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Amazon Stock Forecast: Analysts Predict Strong Growth in 2025
Short-Term Price Targets
According to 43 analysts, the average price target for Amazon stock (AMZN) in the next 30 days is $1900. This indicates a positive outlook for the short term.
Long-Term Price Forecast
Wall Street analysts are also optimistic about Amazon's long-term prospects. Based on 12-month price targets offered by 42 analysts, the average price target for Amazon is $21364 by April 25, 2025.
Strong Earnings Report
Amazon's recent quarterly earnings report exceeded expectations, with revenue and sales beating projections. This strong financial performance has bolstered analysts' confidence in the company's future growth.
Conclusion
Overall, analysts are bullish on Amazon stock, predicting strong price growth over the next year. The company's solid earnings results and positive outlooks from analysts suggest that investors may want to consider adding Amazon to their portfolios.
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