Amazon.com (AMZN) Stock Forecast & Price Target

$184.70
+1.07 (+0.58%)
(As of 05/17/2024 ET)

Amazon.com Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Buy
Based on 45 Analyst Ratings

Analysts' Consensus Price Target

$211.62
14.58% Upside
High Forecast$245.00
Average Forecast$211.62
Low Forecast$140.00
TypeCurrent Forecast
5/19/23 to 5/18/24
1 Month Ago
4/19/23 to 4/18/24
3 Months Ago
2/18/23 to 2/18/24
1 Year Ago
5/19/22 to 5/19/23
Consensus Rating
Buy
Buy
Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
43 Buy rating(s)
43 Buy rating(s)
42 Buy rating(s)
41 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$211.62$202.80$197.95$143.12
Predicted Upside14.58% Upside28.18% Upside30.27% Upside34.68% Upside
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AMZN Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AMZN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Amazon.com Stock vs. The Competition

TypeAmazon.comRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
3.00
2.42
2.49
Consensus RatingBuyHoldHold
Predicted Upside14.58% Upside42.77% Upside7.82% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/15/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$205.00+9.58%
5/6/2024Loop Capital
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 Boost TargetBuy ➝ Buy$215.00 ➝ $225.00+20.69%
5/2/2024Argus
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 Boost TargetBuy ➝ Buy$185.00 ➝ $205.00+12.76%
5/1/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$217.00 ➝ $234.00+27.92%
5/1/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$215.00 ➝ $220.00+23.52%
5/1/2024Roth Mkm
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 Reiterated RatingBuy ➝ Buy$205.00 ➝ $210.00+18.40%
5/1/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$225.00+26.46%
5/1/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$200.00+11.06%
5/1/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$225.00 ➝ $240.00+33.54%
5/1/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$224.00 ➝ $228.00+30.29%
5/1/2024Barclays
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 Boost TargetOverweight ➝ Overweight$220.00 ➝ $230.00+31.43%
5/1/2024Citigroup
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 Boost TargetBuy ➝ Buy$235.00 ➝ $245.00+40.00%
5/1/2024UBS Group
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 Boost TargetBuy ➝ Buy$215.00 ➝ $217.00+24.00%
5/1/2024Wedbush
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 Reiterated RatingOutperform ➝ Outperform$225.00+28.57%
5/1/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$215.00 ➝ $220.00+25.71%
5/1/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$210.00 ➝ $220.00+25.71%
5/1/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$220.00 ➝ $220.00+25.71%
5/1/2024Truist Financial
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 Boost TargetBuy ➝ Buy$216.00 ➝ $220.00+25.71%
5/1/2024Maxim Group
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 Lower TargetBuy$318.00 ➝ $238.00+36.00%
5/1/2024Monness Crespi & Hardt
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 Boost TargetBuy$215.00 ➝ $225.00+28.57%
5/1/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$220.00 ➝ $225.00+28.57%
5/1/2024Mizuho
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 Boost TargetBuy ➝ Buy$230.00 ➝ $240.00+37.14%
5/1/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$200.00 ➝ $205.00+17.14%
5/1/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$220.00 ➝ $225.00+28.57%
5/1/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$205.00 ➝ $220.00+25.71%
5/1/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$205.00 ➝ $210.00+20.00%
5/1/2024Telsey Advisory Group
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 Boost TargetOutperform ➝ Outperform$200.00 ➝ $215.00+22.86%
4/18/2024DA Davidson
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 Reiterated RatingBuy ➝ Buy$235.00+30.35%
4/11/2024Moffett Nathanson
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 Reiterated RatingBuy ➝ Buy$228.00+21.82%
2/2/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$180.00 ➝ $215.00+26.86%
2/2/2024Wolfe Research
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 Boost TargetOutperform$195.00 ➝ $205.00+28.70%
2/2/2024Sanford C. Bernstein
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 Boost TargetOutperform$175.00 ➝ $200.00+25.57%
2/2/2024Bank of America
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 Boost TargetBuy$185.00 ➝ $204.00+28.08%
2/2/2024TD Cowen
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 Boost TargetOutperform$200.00 ➝ $225.00+41.26%
2/2/2024Canaccord Genuity Group
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 Boost TargetBuy$185.00 ➝ $200.00+25.57%
2/2/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy$175.00 ➝ $200.00+25.57%
2/2/2024Susquehanna
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 Boost TargetPositive ➝ Positive$185.00 ➝ $220.00+38.12%
11/10/2023Tigress Financial
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 Boost TargetBuy ➝ Buy$204.00 ➝ $210.00+46.28%
11/2/2023HSBC
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 Initiated CoverageBuy$160.00+16.79%
8/11/2023Redburn Partners
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 Boost TargetBuy ➝ Buy$220.00 ➝ $230.00+65.99%
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8/4/2023Credit Suisse Group
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 Boost TargetOutperform$176.00 ➝ $189.00+32.89%
8/4/2023BNP Paribas
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 UpgradeUnderperform ➝ Neutral$140.00-0.60%
7/9/2023CICC Research
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 Initiated CoverageOutperform
6/21/2023Jefferies Financial Group
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 Boost Target$135.00 ➝ $150.00+19.26%
6/7/2023Piper Sandler Companies
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 Boost TargetOverweight$130.00 ➝ $150.00+18.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:16 AM ET.

AMZN Price Target - Frequently Asked Questions

What is Amazon.com's consensus rating and price target?

According to the issued ratings of 45 analysts in the last year, the consensus rating for Amazon.com stock is Buy based on the current 1 hold rating, 43 buy ratings and 1 strong buy rating for AMZN. The average twelve-month price prediction for Amazon.com is $211.62 with a high price target of $245.00 and a low price target of $140.00. Learn more on AMZN's analyst rating history.

Do Wall Street analysts like Amazon.com more than its competitors?

Analysts like Amazon.com more than other Retail/Wholesale companies. The consensus rating for Amazon.com is Buy while the average consensus rating for retail/wholesale companies is Hold. Learn more on how AMZN compares to other companies.

Does Amazon.com's stock price have much upside?

According to analysts, Amazon.com's stock has a predicted upside of 26.11% based on their 12-month stock forecasts.


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This page (NASDAQ:AMZN) was last updated on 5/18/2024 by MarketBeat.com Staff

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