When will AMZN reach again $125/sh?
Open Closed Tags Stats About Back to juan.al

When will AMZN reach again $125/sh?

Forecasts
Jun 13, 2022 - 19:19
30%
< 1 Jul, 2022
55%
< 1 Aug, 2022
15%
>= 1 Aug, 2022
Reasoning

I think the market is over-reacting with the drop in the last few days due to inflation fears. I don’t think AMZN has a worse outlook today than the last time it was trading at $104 (Apr 9, 2020), and it was trading at $125 just a week ago, but perhaps I’ve not lived through enough recessions… I think AMZN’s flywheel is to powerful to dampen growth even with its current size and headwinds.