Amazon stock (Nasdaq: AMZN) is trading at the $217 mark and has dipped nearly 5% in a week. Investors are looking at the dip as a buying opportunity as the tech stock could boom under the Trump presidency. The US markets are brimming with optimism, leading to the dollar breaching the 110 mark in the DXY index. The USD trampled all leading local currencies and surged more than 7% last year in the forex markets.
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Trump’s ascension to the White House has caused widespread enthusiasm in the US markets. Amazon is among the leading giants that could benefit from an upcoming market boom. Wall Street analysts have been bullish on AMZN stock signifying it could surge double digits this year. In this article, we will highlight how high Amazon stock could rally in 2025, so you can decide whether to take an entry position.
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AMZN Stock: Wall Street Strategists Predict Amazon Price For 2025
Amazon stock has spiked nearly 43% in a year and is projected to soar further in the charts. 48 Wall Street strategists have given a ‘buy’ target for AMZN, while one analyst has given it a ‘hold’ call, according to TipRanks. Wall Street analysts remain bullish on Amazon’s prospects in 2025, projecting a high of $290.
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That’s an uptick and return on investment (ROI) of approximately 34% from its current price of $217. Therefore, an investment of $1,000 could turn into $1,340 in the next 12 months if the forecast turns out to be accurate. The prediction also estimates that Amazon stock could trade at an average price of $250 this year. That’s an approximate surge of 15% from its current price.
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The development indicates that AMZN stock could perform well in 2025 and reward early investors with decent returns. Financial analysts remain positive that the markets could do well in the next four years. The S&P 500 could deliver phenomenal returns for index investors as leading stocks surge in value.