On June 4, 2025, JP Morgan's analyst Doug Anmuth released an updated evaluation for Amazon.com (AMZN, Financial). The investment firm decided to maintain its "Overweight" rating for AMZN, indicating a continued positive outlook on the stock's performance relative to others in the sector.
Despite retaining the "Overweight" rating, JP Morgan has revised its price target for Amazon. The updated price target has been lowered to $225.00 USD from the prior target of $240.00 USD. This adjustment represents a 6.25% decrease, reflecting changes in the firm's valuation expectations for AMZN.
Amazon.com (AMZN, Financial) continues to be a significant player in the market, and this analyst update is crucial for investors considering their positions in the tech giant. The decision by JP Morgan highlights the nuanced approach financial institutions must take in response to evolving market conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 67 analysts, the average target price for Amazon.com Inc (AMZN, Financial) is $240.81 with a high estimate of $305.00 and a low estimate of $195.00. The average target implies an upside of 16.87% from the current price of $206.05. More detailed estimate data can be found on the Amazon.com Inc (AMZN) Forecast page.
Based on the consensus recommendation from 73 brokerage firms, Amazon.com Inc's (AMZN, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Amazon.com Inc (AMZN, Financial) in one year is $187.83, suggesting a downside of 8.84% from the current price of $206.05. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Amazon.com Inc (AMZN) Summary page.