Amazon Inc. (AMZN:NSD) Analysts Raise targets after Earnings

The Amazon.com Inc (AMZN) stock forecast, which aggregates insights from 45 analysts, paints a positive picture for the company. The analysts’ consensus suggests that the average target price for Amazon.com Inc over the next 12 months is expected to be USD 169.63. This target price indicates the price level that analysts anticipate the stock will reach within the specified time frame. It serves as a guideline for investors and provides insight into the stock’s potential future value.

Amazon.com Inc receives an average analyst rating of “Strong Buy.” This rating reflects a high degree of confidence and positive sentiment among analysts regarding the company’s performance and future prospects. It implies that, on average, analysts recommend buying Amazon.com Inc’s stock due to their favorable outlook.

Stock Target Advisor, an independent stock analysis source, provides a “Neutral” rating for Amazon.com Inc. This rating is determined based on a balance of 7 positive signals and 6 negative signals. While there is a mix of positive and negative indicators, it ultimately results in a neutral stance. Investors should take note of these signals and conduct their own research when making investment decisions.

As of the last closing, Amazon.com Inc’s stock price stood at USD 119.57. This serves as the most recent market valuation for the company. It’s worth noting that Amazon.com Inc’s stock price has seen fluctuations over different time frames. Over the past week, the stock price has decreased by -6.88%, while over the past month, it has decreased by -5.09%. However, over the course of the last year, the stock has shown a positive trend, with an increase of +3.38%. These historical price changes reflect the stock’s recent volatility and longer-term performance, providing additional context for potential investors.