Bulls vs Bears
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Amazon.com Inc has a consensus price target of $238.03 based on the ratings of 37 analysts. The high is $285 issued by JMP Securities on November 1, 2024. The low is $197 issued by Wells Fargo on November 20, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Needham, and Loop Capital on November 20, 2024, November 14, 2024, and November 6, 2024, respectively. With an average price target of $240.67 between Wells Fargo, Needham, and Loop Capital, there's an implied 21.55% upside for Amazon.com Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Amazon.com (NASDAQ:AMZN) was reported by Wells Fargo on November 20, 2024. The analyst firm set a price target for $197.00 expecting AMZN to fall to within 12 months (a possible -0.51% downside). 100 analyst firms have reported ratings in the last year.
The latest analyst rating for Amazon.com (NASDAQ:AMZN) was provided by Wells Fargo, and Amazon.com maintained their equal-weight rating.
There is no last upgrade for Amazon.com
The last downgrade for Amazon.com Inc happened on October 7, 2024 when Wells Fargo changed their price target from $225 to $183 for Amazon.com Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Amazon.com, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Amazon.com was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest Amazon.com (AMZN) rating was a maintained with a price target of $0.00 to $197.00. The current price Amazon.com (AMZN) is trading at is $198.00, which is out of the analyst’s predicted range.
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