Amazon Stock Forecast: Analysts Predict Potential Upside

Bullish Outlook from Analysts

Analysts are bullish on Amazon's (AMZN) stock, with 46 analysts providing 12-month price forecasts. Their average target is $19,311, with a low estimate of $123 and a high estimate of undisclosed. These forecasts suggest significant potential upside for AMZN investors.

Economic Tailwinds and AI Opportunities

While a strong economy can contribute to Amazon's growth, analysts emphasize the importance of artificial intelligence (AI) as a key driver. Amazon's continued investments in AI and its growing use of AI-powered solutions are expected to provide a significant tailwind for the company's future performance.

Forecasts and Price Targets

In the short term, 43 analysts have offered price targets for Amazon, with an average target of $20,956. This target indicates further potential growth in the coming months. Investors should note that stock prices can be volatile and are subject to change based on various factors.