On Monday, the options market witnessed a robust volume with 47.9 million contracts traded, fueling notable growth in net open interest. This surge was marked by an increase of 6.81 million call options and 5.22 million put options. Key players driving this trend included NVIDIA (NVDA), Tesla (TSLA), Amazon (AMZN, Financial), and Magna (MGA).
NVIDIA (NVDA), in particular, was among the stocks with the most significant growth in options activity. Additionally, notable new positions emerged in the market, such as 76,000 Magna (MGA) June 2025 30 puts and 59,000 Magna (MGA) June 2025 32.5 calls, reflecting robust investor interest in these options.
Other noteworthy movements included 62,000 Carlyle Group (CG) June 2025 32.5 puts, 51,000 Carlyle Group (CG) June 2025 35 calls, and 47,000 PG&E (PCG) June 2025 18 calls. These developments highlight a dynamic trading environment, with market participants actively positioning themselves based on anticipated market trends.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 66 analysts, the average target price for Amazon.com Inc (AMZN, Financial) is $250.83 with a high estimate of $295.46 and a low estimate of $195.00. The average target implies an upside of 49.91% from the current price of $167.32. More detailed estimate data can be found on the Amazon.com Inc (AMZN) Forecast page.
Based on the consensus recommendation from 72 brokerage firms, Amazon.com Inc's (AMZN, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Amazon.com Inc (AMZN, Financial) in one year is $183.77, suggesting a upside of 9.83% from the current price of $167.32. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Amazon.com Inc (AMZN) Summary page.
