The Amazon stock price forecast is a topic of keen interest given the company’s market dominance and consistent growth over the years. In this discourse, we shall delve into various projections, including the Amazon stock forecast, shedding light on the prediction spectrum surrounding the company’s market. Through a combination of analytical outlooks and technical analysis, we strive to provide you with clear medium- and long-term forecasts for AMZN stocks. Read on to learn everything about factors that could potentially impact Amazon’s financial position and stock price in the coming years.
The article covers the following subjects:
Highlights and Key Points: Amazon Forecast for 2024-2030
- Current Price. As of the latest update on 25.05.2024, Amazon’s stock (AMZN) is valued at 180.75. This reflects the company’s recent performance and current market position.
- In the middle of 2024, AMZN is expected to demonstrate volatility. Most experts anticipate that the current bullish trend will continue once the restructuring and optimization of the company’s internal processes are completed.
- Analysts have mixed opinions on Amazon’s stock price in 2024, but most expect the uptrend to continue.
- Long-term predictions also vary. In general, most analysts stick to a positive scenario while only a few consider pessimistic forecasts.
Amazon Stock Price Predictions for 2024
The forecast for the Amazon (AMZN) stock in 2024 has varied projections across different analytical platforms.
TipRanks
TipRanks offers a 12-month projection with an average price target of $209.74 for Amazon stock, as assessed by 41 Wall Street analysts. The price target range extends from a low of $175.00 to a high of $230.00, indicating a potential upside of 12.96%. This projection reflects a consensus among diverse market analysts, highlighting a general optimism surrounding AMZN’s performance.
CoinPriceForecast
According to CoinPriceForecast, the AMZN stock is on an upward trend, anticipated to hit a $253 mark by the end of 2024 after surpassing $216 in the middle of the year. This projection implies a steady appreciation of Amazon’s market cap and revenues, bolstering investor confidence in its market performance. The progressive upward trajectory, while moderate, depicts a favorable market environment.
LongForecast
The LongForecast platform provides a detailed month-by-month breakdown of AMZN price projections for 2024. The price is predicted to range between $181 and $294 over the year, indicating a progressive monthly increase. The upward trend underscores a positive market sentiment towards AMZN and its consistent revenue growth. However, the monthly fluctuation also signifies the volatile nature of market investments, warranting a cautious approach for potential investors.
Wallet Investor
WalletInvestor’s analysts anticipate the AMZN stock price to descend to $178.607. The near and medium-term projections reveal that the stock may experience excessive volatility, allowing investors to reap profits, minding possible risks. The cautious bearish sentiment from WalletInvestor contrasts with more optimistic outlooks presented by other platforms.
Month | Minimum price, $ | Maximum price, $ |
---|---|---|
June 2024 | 181.413 | 183.366 |
July 2024 | 183.912 | 186.748 |
August 2024 | 185.497 | 186.355 |
September 2024 | 180.380 | 185.918 |
October 2024 | 178.746 | 180.247 |
November 2024 | 178.039 | 179.257 |
December 2024 | 176.016 | 178.607 |
Amazon Stock Technical Analysis
The tech sector continues to restructure in the post-Covid-19 environment. Recent layoffs are adding to market noise, making technical analysis challenging.
Let’s use the SMA, RSI, Ichimoku indicators and Bollinger Bands to make the most accurate analysis. Given that Amazon is one of the industry’s leaders, the company’s stock is poised to increase over time.
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#AMZN Stock Forecast for 3 Months
Let’s use the daily time frame for our analysis, adding the SMA and RSI indicators to the chart.
These indicators point to AMZN’s decent upside potential. Let’s see if the Ichimoku cloud indicator could confirm this conclusion.
The Tenkan-sen line is above the Kijun-sen line. The Tenkan-sen is moving upwards, while the Kijun-sen is showing sideways movement. The Ichimoku cloud is rising and the price is trading above it. The Chikou Span line is above the price. The indicator generates a bullish signal.
