Amazon Share Price Target 2022 Amazon AMZN stock forecast/price prediction is expected to hit its highest point at $164.58 by end-2020. Based on current data analysis on Amazon AMZN stock, Amazon AMZN is expected to achieve its maximum price level of $431.36 over 5 years. According to latest Long-Term Outlook, Amazon will hit $250 price tag in the late 2022-2022, followed by $300 in mid-2023-2023. In the first half of 2023, Amazons price will rise to $3,742; in the second half, Amazons price will increase $183, ending the year at $3,925, an increase of 58%.
In the first half of 2023, the Amazon price will rise to $3,889 ; in the second half, the Amazon price would add $180 and close 2023 at $4,069, which is +24% to the current price. Amazon would begin 2029 at $6,281 and then skyrocket to $6,413 during the first half of 2029, ending 2029 at $6,551. Amazon will start 2024 at $4,098, then soar to $4,237 within the first six months of 2024, and finish 2024 at $4,314. Amazon will start 2024 at $4,069., then soar to $4,124 within the first six months of the year and finish 2024 at $4,165.
Amazon Share Price Target 2022
Amazons forecasted stock price over the next 12 months is an average of $3,578, with a $2,250 floor price and a $4,655 ceiling. According to Marketbeat, the Amazon stocks median target is $4,124, substantially higher than the market value.
Meanwhile, another Tipranks report shows all of the 32 analysts tracking the company are bullish on Amazon. Amazons share price has been beating out Nasdaq 100 and the Invesco QQQ ETF, as the company is in a cross between growth and value.
Its market cap is remarkable considering the Amazon stock price has skyrocketed 280% over the last five years, and over 200% since Amazon went public in 1997. As a result, it has been the third-best performing FAANG stock this year, behind Alphabet and Apple. On Wall Street, Amazon is a great buy, with experts projecting that it will trade at $3,603 in one year, up 48.06% from its current $2,433.68 trading price.
The median forecast for Amazons share price among 52 analysts covering the stock is $4,153.71, according to The Wall Street Journal. Because of that, analysts lowered their Amazon share price forecasts by 7% from Marchs forecast. While 52 analysts making this prediction are still bullish on Amazon, this price forecast represents a decrease from the $4,032 median price target made by analysts before earnings.
The median analyst target price is $4,200 a share, which implies healthy 29% growth over the current levels. One issue with analysts target price is that this stock is already looking pretty expensive according to traditional valuation metrics.
Along with the companys announcement that it would raise its price for its Amazon Prime subscriptions for the first time since 2018 following its earnings report, its purchase of MGM Studios could have increased investors faith in its stock, making it one to keep an eye on going into 2022.
Amazon AMZN Stock price prediction according to technical analysis is reaching low range of $556.10, High range could go up as high as $636.68, while medium range is $595.03. Amazon AMZN Stock forecast/price forecast to reach the Lower range at $463.42, Higher Range can reach at $530.57 and Medium Range is at $495.86.
Amazon Share Price Target/Predictions 2022, 2023, 2024, 2025 – 2030
When looking at the price predictions of Amazon stock, keep in mind that analysts predictions may turn out to be incorrect. After its most recent earnings report, analysts nearly unanimously lowered their price targets on Amazon shares. Because of that, analysts lowered their price forecasts for Amazon stock by 7% from the price prediction in March. After this unexpected loss and reduced projection, Wall Street analysts are being gloomy with their assessments, including several cuts to the price target.
While 52 analysts who made a prediction were still bullish on Amazon, that price forecast represents a decrease from the $4,032 median price target that analysts had before earnings. Since then, the majority of Amazon stock predictions have indicated at least $4000/share. After dipping briefly below the $3,000 level in March, the buying momentum picked up, and Amazon shares reached new all-time highs in July of $3,773.08. Amazon shares first broke $100 back in 1999, but the share price did not reach triple-digits again until 10 years later, following the burst of the technology bubble.
On the day of its IPO, the share price rose to $23.50, giving Amazon a valuation of $560 million. After the company announced the next day it would be conducting a stock buyback plan and 20-for-1 split, shares have gained 20% since then. In his client note, Erikson put Amazons stock price target at $4,150, calling Amazon a aone of the biggest real alpha dogsa online, according to TipRanks. The median price prediction for Amazon shares among 52 analysts covering the stock is $4,153.71, according to The Wall Street Journal.
On Wall Street, Amazon is a great buy, with experts projecting that shares will be worth $3,603 in one year, up 48.06% from their current $2,433.68 trade. Based on positive Wall Street analyst sentiment, as described above, Amazon shares may be under close scrutiny from investors looking for exposure to the dominant company in its market. Despite the fact that Wall Street analysts have shared a positive outlook for the performance of Amazon stock, investors need to keep in mind downside risks.
That is why investors need to maintain a long-term outlook and allow sufficient time for Amazons business metrics to become reflected in its share price. According to its longer-term estimates, Amazons share price is set to increase more than $5,000 over the long-term. Whether the Amazon share price reaches this price point within 12-18 months, two years, five years, or even more is anybodys guess.
Applying a 25 multiple to analysts consensus estimates would place Amazons stock price at $6,425, or $321 after a stock split. Susquehanna analyst Shyam Patil has a price target of $5,000, representing a potential 57% gain over Amazons current $3,175 trade price.
One issue with the analysts price target is that the stock already looks quite expensive according to traditional valuation metrics. Given the stocks low-risk proposition, the stock is currently priced at a level that represents compelling value to any portfolio.
Barton Crockett of Rosenblatt Securities has reduced its price target from $3,000 to $2,900. MarketBeats consensus price target is the mean average of the recently available price targets of every analyst who has issued a stock price target over the past twelve months. Prior to its latest earnings report, TipRanks had Amazons average price target at $4,160, with predictions ranged from $3,000 to $5,000. Amazons initial public offering on May 15, 1997, traded on NASDAQ under the symbol AMZN, with an exchange-traded value of $18 per share.
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