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On June 2, the price of Amazon.com stock closed above $1,000. One business day later (June 5), the price of Alphabet Class A stock also closed above $1,000. Given these recent closing prices, are any other stocks in the S&P 500 projected to see a closing price above $1,000 in the near future?

Companies with $1,000+ Potential

Looking at the mean target price estimates of all the stocks in the S&P 500, four stocks currently have mean target prices above $1,000. Three of these four stocks (Priceline.com, Amazon.com, and Alphabet Class A) have already seen their share price close above $1,000 at some point during the month of June. The only stock on the list that has not recorded a closing price above $1,000 is Alphabet Class C.

It is interesting to note that Intuitive Surgical had a closing price of $929.85 on June 8. However, the mean target price of analysts for this company is lower than the most recent closing price at $871.69.

The list below shows the 10 stocks in the S&P 500 with the highest mean target prices as of June 8.

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Senior Earnings Analyst
John’s weekly research report, Earnings Insight provides analysis and commentary on trends in corporate earnings data for the S&P 500, including revisions to estimates, year-over-year growth, performance relative to expectations, and valuations. He is a widely used source for the media and has appeared on CNBC, Fox Business News, and the Business News Network. In addition, he has been cited by numerous print and online publications such as The Wall Street Journal, Financial Times, The New York Times, MarketWatch, and Yahoo! Finance.

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