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The median 12-month Amazon stock price forecast is currently $172, or about 39% above current levels. The highest price forecast is $215 and the lowest is $110.
Amazon stock last hit a high in July of 2021, almost three years ago. Even though Amazon stock gained 81% last year, it still came into 2024 nearly 20% below its peak.
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 ...
The AI market, growing at a double-digit compound annual growth rate, is forecast to reach more than $1 trillion by the end of the decade. AWS is the world's leading cloud provider, so it's well ...
2. Amazon's cash generation is picking up speed. While AWS has been profitable for some time, Amazon's commerce divisions haven't always had that success. Amazon dug itself out of the hole it ...
E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets. Amazon’s stock surges ...
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