64/100BAmazon.com stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Amazon.com is 328.48, 23.4% above the current price of 266.22. Their targets range from 250.00 to 390.00.
Of the 37 firms that rated Amazon.com in the past 12 months, 35 rate it buy or strong buy, 2 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.
Analysts' 1-year price targets range from 250.00 to 390.00, with an average of 328.48.
| Buy | 35 | |
| Hold | 2 | |
| Sell | 0 |
12-month price target
| Highest target | 390.00 |
| Average target | 328.48 |
| Lowest target | 250.00 |
| Current price | 266.22 |
Amazon.com price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Amazon.com price target and rating?
How analysts rate Amazon.com, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
35 of 37 firms rate it buy now, against 43 of 44 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Amazon.com analyst upgrades, downgrades and price targets
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 30 Oct 2026 | D.A. Davidson Gil Luria | — | 175.00 → 250.00 | +42.9% | 238.87 |
| 30 Oct 2026 | Cantor Fitzgerald Deepak Mathivanan | Reiterated · Overweight | 320.00 → 280.00 | -12.5% | 238.70 |
| 30 Oct 2026 | Mizuho Securities Lloyd Walmsley | Reiterated · Outperform | 330.00 → 335.00 | +1.5% | 243.79 |
| 30 Oct 2026 | Raymond James Josh Beck | — | 390.00 → 250.00 | -35.9% | 243.79 |
| 30 Oct 2026 | KeyBanc | Reiterated · Overweight | 345.00 → 317.00 | -8.1% | 243.79 |
| 30 Oct 2026 | KeyBanc Justin Patterson | — | 350.00 → 345.00 | -1.4% | 243.79 |
| 30 Oct 2026 | Goldman Sachs Eric Sheridan | — | 375.00 → 370.00 | -1.3% | 243.79 |
| 30 Oct 2026 | Truist Financial | — | 320.00 → 390.00 | +21.9% | 243.79 |
| 26 Oct 2026 | UBS Stephen Ju | Reiterated · Buy | 200.00 → 348.00 | +74.0% | 248.00 |
| 19 Oct 2026 | Morgan Stanley Brian Nowak | Reiterated · Overweight | 335.00 → 350.00 | +4.5% | 256.84 |
| 12 Oct 2026 | Wells Fargo Ken Gawrelski | Reiterated · Overweight | 338.00 → 329.00 | -2.7% | 262.43 |
| 6 Oct 2026 | Tigress Financial Ivan Feinseth | Reiterated · Buy | 385.00 | — | 255.37 |
| 30 Sept 2026 | Rosenblatt Securities Scott Devitt | Reiterated · Buy | 345.00 → 360.00 | +4.3% | 246.67 |
| 17 Sept 2026 | UBS | — | 318.00 → 200.00 | -37.1% | 251.55 |
| 3 Sept 2026 | Wells Fargo Ken Gawrelski | Reiterated · Overweight | 328.00 → 338.00 | +3.0% | 254.98 |
| 28 Aug 2026 | Evercore ISI | — | 285.00 → 355.00 | +24.6% | 256.26 |
| 3 Aug 2026 | Roth Capital | — | 300.00 → 325.00 | +8.3% | 271.58 |
| 31 Jul 2026 | RBC Capital Brad Erickson | Reiterated · Outperform | 320.00 → 330.00 | +3.1% | 270.17 |
| 31 Jul 2026 | Deutsche Bank | — | 315.00 → 325.00 | +3.2% | 268.17 |
| 31 Jul 2026 | Raymond James Josh Beck | — | 280.00 → 390.00 | +39.3% | 268.61 |
| 31 Jul 2026 | Wedbush Ygal Arounian | Reiterated · Outperform | 300.00 → 310.00 | +3.3% | 270.44 |
