Amazon 5 year stock forecast market consensus for Amazon 5 year

Market consensus for Amazon 5 year stock forecast suggests share prices could reach the $220–$250 range by 2029, assuming steady inflation control and consumer spending resilience. Cloud dominance and advertising growth remain key revenue catalysts, mitigating cyclical retail headwinds. CEO Elliott Hill has now been in the hot seat for about a year, attempting to reestablish relationships with key retail partners like Foot Locker, clear out excess inventory in classic franchises like Dunks, and get back to innovating performance products that resonate with athletes. The bullish scenario for Amazon involves quick stabilization of the global economy. In a normal economic environment, Amazon should be able to grow earnings roughly 20% annually over the next five years. Applying that growth to the company’s current P/E ratio of 34 implies a five-year price target in the high-$400s. That's more than double AMZN's current price. Growth projections within Amazon 5 year stock forecast rely on continued subscription expansion in Prime Video and Music. These services are forecast to contribute over 10% to total revenue streams by 2028, enhancing investor sentiment.