Amazon Stock Price Forecast – AMZN Shares Drops to $219 — Analysts Target $266
NASDAQ:AMZN Dips Below $220 as Tariff Shock Collides with AI-Fueled Growth Momentum
Amazon.com Inc. (NASDAQ:AMZN) slipped sharply on Friday, losing 3.83% to $219.02, underperforming both the S&P 500 (-1.81%) and Nasdaq (-2.47%) amid renewed trade tension headlines. The decline erased nearly $85 billion in market capitalization, bringing Amazon’s total valuation to $2.336 trillion, even as analysts maintain that fundamentals remain intact. The stock traded within a volatile $217.61–$228.25 intraday range, reflecting short-term uncertainty but also clear institutional accumulation near the $215 support zone. Despite the drop, Amazon’s valuation metrics continue to anchor the long-term bullish case. The company’s trailing…
