- Amazon's stock sees a significant decline, impacting Jeff Bezos's net worth.
- Analysts maintain a positive outlook with a projected 51% upside.
- GuruFocus estimates a 5.52% potential gain in one year.
Amazon (NASDAQ: AMZN) recently faced a notable decline in its stock price, dropping by 9%. This downturn resulted in a significant $15.9 billion reduction in Jeff Bezos's net worth and contributed to a $45 billion collective loss among several high-profile billionaires. This market volatility was triggered by new tariff announcements that have heightened investor concerns about inflation and the broader economic outlook.
Wall Street Analysts' Forecast
According to a consensus of 67 analysts, the average one-year price target for Amazon.com Inc (AMZN, Financial) stands at $264.96. The projections range from a high of $306.00 to a low of $203.00, with the average target suggesting a substantial upside of 51.28% from its current trading price of $175.14. For more detailed projections, explore the Amazon.com Inc (AMZN) Forecast page.
On the brokerage recommendation scale, which ranges from 1 (Strong Buy) to 5 (Sell), Amazon.com Inc (AMZN, Financial) holds an average rating of 1.8 from 73 brokerage firms, indicating an "Outperform" status. This consensus reflects continued confidence in Amazon's potential growth and market performance.
GuruFocus Valuation Insights
The GF Value for Amazon.com Inc (AMZN, Financial) in one year is estimated at $184.80, indicating a potential upside of 5.52% from its current price of $175.1401. The GF Value is GuruFocus's estimate of the stock's fair market value, calculated based on its historical trading multiples, past business growth, and projected future performance. For a comprehensive analysis, visit the Amazon.com Inc (AMZN) Summary page.
