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Amazon is one bruised big-cap tech stock worth a look, says this longtime analyst. Amazon stock 'at a good price point' if investors can wait out rocky 2023: Analyst [Video] Skip to main content
The median 12-month Amazon stock price forecast is currently $170, or about 42% above current levels. The highest price forecast is $200 and the lowest is $85.
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Management is guiding for 7% to 11% sales growth in Q2 and operating income to increase from $7.7 billion to about $12 billion. It didn't provide full-year guidance, and it will report Q2 results ...
Over the next year or so, I predict that Amazon stock will remain largely where it is today. Keep in mind that it's still up about 15% over the past year even after its 20% drop from highs.
The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
Amazon's first-quarter net sales rose 13% year over year to $143.3 billion. But more importantly, its operating income surged more than threefold from $4.8 billion to $15.3 billion over the same ...
The outlook for the current quarter also surpassed forecasts, with the company estimating an upper range of $143.5 billion. ... The price of Amazon stock is shown on a screen at the Nasdaq ...