9.68B$8.19B$9.37B$7.10B$5.92B$6.28B$7.58B$6.10B
Avg Forecast$55.59B$47.53B$44.38B$43.40B$50.81B$43.07B$40.34B$38.97B$46.00B$38.62B$36.51B$24.94B$40.74B$34.75B$32.29B$26.67B$87.65B$31.26B$29.22B$28.53B$33.81B$27.39B$28.34B$6.79B$29.39B$22.78B$20.00B$7.53B$21.12B$16.90B
High Forecast$56.23B$48.07B$44.89B$43.90B$51.39B$43.57B$40.80B$39.52B$46.31B$38.63B$36.51B$29.93B$41.42B$35.18B$32.66B$32.01B$105.18B$31.26B$29.22B$34.23B$33.81B$27.39B$28.34B$8.15B$29.39B$22.78B$20.00B$9.03B$21.12B$16.90B
Low Forecast$54.80B$46.85B$43.75B$42.78B$50.08B$42.46B$39.76B$38.57B$45.51B$38.61B$36.51B$19.95B$40.18B$33.90B$31.83B$21.34B$70.12B$31.26B$29.22B$22.82B$33.81B$27.39B$28.34B$5.43B$29.39B$22.78B$20.00B$6.02B$21.12B$16.90B
Surprise %------------0.39%0.38%1.09%0.50%0.18%0.45%0.44%0.38%0.39%0.37%0.34%1.21%0.32%0.31%0.30%0.83%0.36%0.36%

Amazon's average Quarter SG&A projection for Mar 24 is $24.94B, based on 9 Wall Street analysts, with a range of $19.95B to $29.93B. The forecast indicates a 56.74% rise compared to AMZN last annual SG&A of $15.91B (Dec 23).

Amazon EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts211115111016102230198916372824252117171818181818159988
EPS------------$1.03$0.96$0.66$-0.38$0.03$0.28$-0.20$-0.38$1.41$0.31$0.77$0.80$0.72$0.63$0.53$0.25$0.33$0.22
Avg Forecast$2.16$1.97$1.76$1.71$1.78$1.60$1.43$1.39$1.47$1.14$1.03$0.84$0.79$0.59$0.35$0.21$0.17$0.22$0.12$0.42$0.18$0.44$0.61$0.48$0.36$0.37$0.07$0.31$0.20$0.23
High Forecast$2.19$1.99$1.79$1.73$1.80$1.62$1.45$1.49$1.81$1.14$1.03$0.84$1.01$0.71$0.36$0.22$0.18$0.22$0.12$0.42$0.18$0.44$0.61$0.48$0.36$0.37$0.07$0.31$0.20$0.23
Low Forecast$2.12$1.93$1.73$1.67$1.74$1.57$1.40$1.25$1.31$1.14$1.03$0.84$0.66$0.44$0.35$0.21$0.17$0.22$0.12$0.42$0.18$0.44$0.61$0.48$0.36$0.37$0.07$0.31$0.20$0.23
Surprise %------------1.30%1.64%1.86%-1.78%0.17%1.29%-1.67%-0.91%7.81%0.70%1.26%1.68%2.00%1.70%7.18%0.81%1.64%0.95%

According to 9 Wall Street analysts, Amazon's projected average Quarter EPS for Mar 24 is $0.84, with a low estimate of $0.84 and a high estimate of $0.84. This represents a -18.29% decrease compared to AMZN previous annual EPS of $1.03 (Dec 23).

Amazon Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
JMIAJumia$3.83$9.00134.99%Buy
ETSYEtsy$50.86$101.2699.10%Hold
JDJD$35.18$69.1396.50%Buy
BABAAlibaba Group$86.77$153.0276.35%Buy
SESea$114.46$159.7339.55%Buy
PDDPDD$116.49$159.2036.66%Buy
VIPSVipshop$13.54$16.1719.42%Hold
GLBEGlobal-e Online$47.86$51.888.40%Buy
MELIMercadoLibre$1.93K$1.99K2.78%Buy
AMZNAmazon$202.88$208.492.77%Buy

AMZN Forecast FAQ

Is Amazon a good buy?

Yes, according to 51 Wall Street analysts, Amazon (AMZN) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 46 'Buy' recommendations, accounting for 92.16% of AMZN's total ratings.

What is AMZN's price target?

Amazon (AMZN) average price target is $208.49 with a range of $103 to $270, implying a 2.77% from its last price of $202.88. The data is based on 51 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Amazon stock go up soon?

According to Wall Street analysts' prediction for AMZN stock, the company can go up by 2.77% (from the last price of $202.88 to the average price target of $208.49), up by 33.08% based on the highest stock price target, and down by -49.23% based on the lowest stock price target.

Can Amazon stock reach $300?

AMZN's average twelve months analyst stock price target of $208.49 does not support the claim that Amazon can reach $300 in the near future.

What is Amazon's current price target trend?

8 Wall Street analysts forecast a $240.38 price target for Amazon (AMZN) this month, up 18.48% from its last price of $202.88. Compared to the last 3 and 12 months, the average price target increased by 16.50% and increased by 8.68%, respectively.

What are Amazon's analysts' financial forecasts?

Amazon's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $705.28B (high $713.8B, low $695.83B), average EBITDA is $89.8B (high $90.88B, low $88.59B), average net income is $66.44B (high $68.28B, low $63.98B), average SG&A $173.19B (high $175.28B, low $170.87B), and average EPS is $6.19 (high $6.36, low $5.96). AMZN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $777.42B (high $786.37B, low $766.33B), average EBITDA is $98.98B (high $100.12B, low $97.57B), average net income is $81.53B (high $82.75B, low $80.02B), average SG&A $190.9B (high $193.1B, low $188.18B), and average EPS is $7.59 (high $7.71, low $7.45).

Did the AMZN's actual financial results beat the analysts' financial forecasts?

Based on Amazon's last annual report (Dec 2023), the company's revenue was $574.78B, beating the average analysts forecast of $563.53B by 2.00%. Apple's EBITDA was $88.29B, beating the average prediction of $66.11B by 33.55%. The company's net income was $30.42B, beating the average estimation of $9.22B by 230.04%. Apple's SG&A was $56.19B, missing the average forecast of $134.45B by -58.21%. Lastly, the company's EPS was $2.95, beating the average prediction of $1.95 by 51.51%. In terms of the last quarterly report (Dec 2023), Amazon's revenue was $169.96B, beating the average analysts' forecast of $165.93B by 2.43%. The company's EBITDA was $27.95B, beating the average prediction of $21.13B by 32.30%. Amazon's net income was $10.62B, beating the average estimation of $8.53B by 24.55%. The company's SG&A was $15.91B, missing the average forecast of $40.74B by -60.95%. Lastly, the company's EPS was $1.03, beating the average prediction of $0.795 by 29.63%