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Barchart
Barchart
Mohit Oberoi

Is Amazon Stock Headed Above $300 in 2025?

Amazon Amazon.com Inc. Tigress Financial Andy Jassy e-commerce AWS Microsoft

The “Magnificent 7” stocks that headed into 2025 on the back of a stellar rally have whipsawed this year. While they have bounced off their 2025 lows, only Meta Platforms (META) and Microsoft (MSFT) have turned green for the year based on May 6 closing prices.

All the constituents of the group except for Nvidia (NVDA) have released their earnings for the March quarter. Their collective quarterly performance was reasonably good, especially as it came amid an escalation in the U.S.-China trade war and rising recession fears.

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