Amazon (AMZN, Financial) is making headlines with its potential expansion in AI firm Anthropic. This move may strengthen Amazon's position amidst notable competition, notably from Google (GOOGL), which has already committed $3 billion.
- Amazon's AI investment could further elevate its market dominance.
- Analysts predict a favorable upside potential for AMZN stock.
- GuruFocus metrics reveal contrasting valuations for Amazon's future.
Wall Street Analysts Forecast
According to forecasts from 67 analysts, the average one-year price target for Amazon.com Inc (AMZN, Financial) stands at $245.30. Projections range from a high of $305.00 to a low of $195.00. The present average target hints at a potential upside of 10.23% from its current price of $222.54. For more in-depth data, visit our Amazon.com Inc (AMZN) Forecast page.
Amazon's Brokerage Recommendations
The consensus recommendation from 73 brokerage firms currently places Amazon.com Inc (AMZN, Financial) at an average brokerage recommendation rating of 1.7, classifying it as "Outperform." This rating uses a scale from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell.
GuruFocus Metrics and Valuation
GF Value analysis by GuruFocus suggests the estimated value for Amazon.com Inc (AMZN, Financial) over the next year is $189.47. This implies a potential downside of 14.86% from its current market price of $222.54. The GF Value represents the perceived fair trading value, calculated through historical stock multiples, previous growth trends, and projected performance. Dive deeper into these insights on the Amazon.com Inc (AMZN) Summary page.