Long-Term Amazon Stock Technical Analysis for 2024
The long-term forecast is made using oscillators with Bollinger Bands and Pivot Point indicators. The optimistic forecast, which the majority of analysts are inclined to, will look like this:
For the time being, there are no signs that AMZN stock’s growth will slow down. However, if budget and job cuts negatively impact the first-quarter report and expenses for TWITCH and other side projects increase, the outlook will become more pessimistic:
It is difficult to say which of the forecasts is closer to reality. However, it is always better to keep the pessimistic scenario in mind and remember that the $166 mark may offer resistance. The table below shows the assumed prices of the optimistic forecast by month:
Month | Amazon Inc. (#AMZN) Projected Values | |
---|---|---|
Minimum, $ | Maximum, $ | |
June 2024 | 187 | 219 |
July 2024 | 203 | 245 |
August 2024 | 219 | 257 |
September 2024 | 226 | 266 |
October 2024 | 243 | 285 |
November 2024 | 262 | 308 |
December 2024 | 268 | 314 |
Long-term trading plan for Amazon Inc. (#AMZN)
At the moment, AMZN stock looks appealing as an investment, with serious growth expected in the near future. However, some analysts are betting on a decline in the long run.
- Long trades can be considered in the coming months as the instrument continues to grow and technical indicators point to near-term uptrend.
- At the moment, there are no conditions for the instrument to fall, so it is worth buying it following the news.
- Stop Loss can be placed at support $166.88. The order can be shifted to $186.10 if the price continues to increase during the next three months.
- Pay attention to the news in July 2024. Some analysts see this month as a turning point for AMZN. The semiannual report will help predict further price movement.
Remember that making long-term predictions is a challenging task, especially in the current market conditions. Always do technical and fundamental analyses before making a trading decision.
Amazon Stock Price Prediction for 2025
Below are analyst forecasts for 2025. Most experts anticipate AMZN to rise.
CoinPriceForecast
According to CoinPriceForecast, the AMZN price will soar to $282 by the end of 2025, posting a staggering 52% gain. The upward trend will continue in the following years. Amazon is expected to develop steadily under favorable market conditions.
Long Forecast
LongForecast‘s monthly 2025 prediction suggests that AMZN stock is expected to increase moderately. The projected figures range from $294 in January to $506 in August. The detailed forecast in the table reflects the company’s sustainable growth.
Date | Minimum, $ | Average, $ | Maximum, $ |
---|---|---|---|
January | 294 | 283-333 | 308 |
February | 308 | 286-336 | 311 |
March | 311 | 304-356 | 330 |
April | 330 | 330-410 | 380 |
May | 380 | 351-411 | 381 |
June | 381 | 381-461 | 427 |
July | 427 | 405-475 | 440 |
August | 440 | 440-546 | 506 |
September | 506 | 409-506 | 445 |
October | 445 | 404-474 | 439 |
November | 439 | 346-439 | 376 |
December | 376 | 305-376 | 332 |
Amazon stock: Price History
The historical trajectory of the corporation’s stock is a testament to its growth and the market’s response to its business strategies over time.
- Early growth (1997-2015). Since its initial public offering (IPO) in 1997, the company has steadily established itself as a dominant force in e-commerce. The company’s stock mirrored escalating influence, marking a gradual but consistent upward trajectory. The incremental appreciation from 1997 to 2015 embodies strategic expansion into various e-commerce segments and its market presence.
- Meteoric rise (2015-2019). Between 2015 and 2019, there was a significant increase in the AMZN price, significantly outpacing its growth in previous years. This meteoric rise is mainly due to the triumph of Amazon Web Services (AWS), which emerged as a substantial revenue contributor to the company’s financial portfolio.
- All-time high (2021). On July 8, 2021, the AMZN price peaked to $186.12. This all-time high reflects a peak of investor confidence and market valuation of Amazon’s potential for sustained growth.
- Recent performance (2022-2023). Amazon stock, as of October 10, 2023, was $129.48 per share. Despite this, the corporation has a noteworthy market valuation, signifying sustained investor interest. The AMZN stock during this period portrays the company’s enduring market relevance, even amidst fluctuating market conditions.
Amazon Stock Long Term Predictions 2026-2030
The following are long-term price forecasts for AMZN stock. These estimates are intended to be indicative only; the actual value of the stock may vary widely.
