Amazon Stock Forecast: Analyst Predictions and Market Data
52-Week Range and Market Cap
The 52-week range for Amazon stock is 10,115 to 18,977. The company's market cap is not provided in the given paragraph.
Analyst Forecasts
According to a survey of 100 analysts, the median target price for Amazon stock is $18,045. The highest target price is $23,500, and the lowest target price is not specified.
Key Findings:
- Analysts are generally optimistic about Amazon's future performance.
- The median target price suggests a potential return of approximately 10% based on the current stock price.
- There is a significant range of target prices, indicating some uncertainty among analysts.
Factors to Consider:
- Amazon's dominance in e-commerce and cloud computing.
- The company's ongoing investment in new technologies and acquisitions.
- Economic conditions, particularly consumer spending and inflation.
Disclaimer:
This article provides information and analysis based on publicly available sources. It is not intended as investment advice and should not be relied upon for investment decisions. Investors should consult with a qualified financial advisor before making any investment decisions.
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