Amazon (AMZN) Stock Forecast 2025: Can AI, AWS and Rufus Revive the Rally by Year-End?
Amazon shares closed near $220.69 on November 22, 2025, down sharply from a record $255 earlier in the month after a major cloud deal with OpenAI. The drop erased the stock’s 2025 gains amid a broader tech selloff and AI spending concerns. Third-quarter net sales rose 13% to $180.2 billion, with AWS revenue up 20% year-over-year. Operating income was flat due to FTC settlement and severance charges.