Amazon Stock Price to Surge Above $300 by 2027: Wall Street Predictions
Despite its recent 8.54% decline to $259.77 in August, Amazon's stock price is expected to surge above $300 by September 2027, according to Wall Street analysts.
Citizens analyst Andrew Boone predicted a rise to $315 (21.26% above the latest close), while Wells Fargo's Ike Boruchow estimated it would reach $328 in the next 12 months, a 26.27% increase.
Goldman Sachs' Eric Sheridan was the most bullish, setting his price target at $375, 44.36% higher than the shares' latest close.
The average Wall Street attitude toward Amazon is largely bullish, with only one 'Neutral' and no negative recommendations among the forty ratings issued in the last three months.