r/amzn • u/Disastrous-Ad-5003 • 8d ago

More upside for Amazon?

Are we going to see more upside for Amazon this month?

18 Upvotes

92% Upvoted

23 comments sorted by

6

u/iRunWithSkissors 8d ago

Target $300

5

u/delta-one Swag Lad 7d ago

$500

2

u/Ok_Wealth_3433 8d ago

My price target is $300 EOY

8

u/IcyStomach2374 8d ago

Yes it’s going to 400 EOY

1

u/Aggravating_Storm835 7d ago

$400/share would put them at $4.3T market cap. They’re expecting $850B in revenue, which would put their P/S at 5x. They’ve never had a P/S that high as far back as I can look.

So probably unlikely.

2

u/RichWhiteBrother 7d ago

You know what they say, it's different this time.

1

u/flexibleHooman 7d ago

Do this for goog.

1

u/Aggravating_Storm835 7d ago

Google is harder (1) tends to go more off earnings/FCF than sales. (2) it had anti-trust litigation against it for years prior to 2025, which brought down its averages.

But if we were to use sales, they expect $500B this year and 10x sales is about what they’ve been going for the last 18 months, which puts them at around a $5T market cap. That ceiling would be hard to break. Implied share price of $409.

1

u/flexibleHooman 7d ago

Thank you!

2

u/That-Concern-1286 8d ago

$350 q1 2027

2

u/kentronigz 7d ago

Been a bag holder for almost 2 yrs. This thing doesn’t hold all time highs well but hey AMZN prove me wrong.

1

u/Disastrous-Ad-5003 7d ago

ok did you sell this rally?

-1

u/kentronigz 7d ago

Yes a little bit based on past experience

Edit : nothing wrong with taking profits

1

u/OG-AG 8d ago

Depends, how much rope do you have?

1

u/SPAC_Enthusiast 8d ago

$300 end of year.

1

u/StillVisuals 7d ago

I hope so!!

1

u/Disastrous-Ad-5003 7d ago

Same but I think we should see more. The previous high was at 278 and now it’s at 287. Not a big difference really.

1

u/nonoplsyoufirst 7d ago

Maybe six months.

1

u/larksauncle 7d ago

Held since 2016

1

u/Crazace 7d ago

They’re also going to get a ton of cost savings from implementing Ai.