Analysts have a mean target price of $256.53 for Amazon stock, with a "Strong Buy" consensus.

From Nasdaq: 2025-02-03 07:23:31

Amazon.com, Inc. is a global e-commerce and cloud computing giant with a market cap of $2.5 trillion, connecting millions of customers worldwide through innovative technology. The stock has outperformed the S&P 500, up 8.3% YTD. Despite a recent tech selloff, Amazon’s shares have gained 45.6% in 2024, driven by AWS expansion and AI advancements.

Following a strong Q3 earnings report, Amazon stock fell over 3% despite revenue growth of 11% YoY to $158.9 billion and GAAP EPS beating estimates by 25.2%. Analysts expect EPS to grow 86.6% to $5.30 for the fiscal year. Consensus among 49 analysts is a “Strong Buy,” with a mean price target of $256.53 and a high target of $306.

Telsey Advisory recently upgraded Amazon to a “Buy,” with a price target of $275, implying a 15.7% upside. The mean price target of $256.53 represents a 7.9% premium to current levels, while the highest target of $306 suggests a 28.7% potential upside.



Read more at Nasdaq: What Are Wall Street Analysts’ Target Price for Amazon Stock?