| 31 Jul 2026 | KeyBanc Justin Patterson | Reiterated · Overweight | 335.00 → 350.00 | +4.5% | 235.50 |
| 31 Jul 2026 | Rosenblatt Securities Barton Crockett | Reiterated · Buy | 345.00 | — | 235.50 |
| 31 Jul 2026 | Cantor Fitzgerald Deepak Mathivanan | Reiterated · Overweight | 330.00 → 320.00 | -3.0% | 235.50 |
| 31 Jul 2026 | Wells Fargo | Reiterated · Overweight | 322.00 → 328.00 | +1.9% | 235.50 |
| 31 Jul 2026 | Mizuho Securities Lloyd Walmsley | Reiterated · Outperform | 320.00 → 330.00 | +3.1% | 235.50 |
| 31 Jul 2026 | UBS Stephen Ju | Reiterated · Buy | 305.00 → 318.00 | +4.3% | 235.50 |
| 31 Jul 2026 | Robert W. Baird Colin Sebastian | — | 300.00 → 310.00 | +3.3% | 235.50 |
| 31 Jul 2026 | Telsey Advisory Joe Feldman | Reiterated · Outperform | 315.00 → 335.00 | +6.3% | 235.50 |
| 31 Jul 2026 | Bernstein Mark Shmulik | Reiterated · Outperform | 315.00 → 320.00 | +1.6% | 235.50 |
| 31 Jul 2026 | Pivotal Research | — | 320.00 → 333.00 | +4.1% | 235.50 |
| 31 Jul 2026 | Piper Sandler Thomas Champion | Reiterated · Overweight | 365.00 → 320.00 | -12.3% | 235.50 |
| 31 Jul 2026 | Goldman Sachs Eric Sheridan | — | 335.00 → 375.00 | +11.9% | 235.50 |
| 31 Jul 2026 | HSBC Paul Rossington | — | 310.00 | — | 235.50 |
| 31 Jul 2026 | Morgan Stanley Brian Nowak | — | 330.00 → 335.00 | +1.5% | 235.50 |
| 31 Jul 2026 | Wolfe Research Shweta Khajuria | — | 320.00 → 315.00 | -1.6% | 235.50 |
| 31 Jul 2026 | Piper Sandler Ross Sandler | — | 330.00 → 365.00 | +10.6% | 235.50 |
| 28 Jul 2026 | BMO Capital | Reiterated · Outperform | 315.00 → 360.00 | +14.3% | 229.56 |
| 28 Jul 2026 | Mizuho Securities Lloyd Walmsley | Reiterated · Outperform | 325.00 → 320.00 | -1.5% | 231.39 |
| 28 Jul 2026 | UBS Stephen Ju | Reiterated · Buy | 315.00 → 305.00 | -3.2% | 231.39 |
| 21 Jul 2026 | Wells Fargo | Reiterated · Overweight | 312.00 → 322.00 | +3.2% | 249.99 |
| 16 Jul 2026 | KeyBanc | Reiterated · Overweight | 325.00 → 335.00 | +3.1% | 254.96 |
| 9 Jul 2026 | Goldman Sachs Eric Sheridan | — | 325.00 → 335.00 | +3.1% | 241.58 |
| 11 Jun 2026 | Piper Sandler Ross Sandler | — | 315.00 → 330.00 | +4.8% | 238.00 |
| 1 Jun 2026 | Truist Financial Youssef Squali | — | 285.00 → 320.00 | +12.3% | 264.64 |
| 1 Jun 2026 | UBS | — | 333.00 → 315.00 | -5.4% | 270.64 |
| 20 May 2026 | Wells Fargo | Reiterated · Overweight | 313.00 → 312.00 | -0.3% | 259.34 |
| 1 May 2026 | Robert W. Baird | — | 285.00 → 300.00 | +5.3% | 268.57 |
| 1 May 2026 | Raymond James | — | 260.00 → 280.00 | +7.7% | 265.06 |
| 30 Apr 2026 | Morgan Stanley | Reiterated · Overweight | 300.00 → 330.00 | +10.0% | 261.56 |
Amazon.com EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Amazon.com's EPS to grow 26.9% a year until 2028.
Analysts expect Amazon.com's revenue to grow 16.3% a year until 2028, faster than over the last 5 years (13.2% a year) and the last 3 years (11.7%).
