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Am stock price forecast the latest analyst call on the "AM
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The latest analyst call on the "AM stock price forecast" points to resilience, despite recent sector volatility. Strong export demand and operational efficiency improvements reinforce the probability of sustained positive price movement through Q4. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The Street was also mulling over earnings reports from two "Magnificent Seven" members. Apple slid 3.7% after posting fiscal second-quarter revenue from its services division that fell short against analyst estimates. Additionally, the iPhone maker said it expects to add $900 million in costs in the current quarter due to tariffs. Amazon shares, meanwhile, were marginally lower after the company issued light guidance , highlighting "tariffs and trade policies" as factors. The latest "AM stock price forecast" suggests moderate upside potential as market sentiment stabilizes after recent volatility. Analysts expect Q3 revenue growth of 4.8%, supported by improved demand in the industrial sector. Technically, AM is near a short-term resistance at $32.50, while fundamental valuation metrics point toward a fair value around $34 if earnings beat consensus estimates.