Amazon stock price is expected to reach $250 due to technical momentum and analyst support
From Nasdaq: 2025-06-19 07:10:00
Amazon.com Inc. (NASDAQ: AMZN) has seen a 30% surge in its stock price since early April, trading just under $215. Analysts predict a potential rise to $250 or higher due to bullish technical momentum, supportive analyst coverage, and a history of rallying into earnings.
With a strong uptrend, Amazon’s chart shows signs of a breakout setup, with a potential move to retest all-time highs at $242 and beyond to $250. Analysts from JPMorgan and BofA have raised their price targets, reflecting confidence in Amazon’s business growth.
Amazon tends to rally into earnings, with the next report due in late July. This historical pattern, combined with market sentiment and strong fundamentals, suggests a potential breakout ahead of the earnings report. Smart investors may consider building or adding to positions now.
Read more at Nasdaq:: Why Amazon Could Be About To Breakout To $250