For May 2025, the Amazon stock forecast suggests a trading range between $170–$190, with upside scenarios hinging on favorable macroeconomic indicators and retail market momentum. On the surface, the price performance of Amazon AMZN stock has been very respectable. After all, AMZN is only 9% from a 52-week and all-time high of $242 a share (post-split basis). The U.S. and China on Monday agreed to suspend most tariffs on each other's goods in a move that shows a major thawing of trade tensions between the world's two largest economies. In May 2025, Amazon stock forecast insights reveal a balanced mix of fundamental strength and technical bullishness, giving AMZN a credible shot at testing fresh highs above $190 within the quarter.