Amazon Stock Forecast: Analysts Confident in Long-Term Growth
Average Target Price of $21,274 Set by 46 Analysts
Strong Buy Rating with 12-Month Forecast of $21,289
Analysts are bullish on Amazon's future prospects, with 46 analysts providing 12-month price forecasts indicating an average target of $21,274. The lowest estimate among these analysts stands at $140, while the highest reaches $32,000. This optimism is further reflected in the consensus rating of "Strong Buy" given by the analysts.
In the short term, the average price target predicted by 43 analysts is $22,781. The 12-month price forecast of $21,289 suggests that even in the long term, analysts anticipate Amazon stock to maintain its upward trajectory.
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