Amazon Stock Forecast 2025, 2030, 2040, 2050 Price Target

Quarterly Financials for Amazon in December 2023

During the last three months of 2023, Amazon experienced significant growth in its financial performance compared to the same period in the previous year. Their revenue was $169.96 billion, which is 13.91% higher than before.
Amazon’s net income soared to $10.62 billion, showing an extraordinary surge of 3721.58% year-over-year.
Each share of Amazon’s stock earned $1.01 in profit (diluted EPS), up by a whopping 4950% during the final quarter of 2023. Amazon’s net profit margin also went up a lot to 6.25%, showing a huge increase of 3189.47%.
Based on the latest Amazon Stock price prediction for 2024, our experts have set a price target indicating that the AMZN stock could potentially reach $202.80 by August 2024. This forecast reflects our belief that 2024 will be a favorable year to consider selling your assets and maximizing your profits.