Amazon Stock Forecast: Do Not Panic Amazon Stock Can Still Hit $3000

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • I reiterate the buy rating I gave AMZN last February 27. Back then, I gave it a 1-year price target of $2,500.
  • I am now raising my price target for AMZN to $3,000. The COVID-19 tailwind is still extraordinarily strong for AMZN.
  • The $1.2 billion recent purchase of self-driving car company Zoox is a future growth driver for Amazon. 
  • Going forward, Amazon Logistics can have future self-driving delivery cars and trucks that can cover most of North America.
  • Aside from work-from-home, Amazon Web Services also has a tailwind from the learn-from-home education new normal.

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Amazon Stock Price Prediction: Do Not Panic, Amazon’s Stock Can Still Hit $2,500

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • Do not panic. Amazon's stock will recover from investors' misplaced fear over the effect of the COVID-19 epidemic. This is incorrect, AWS is why AMZN is highly-valued.
  • AWS is not affected by infectious diseases. Amazon's e-commerce business is also protected against supply-chain disruption.
  • My fearless forecast is that AMZN can hit $2,100 within the next 90 days. My one year price target for this stock is $2,500.
  • COVID-19 is a minor setback. Amazon Logistics has its own global fleet of planes, container ships, trucks, vans, and bikes/trikes.
  • Amazon's 1-day delivery service further increases its leadership in e-commerce.

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Amazon Stock Price Prediction: Why You Should Remain Bullish On AMZN

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • Seeking Alpha’s Quant Rating System has a Neutral recommendation for Amazon’s stock.
  • I am still endorsing AMZN as a buy. The holiday shopping season is coming soon. I expect Q4 2019 sales to set records.
  • Going long on Amazon’s stock while it trades below $1,800 is worth the risk. My bet is that this stock will trade near $1,900 price levels by January/February 2020.
  • The other reason why I remain bullish is that Amazon is emerging as a potent advertising platform.
  • My fearless forecast is that Amazon can eventually have a $20 billion/year advertising business within the next three years.

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AMZN Stock Forecast: The Cloud Dream Drives Amazon Surge

 

The article was written by Yutian Fang, Financial Analyst at I Know First and Master of Science in Finance candidate at Brandeis International Business School

AMZN Stock Forecast: The Cloud Dream Drives Amazon Surge

 Summary:

  • Robust performance in Q1 2018
  • Sustainable growth despite the intense competition
  • Currently I take hold position on AMZN as the current price is at the upper limit based on technical analysis

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AMZN Stock Prediction: Earnings Beat Correctly Predicted

Amazon.com (AMZN) was a top stock pick based on predictive algorithm recommended to I Know First subscribers of the “Tech Stocks” Package.

Published on July 16th, I Know First’s bullish article regarding Amazon stock summarized why the company remains a solid investment. The exclusive algorithm employed by I Know First correctly predicted a rise in Amazon share price despite expected losses by market analysts. The stock price increased 11% in after hours trading in accordance with the algorithm's prediction.

Amazon stock forecast

AMZN Stock Prediction For 2015 Based On A Predictive Algorithm

Summary

  • Amazon.com, com, Inc., America’s largest Internet-based retailer, has become a household name for its shipping services; geographically and commercially diverse, Amazon is also known for Kindle, and its fourteen-country span
  • While Amazon experienced some relatively poor circumstances earlier this year, Q4 2014 saw success, with profits beating analyst estimates; losses and guidance have also been less problematic than expectedAMZN
  • These numbers, when coupled with Amazon’s strong fundamentals (g., its Amazon Prime growth, AWS expansions, and ventures into content creation), seem to have resulted in positive analyst and investor sentiment
  • Amazon’s futuristic growth business principle yields long-term value when considering its customer-oriented model, along with a growing online shopping industry
  • I Know First’s algorithm predicts bullish outcomes for Amazon in the 3-month time frame
  • Algorithmic Analysis

    While fundamentals are very important, it can be quite advantageous to also consider stocks like Amazon from an algorithmic perspective. Though algorithms, like any other methods of analysis, are not definitive, they often contribute important information about a company, especially when viewed in combination with historical trends and fundamentals. The new 3-month forecast for Amazon, generated by the I Know First algorithm and updated on January 28th indicates a strong bullish assessment for the three-month time horizon.
    Although there are doubts regarding the sustainability of its profits, these fundamentals, alongside analyst opinion, a positive DCF valuation, and I Know First’s forecast, appear to indicate that Amazon – though it is a company known for its ups and downs – may well be bullish in the future, and in both the short-term and the long-term horizons.