Earnings and Stock Performance - Amazon reported revenue of $146 68 billion missing the expected $147 98 billion and projected Q3 profit between $154 billion and $158 5 billion below the previously projected $158 24 billion leading to the largest one-day price decline since April 2022 [1] - At press time Amazon stock stood at $165 80 with a 1 86% daily increase a 0 44% weekly decline and a 16 83% monthly drop reducing its year-to-date (YTD) gains to 10 58% [4] - Pre-market price was $167 14 reflecting a 0 81% increase [5] AI Model Predictions - ChatGPT-4o analyzed Amazon's stock potential suggesting a $250 target within 12 months based on bullish analyst predictions averaging $219 with high-end estimates reaching $251 [2] - Key factors for achieving $250 include growth in high-margin areas like AWS and advertising as well as investments in AI and new technologies [2] - Technical analysis indicators suggest a bullish short-term trend though not specifically targeting the $250 level [2] Analyst and Market Expert Opinions - Morgan Stanley removed Amazon as a 'Top Pick' citing disappointing results particularly in retail operations but noted potential improvements in cost-to-serve metrics and advertising business [3] - Finance experts maintain an average price target of $223 58 with a 'strong buy' score and only one analyst recommending 'hold' for the next 12 months [3] Market Sentiment and Outlook - Despite recent declines Amazon stock could reach $250 as per the AI model's optimistic scenario though market unpredictability remains a factor [5]
Here's when Amazon stock will reach $250, according to ChatGPT-4o