May 2025

Stocks have been impacted by the weak US retail sales and inflation data. However, Microsoft, Amazon and Rivian stock prices are likely to put on a strong show in the near-term. Microsoft Microsoft stock price is on an upbeat mode, driven by its recent strong earnings results and bright outlook. The company reported revenues of $70.07 billion, beating Wall Street analysts' consensus forecast of $68.44 billion, with its EPS beating forecasts by $0.23. Following the strong earnings, Citi analysts have just raised their Microsoft stock price 12-month target from $480 to $540, implying a 13% upside on the current stock price, while maintaining a "buy" rating. City estimates that the Azzure earnings will grow by 30% in 2025, ensuring the company stays on the growth path. Microsoft trades at $455 as of this writing, up by 6.9% year-to-date. Microsoft stock price prediction Pivot: Microsoft stock price pivots at $451 and the upside will prevail above that level. Otherwise, the momentum could shift to the downside. Resistance: Primary resistance at $455. Second resistance at $457 Support: First support likely at $448. The upside narrative will be invalid below that level. Second support at $447. Amazon Amazon stock price took a beating in the midst of a protracted trade tariff tussle between the United States and China. However, the recent substantial cuts to the previous triple-digit percentage to low double digits has renewed investor confidence until at least mid-August. In addition, the Trump administration has slashed tariffs charged on purchases worth $800 or lower from 120% to 54%. These two developments are key breakthroughs for Amazon's shipping business, including its Amazon Haul arm launched last year to target low-cost purchases. After a steep decline between February and April, Amazon stock price has fresh impetus from strong earnings and trade tariff cuts. It currently trades at $205, just above the $200 support, offering buyers a good entry point. Meanwhile, UK-based market research firm New Street Research has recently lowered its AMZN price target from $290 to $260, a substantial decline, but a 26% upside from the current level. Amazon stock price prediction Pivot: Amazon stock price pivot mark is at $204. The upside will prevail above that level. Conversely, breaking below that level will signal the onset of downward momentum. Resistance: First resistance at $207. Second one at $208. Support: Initial support likely at $203. The upside narrative will be invalid below that mark. Second support likely at $202. Rivian After years of struggle, Rivian (NASDAQ: RIVN) seems to be on its way to profitability. The company reported a gross profit of $206 million for the quarter ending March 2025, its second successive positive quarter. The company is still sitting in a healthy financial position, with $8.5 billion in cash and liquid assets. Investors are upbeat ahead of the company's launch of R2 sales. The company's new model is expected to be available from 2026 and will start at $45,000-its cheapest yet. That could expand Rivian's market substantially, and strengthen its muscle to take on EV giant, Tesla. Rivian stock price has gained 29% in the last month and is up by 15% year-to-date. That implies an underlying bullishness, which, combined with recent earnings and growth guidance, will likely keep it on the ascending trajectory. Rivian stock price prediction Pivot: RIVN price pivots at $15.00. Resistance: First hurdle at $15.35, second one likely at $15.55. Support: Primary support at $14.75, below which the upside narrative will be invalid. That could result in further declines to test $14.50.