What is the forecast for Amazon stock?

The forecast for Amazon stock, splits aside, is for steadily increasing price action punctuated by pullbacks, corrections, and consolidations. While there is competition for Amazon, this company is entrenched and will stand the test of time because eCommerce is the way businesses thrive in today's markets.

Will AMZN stock return to its all-time high in 5 years?

Others didn’t like to see the e-commerce giant halting some of its hiring activity. Yet, there are reasons to believe that AMZN stock will return to its all-time high and then reach the $200 mark in five years. It was all over the financial headlines and social media: Amazon got kicked out of the Trillion Dollar Club recently.

How often does AMZN stock change hands?

Shares change hands at 54 times analysts' 2023 earnings per share (EPS) estimate, according to data from S&P Global Market Intelligence. And yet AMZN stock has traded at an average forward P/E of 75 over the past five years.

Will Amazon's stock keep growing?

Amazon’s stock was cut in half in 2022 -- an astonishing retracement. Its e-commerce and cloud businesses face tough macro headwinds. But it has survived previous recessions, and it will likely keep growing. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services.