CoinPriceForecast
Amazon’s stock will grow steadily, reaching $284 by 2025, $346 by 2027 and $610 by 2030. CoinPriceForecast analysts expect the company to continue to expand, enter new markets, and attract additional investment.
WalletInvestor
Analysts at WalletInvestor predict that AMZN stock will decline in the long term. The stock will decrease to $170 by 2025. By 2030, AMZN will plunge deeper to $141. The forecast is based on the fact that the stock is cyclical and that the current period of growth is due to increased investor attention. Additionally, analysts are cautious on the entire tech sector.
CoinCodex
According to CoinCodex experts, AMZN stock will gradually increase and hit $238.15 by the end of 2025 and $305.96 by 2026. The price is expected to touch $648.31 in 2029 and $832.76 in 2030.
Factors that Can Affect the Amazon stock Price
Many factors simultaneously affect the value of any financial instrument. Some of them have a small impact, while others may significantly affect a company’s stock. Let’s find out what AMZN’s price depends on.
Employee Relations
The rapport between the company and its employees is crucial in determining the AMZN rate. Escalating disputes regarding remuneration or working conditions can translate to adverse publicity or operational disruptions that would negatively impact the company. Maintaining harmonious employee relationships is crucial for a behemoth employer to ensure smooth operations and a positive public image. A friendly work environment fosters innovation and productivity, further bolstering the company’s market valuation. In addition, news of massive layoffs and possible downsizings this summer may harm AMZN stock.
Economic Factors
Performance is intricately linked to the economic environment in its operational domains. Financial stability in mature markets like North America creates favorable conditions for flourishing, positively influencing it. Conversely, economic downturns can impose challenges, potentially stifling consumer spending and affecting revenue streams. Hence, a keen understanding of economic indicators and their implications on the company’s performance is indispensable for investors gauging the stock’s future trajectory.
Revenue Growth and Financial Performance
Market expansion, innovative product unveilings, and sound financial health can propel Amazon’s stock price upward. Investors often seek signs of burgeoning growth and profitability as a harbinger of a potential appreciation.
Market Unpredictability
The market is influenced by many factors, many of which are unpredictable, such as geopolitical conflicts. This can trigger exchange rate volatility, making future exchange rate forecasting challenging. While Amazon stock is resilient, it is not immune to broader market fluctuations caused by unforeseen events.
Competitive Positioning
The company’s standing in fiercely competitive spheres of e-commerce and cloud computing significantly weighs heavily on it. Its prowess in maintaining or expanding market share, innovating, and outperforming competitors attract investors, boosting AMZN stock.
Regulatory Environment
Regulatory shifts, encompassing tax legislation, privacy mandates, or antitrust scrutinies, are potent factors impacting exchange rates. Regulatory hurdles can usher in financial penalties or operational constraints, affecting profitability. Being a global entity, Amazon navigates a complex regulatory landscape, and any adversarial regulatory amendments can pose significant challenges. Thus, thoroughly comprehending the regulatory milieu and its implications on operations is crucial for investors evaluating AMZN stock.
Conclusion: Is Amazon Stock a Good Investment?
Amazon’s investment allure is underpinned by its towering presence in the e-commerce and cloud computing domains, coupled with a robust business model and a track record of innovation. The company’s stock history reflects a narrative of growth, resilience, and the ability to navigate market vicissitudes with agility. The long-term forecasts, albeit diverse, generally echo a positive sentiment toward the potential for appreciation.
However, like any investment, buying AMZN is not devoid of risks. Economic fluctuations, regulatory changes, and market unpredictability pose challenges that could influence its exchange rate trajectory. Additionally, the competitive landscape and employee relations are pivotal elements that could sway investor sentiment and, subsequently, the share rates.
The intricacies of operations and market positioning require a nuanced understanding for prospective investors. Revenue growth, new acquisitions, and a positive image are key to AMZN’s continued growth.
Amazon could present a viable investment opportunity for those with a long-term investment horizon. Nonetheless, a prudent approach involving a thorough analysis of the factors above and a clear understanding of one’s investment risk tolerance is imperative for making an informed investment decision.
FAQs on Amazon Stock Price Forecast
Price chart of AMZN in real time mode
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