- Amazon.com Inc (AMZN, Financial) holds a strong quant rating of 4.84, leading among major S&P 500 tech companies.
- Analyst forecasts suggest a potential price increase, positioning Amazon for an "Outperform" status.
- GF Value indicates a possible downside, raising questions about overvaluation amidst AI growth dynamics.
In an era marked by burgeoning concerns over an AI-fueled market bubble that many fear may surpass the late 1990s dot-com surge, Amazon.com Inc. (AMZN) has emerged as a standout. With a remarkable quant rating of 4.84, Amazon leads the charge among key S&P 500 technology giants including Alphabet and Microsoft, cementing its pivotal role in current market dynamics.
Wall Street Analysts' Price Forecasts
Wall Street's one-year price targets from 67 analysts set an average target for Amazon.com Inc (AMZN, Financial) at $247.14, featuring a high of $305.00 and a low of $195.00. This average target suggests an enticing potential upside of 10.57% from the current trading price of $223.51, providing a beacon of optimism for investors. Dive deeper into these insights on the Amazon.com Inc (AMZN) Forecast page.
Brokerage Recommendations
The consensus among 73 brokerage firms places Amazon.com Inc (AMZN, Financial) at an average recommendation score of 1.7, a testament to its "Outperform" status. Within the scale, a rating of 1 represents a Strong Buy, while 5 signals a Sell, positioning Amazon as a strong contender for investors seeking potential growth in their portfolios.
Evaluating Amazon's GF Value
According to GuruFocus estimates, the projected GF Value of Amazon.com Inc (AMZN, Financial) in a year's time stands at $189.47, suggesting a possible downside of 15.23% from its current value of $223.505. This GF Value reflects GuruFocus' fair value estimation, derived from historical trading multiples, past business growth, and anticipated future performance. Delve into more comprehensive data on the Amazon.com Inc (AMZN) Summary page.
