Here's when Amazon stock will reach $200, according to analysts

Core Insights - Amazon has transitioned from an e-commerce pioneer to a technology giant, leveraging artificial intelligence to reshape its business model and has recently surpassed a market capitalization of $2 trillion, joining companies like Alphabet [1] - Wall Street analysts have raised their price targets for Amazon stock, with Bank of America upgrading its prediction to $220 from $210, indicating strong confidence in Amazon's future performance [2] Stock Price Predictions - The average target for Amazon stock in the next 12 months is now $221.55, suggesting a potential increase of 14.62% from its current price of $193.30, with the lowest target at $200 and the highest at $246 [2] - Analysts predict that Amazon could become the largest U.S. shipper, delivering over 9 billion packages globally in 2024, with nearly 25% of units delivered same or next day [2] Current Stock Performance - As of June 27, Amazon stock is priced at $193.30, reflecting a daily increase of 3.46%, a weekly increase of 3.55%, and a monthly gain of 6.16% [5] - The stock is on track to potentially reach $200 or higher soon, although market conditions can be unpredictable [5]