BOMB SHELL: Amazon Stock PLUMMETS Amid Tariff TERROR!
Hold on to your shopping carts, people! Amazon’s stock is on a dangerous downward spiral, and it’s not pretty! This week, shares of the e-commerce titan have fallen about 5%, sitting around $176 a share—down a staggering 19% this year alone! Investors are sweating bullets, and it’s all thanks to those pesky tariffs on Chinese imports!
SHOCKING REVEAL: 70% of Amazon’s Goods Come from China!
That’s right! A jaw-dropping 70% of the goodies you love on Amazon are sourced straight from China. With tariffs now CRUSHING imports by a mind-boggling 145%, experts are raising alarm bells across the board! As sellers face a gut-wrenching choice—jack up their prices or take a hit on profits—Amazon could be in for a financial train wreck!
WALL STREET IN A PANIC: Price Targets SLASHED!
This week, analysts hit the panic button, slashing their price targets for Amazon! Wedbush, Morgan Stanley, Citigroup, and others are ringing the alarm bell, with Wedbush dropping their target from $280 to just $225! They’re calling for revenue growth between a mere 2% to 6% in 2025. Yikes!
DEUTSCHE BANK WEIGHS IN: Earnings Set to CRATER!
Deutsche Bank is even more pessimistic, slicing their price target to a shocking $206, warning that earnings could plummet by 15% in 2025! They stress that Amazon’s U.S. e-commerce biz is slowing to a crawl, and rising tariff costs on goods from not just China, but Vietnam and beyond, could spell disaster!
A GLIMMER OF HOPE? Analysts Still Hold SOME Optimism!
Despite the chaos, Amazon still boasts a median price target of $260—suggesting a possible 47% leap from current levels. But with the stock trading at 32 times earnings, many fear it may still be OVERVALUED!
EARNINGS ON THE HORIZON: Is It Time to Panic?
Mark your calendars! Amazon is set to report its Q1 earnings on April 29, and all eyes will be glued to the numbers. With so much uncertainty swirling, will this be a comeback or a complete COLLAPSE? Only time will tell!
Buckle up, shoppers! The fate of Amazon hangs in the balance, and it’s a wild ride ahead!
