Amazon (AMZN): The Potential of Prime to Drive Significant Stock Growth by 2025
Source: Reuters
Amazon to Soar in 2025? Why Experts Are Eyeing Notable Prime Impact
Monday brought what looked like more of the same for Amazon shares. The stock dropped another 1.6% despite the United States announcing certain tariff exemptions. However, it has embraced a slight turnaround, jumping 3.6% over the last five days to trade at the $181 level.
Things are looking up, and certain Magnificent Seven stocks should be on the radar of opportunistic traders. Indeed, Amazon may emerge as a key player, with one analyst saying Prime could be its key to sending its share price soaring amid a down year so far.
“It’s not like everyone has cancelled Amazon Prime because of worries about tariffs,” Brown Report founder Jason Brown recently said. Additionally, he noted the company “has a little bit of pricing power” amid its recent AI exposure.
“With the stock at $160 to $170, investors should hold it for the long term,” he added. “Amazon is not going out of business, and it’s only a matter of time before it returns to its glory prices.”
Currently, the stock has a median price target of $265, up 45% from its current position, according to CNN data. Moreover, it has a high-end projection above the $300 mark, showcasing its 68% upside for the next year. Even its low-end outlook has it reaching $200, up 10% from where it stands now.
