Summary:
- Evercore sees Amazon (AMZN, Financial) as a strong investment opportunity amidst a generally bearish internet sector.
- Analysts predict substantial upside potential for Amazon with an average price target of $258.73.
- Current brokerages rate Amazon as an "Outperform," suggesting confidence in its future growth.
Amidst bearish trends within the internet sector, Evercore has identified Amazon (AMZN) as a standout large-cap stock for investors. Despite the broader valuation declines affecting internet stocks, Amazon remains relatively shielded from direct tariff threats, though it does face risks tied to economic downturns. Analysts predict robust Q1 performance while adopting a cautious outlook for Q2.
Wall Street Analysts Forecast
Wall Street analysts have provided a bullish one-year price forecast for Amazon.com Inc (AMZN, Financial), with 67 analysts suggesting an average target price of $258.73. The projections range from a high of $306.00 to a low of $200.00, indicating a significant potential upside of 43.24% from the current trading price of $180.63. For more detailed projections, visit the Amazon.com Inc (AMZN) Forecast page.
According to consensus from 73 brokerage firms, Amazon.com Inc (AMZN, Financial) secures an average recommendation of 1.8, aligning with an "Outperform" rating. This rating utilizes a scale from 1 (Strong Buy) to 5 (Sell), reflecting considerable optimism from financial analysts.
In terms of valuation, GuruFocus estimates place Amazon.com's (AMZN, Financial) one-year GF Value at $184.40, suggesting a modest upside of 2.09% from the current price of $180.63. The GF Value is a proprietary measure capturing the stock's fair value, calculated by examining historical trading multiples, past business growth, and future performance predictions. Additional data is available on the Amazon.com Inc (AMZN) Summary page.
