Where Will Amazon Stock Be in 2024?

By Parkev Tatevosian, CFA – Apr 22, 2024 at 10:56AM

NASDAQ: AMZN

Amazon

Market Cap

$1,921B

Today's Change

(1.02%) $1.89

Current Price

$186.61

Price as of May 3, 2024, 12:42 p.m. ET

Amazon's profits and cash flow have soared as it has grown into investments made during the pandemic.

Fool.com contributor Parkev Tatevosian forecasts where Amazon (AMZN 1.02%) stock could be by the end of 2024.

*Stock prices used were the afternoon prices of April 19, 2024. The video was published on April 21, 2024.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.