Telsey Advisory Group has adjusted its price target for Amazon.com (AMZN, Financial), decreasing it from $275 to $235. Despite this reduction, the firm maintains an Outperform rating on the stock. Analyst Joseph Feldman cites the need to account for current macroeconomic uncertainties and the potential impact of tariffs as reasons for this adjustment.
Feldman emphasizes that Amazon is still well-positioned to secure profitable market share. The company is expected to leverage its robust Prime membership base, strong connections with small businesses, and advanced technological capabilities to support its growth. Telsey Advisory remains optimistic about Amazon's long-term prospects, even as it exercises caution in the face of existing economic challenges.
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 $250.68 with a high estimate of $295.46 and a low estimate of $195.00. The average target implies an upside of 44.75% from the current price of $173.18. 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 6.12% from the current price of $173.18. 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.
