Amazon (AMZN) stock opened Tuesday’s trading bell at the $212 mark. Its price remains on a slippery slope as it shed nearly 10% in value in the last 30 days. The stock is also down 4.20% year-to-date and is showing bearish signals in the indices. The downturn comes as the broader US stock market is experiencing turbulence in 2025. Trump’s tariffs are making investors worried as the trade wars have led to market instability.
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The normal flow of global trade is being impacted with several import and export businesses footing the bill. From steel to oil and cars, tariffs are the norm which could make the consumer pay the price and eventually lead to a decline in sales due to sharp spikes. AMZN stock is also being affected in the melee making its price to tank in the charts. The markets are now stagnating and the Trump-induced bull run is slowly grinding to a halt.
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AMZN Price Prediction: How High Will Amazon Stock Reach in March 2025?
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Leading on-chain metrics and price prediction firm Traders Union predicts that Amazon stock could reach a maximum high of $236 in March 2024. That’s an uptick and return on investment (ROI) of approximately 11% from its current price of $212. However, the forecast estimates that its average trading price could hover around the $214 mark. That’s less than a percent surge from its current price indicating that AMZN could become stagnant.
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On the downside, the price prediction states that if the markets dip, Amazon stock could slide to a new low of $193. That’s a downturn of close to 9% if the market enters bearish territory. Taking the maximum high of $236 into consideration, an investment of $1,000 could turn into $1,110 if the forecast turns out to be accurate in March 2025.