So, what is the Amazon stock forecast for 2023-2060? Don’t worry; we have you covered.
In 2022, the stock price of Amazon (AMZN) was cut in half as investors became more risk-averse and grew more concerned about the prospect of a global recession.
Is this a hint that Amazon expects to take a heavier hit as the global crisis continues to develop, or are the layoffs merely necessary to stimulate corporate performance? In this article, we examine the Amazon stock forecast.
Amazon Stock Price History
Amazon’s stock price has grown considerably since it went public in 1997. At the time of its IPO, the stock was priced at $18 per share. Since then, it has seen several highs and lows, with the highest closing price of $186.12 on July 8, 2021. In terms of splits, Amazon has had two splits since 1997: a three-for-two stock split in 1998 and a two-for-one stock split in 1999.
Over the years, the stock price has increased steadily, and since the start of 2020, the stock has been on an upward trajectory. In January 2021, the stock reached a record high of over $3,000 per share.
Amazon Stock Forecast (2023-2060)
|Predicted Years||Minimum Price||Average Price||Maximum Price|
Industry professionals have suggested that one share of Amazon might have a minimum price of $120. While the price of AMZN stock may be higher when the year closes, this is not certain.
The highest price of Amazon in 2023 may be $150, which indicates that the company’s stock may reach that pricing level in 2023.
By 2024, Amazon may scale unprecedented heights across its operations. We also anticipate that the value of the company’s shares could rise directly from some of the accomplishments it may achieve by that time.
We will depend on the information from an expert analysis for our Amazon (AMZN) stock price projection for 2024. According to the forecast, the lowest stock price could be $210, and the highest price could be $225 in 2024. Similarly, the average price could be $228.
The median price goal for Amazon (AMZN) in 2025 is $290, with a high estimate of $310 and a low estimate of $230, according to the 45 analysts who have offered price projections for the company.
We anticipate that Amazon may continue to expand upon its triumphs from prior years and achieve even more in 2025, and the company shares could increase to reflect the growth.
According to analysts, future years can bring Amazon even more success. The organization has demonstrated on multiple occasions that it is ready to undertake further difficulties and broaden its operations into other fields of business.
If Amazon maintains its current growth rate, analysts anticipate their stock price could reach $400 in 2030. It has been estimated that the lowest price for Amazon could be $360, and the average price could be $380.
AMZN is expected to be worth at least $450, according to projections. It is also anticipated that the price of Amazon stock could have an average price of $500 by the end of 2035. On the other hand, more optimistic forecasts estimate that the value of AMZN stock might go as high as $570 per share.
In 2040, we anticipate that the stock price may continue to rise and be valued at an average price of $610 by the middle of that year. Furthermore, it may continue to increase and reach a maximum price of $670 by the time the year comes to a close.
It is reasonable to anticipate that by 2050, the company’s size may greatly increase, along with a significant increase in its stock price.
AMZN is anticipated to achieve a minimum price of $900. The average price could be around $925. Moreover, the company’s growth is expected to increase, bringing the maximum stock price to be $950 before the end of 2050.
In 2060, the lowest price for Amazon could be $1100, which is the more conservative estimate we are working with. It may be possible that the price of AMZN stock may reach a high of $1300 by the year 2060. In the year 2060, we anticipate that the share price of Amazon (AMZN) may have an average price of $1,300.
Is Amazon a Good Stock to Buy?
The data provided by TipRanks indicated that most analysts had a favorable outlook on the price of Amazon stock. Of 38 analysts, 35 recommended purchasing the stock, while only three recommended keeping it in one’s portfolio.
However, remember that analyst opinions can be incorrect, and the only person who can determine whether or not Amazon stock is an appropriate investment for you is yourself.
Amazon Stock Forecast Method
Amazon stock price forecast is calculated using various methods such as technical analysis, fundamental analysis, and artificial intelligence algorithms that use historical price data, market trends, and other factors to predict future performance.
No, Amazon is not a penny stock. Penny stocks are typically defined as those that trade for less than $5 per share and are often considered more risky investments due to the lack of financial and regulatory oversight compared to larger, more established companies.
Amazon’s stock is widely traded, highly liquid, and is not considered a penny stock. It’s one of the world’s biggest and most valuable companies, and its stock price has been well above $5 per share for many years.
Many financial experts consider Amazon to be a good long-term investment due to the company’s strong revenue growth, dominant position in the e-commerce market, and innovative approach to business. However, like any investment, it comes with its own set of risks.
The risks associated with investing in Amazon stock include market volatility, regulatory challenges, competition from other companies, geopolitical risks, and changes in consumer behavior.
The expected return on investment for Amazon stock can vary depending on various factors, including the length of time of the investment and the overall performance of the stock market.
Several factors can affect the price of Amazon stock, including market trends, company earnings reports, changes in consumer behavior, geopolitical risks, and regulatory changes.
Yes, Amazon stock can be a good addition to a diversified portfolio due to its potential for long-term growth and its position as a market leader in various industries. However, it’s important to ensure that any investment portfolio is well-balanced and diversified across various sectors and asset classes.
We have discussed the Amazon stock forecast for different years. Since its inception, Amazon has consistently taken the appropriate steps to progress. It had a humble beginning but has since expanded to embrace a variety of industries, most notably the entertainment industry and self-driving vehicles. Based on our projections, Amazon is a good stock to buy.