To predict the stock price of Amazon (AMZN) for the next trading week, we analyze both technical indicators and recent news sentiment.
Amazon's stock price has shown a bullish trend recently, with the price closing at $196.67 on March 21, 2025. The stock is trading above its 20-day and 50-day moving averages, indicating a positive trend.
Key technical indicators:
Amazon has been making significant strides in AI investments, including an $8 billion partnership with Anthropic, which has boosted its cloud business growth. The company is also expanding its cloud infrastructure in India with an $8.2 billion investment, further solidifying its position in the global cloud market.
Analysts have a "Strong Buy" consensus rating on AMZN, with a price target of $269.80, representing a 31.68% upside from current levels.
Based on the technical indicators and positive news sentiment, we predict that Amazon's stock price will rise to $203.04 in the next trading week. This is supported by the Fibonacci resistance level and the bullish trend in the stock price.
Recommendation: Buy AMZN stock as it is expected to continue its upward trend driven by strong fundamentals and positive analyst sentiment.
The price of AMZN is predicted to go up 1.08%, based on the high correlation periods with APLT. The similarity of these two price pattern on the periods is 97.54%.
AMZN
APLT
Year
AMZN Price Forecast($)
Potential Return(%)
2025
270.000
20.430
2026
300.000
41.320
2027
325.000
53.100
2028
350.000
64.880
2029
400.000
88.430
2030
430.000
102.560
Amazon is the clear leader in e-commerce and enjoys unrivaled scale to continue to invest in growth opportunities and drive the very best customer experience.
High-margin advertising and AWS are growing faster than the corporate average, which should continue to boost profitability over the next several years.
Amazon Prime memberships help attract and retain customers who spend more with Amazon; this reinforces a powerful network effect while bringing in recurring and high-margin revenue.
Jefferies
2025-03-31
Price Target
$275 → $250
Upside
+31.4%
DA Davidson
2025-02-07
Price Target
$235 → $280
Upside
+22.19%
Scotiabank
2025-01-24
Price Target
$246 → $306
Upside
+30.3%