Revenue
EPS
Does Amazon.com beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 39.7% off the result, either way, and their revenue estimate 1.3%, over the last 12 quarters.
- EPS beats
- 55 / 118
- Revenue beats
- 71 / 118
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +38.9%
- Since
- July 1997
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 29 Oct 2026 | 1.97 | 1.89 | -4.1% | 202.22B | 201.94B | -0.1% |
| Q2 FY2026 | 30 Jul 2026 | 1.82 | 5.75 | +215.9% | 197.03B | 200.61B | +1.8% |
| Q1 FY2026 | 29 Apr 2026 | 1.63 | 2.78 | +70.6% | 177.28B | 181.52B | +2.4% |
| Q4 FY2025 | 5 Feb 2026 | 1.97 | 1.95 | -1.0% | 211.45B | 213.39B | +0.9% |
| Q3 FY2025 | 30 Oct 2025 | 1.57 | 1.95 | +24.2% | 177.91B | 180.17B | +1.3% |
| Q2 FY2025 | 31 Jul 2025 | 1.31 | 1.68 | +28.2% | 161.78B | 167.70B | +3.7% |
| Q1 FY2025 | 1 May 2025 | 1.37 | 1.59 | +16.1% | 155.15B | 155.67B | +0.3% |
| Q4 FY2024 | 6 Feb 2025 | 1.48 | 1.86 | +25.7% | 187.34B | 187.79B | +0.2% |
| Q3 FY2024 | 31 Oct 2024 | 1.14 | 1.43 | +25.4% | 157.28B | 158.88B | +1.0% |
| Q2 FY2024 | 1 Aug 2024 | 1.03 | 1.26 | +22.3% | 148.67B | 147.98B | -0.5% |
| Q1 FY2024 | 30 Apr 2024 | 0.83 | 0.98 | +18.1% | 142.65B | 143.31B | +0.5% |
| Q4 FY2023 | 1 Feb 2024 | 0.80 | 1.00 | +25.0% | 165.93B | 169.96B | +2.4% |
Amazon.com stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Amazon.com's earnings grow at the 26.9% a year analysts expect to FY2028, then 15.0% a year, it would earn about 19.39 a share in FY2030. At the P/E it has traded at over the last five years (21.2 to 51.5) that is 411.55 to 998.45 a share, or 750.92 at its average P/E of 38.7. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 12.83 | 272.43 | 497.08 | 660.94 |
| FY2027 | 10.76 | 228.48 | 416.89 | 554.31 |
| FY2028 | 14.66 | 311.19 | 567.80 | 754.97 |
| FY2029 (extrapolated) | 16.86 | 357.87 | 652.97 | 868.22 |
| FY2030 (extrapolated) | 19.39 | 411.55 | 750.92 | 998.45 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (21.2, 38.7, 51.5).
Is Amazon.com stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Amazon.com's P/E of 21.2 is near the bottom of its 5-year range (19.2 to 322.4, median 48.3). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay less for each point of growth than usual: a PEG of 0.8 on expected growth against 1.7 on its median P/E and past five years' growth. At its usual P/E (36.4 × EPS of 7.59), Amazon.com's fair value is 276.36, close to the price of 266.22. The EPS is without 4.95 a share of one-off gains in its other income, which the business does not repeat. Its forward P/E, on the consensus for FY2026, is 20.7.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (29.5 and 50.6). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 21.23
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 48.25
- Five-year P/E range
- 19.2 – 322.4
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 20.75
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 0.79
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +23.4%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 28.410 | 56.5734Price 28.4196 | +99.1% | |
| 64.525 | 128.0462Price 64.53185 | +98.4% | |
| 153.725 | 297.58169Price 153.73471 | +93.6% | |
| 243.002 | 464.73205Price 243.00627 | +91.2% | |
| 160.085 | 305.52160Price 160.09396 | +90.8% | |
| 37.565 | 71.4258Price 37.57193 | +90.1% | |
| 160.240 | 300.15225Price 160.24375 | +87.3% |
Furthest below the fair value on each stock's page, updated every day.