S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Something is Coming for America's Top Stock (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Something is Coming for America's Top Stock (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Something is Coming for America's Top Stock (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Something is Coming for America's Top Stock (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Something is Coming for America's Top Stock (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Something is Coming for America's Top Stock (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Something is Coming for America's Top Stock (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Something is Coming for America's Top Stock (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture

Amazon.com (AMZN) Stock Price, News & Analysis

$174.99
+0.41 (+0.23%)
(As of 02/23/2024 ET)
Today's Range
$173.70
$175.75
50-Day Range
$144.57
$174.99
52-Week Range
$88.12
$175.75
Volume
59.72 million shs
Average Volume
50.99 million shs
Market Capitalization
$1.82 trillion
P/E Ratio
60.34
Dividend Yield
N/A
Price Target
$197.95

Amazon.com MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
13.1% Upside
$197.95 Price Target
Short Interest
Healthy
0.72% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.52mentions of Amazon.com in the last 14 days
Based on 134 Articles This Week
Insider Trading
Selling Shares
$5.50 B Sold Last Quarter
Proj. Earnings Growth
29.28%
From $4.03 to $5.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.94 out of 5 stars

Retail/Wholesale Sector

5th out of 202 stocks

Catalog & Mail - Order Houses Industry

1st out of 27 stocks


AMZN stock logo

About Amazon.com Stock (NASDAQ:AMZN)

Amazon, or Amazon.com, is the world's largest and leading portal for eCommerce. It was founded by Jeff Bezos, incorporated in 1994, and later went public in 1997. The company is headquartered in Seattle, Washington, and is a member of the influential FAANG group of stocks. When it comes to stocks, Amazon is proof that small companies can do big things; the AMZN stock price was pennies when it was first listed and now it trades well over $100 (split adjusted) per share.

The company is not a true retailer nor a pure-play manufacturer but in the business of connecting consumers and merchants together. The website was first created as a means of selling books at a discount but it has since grown to include most verticals in the retail sector. A few of the products the company does manufacture are the Kindle and Fire Tablets, Fire TVs, and smart home devices like Echo. Echo is powered by an AI personality named Alexa which can take vocal commands from its users.

Today, Amazon operates in three segments including North America, International, and Amazon Web Services. The first two segments are the core retail business while Amazon Web Services includes a host of Internet-related services for consumers and businesses alike. A little-known fact is that Amazon Web Services is as important to the function of the Internet as Google because of the infrastructure it provides and it hosts so many business websites.

Services provided by Amazon for merchants include listing, fulfillment, and advertising as well as subscriptions. Services provided by Amazon Web Services include cloud computing, storage, database maintenance, analytics, machine learning, and even artificial intelligence. In regard to the company's operations, Amazon Web Services is the smaller of the three segments but is a fast-growing and well-established part of the business that has had a positive influence on the AMZN stock price.

Among the many ancillary services provided by Amazon is Kindle Direct Publishing. This is a cloud-based service that enables writers and publishers to publish their works directly in the Kindle Store. Kindle, if you are unaware, is an Internet-connected tablet designed for reading books but also streams other forms of entertainment. Amazon also develops and publishes its own media content that is available via Kindle or the Amazon App that can be found on most smart TVs.

Amazon is also a disruptor, moving into new digital markets whenever it thinks it can make a profit. The move into streaming is only one example, another is a push into healthcare. Amazon Prime is another disruptive move and is a subscription service that entitles members exclusive access to Amazon services.

Amazon's stock price can be affected by factors including the pace of revenue growth, profitability, growth in the AWS segment, and any stock splits that may occur. The Amazon share price was impacted by splits 4 times between the IPO in 1997 and June 2022 and additional splits should be anticipated. The forecast for Amazon stock, splits aside, is for steadily increasing price action punctuated by pullbacks, corrections, and consolidations. While there is competition for Amazon, this company is entrenched and will stand the test of time because eCommerce is the way businesses thrive in today's markets.

AMZN Stock Price History

AMZN Stock News Headlines

Rivian shares gets discounted; shares can move lower  (AMZN)
Rivian had a mixed quarter, with losses mounting and guidance poor. Analysts are lowering the targets and driving the market to new lows.
Warren Buffett Stocks: What’s in Warren Buffett’s Portfolio? (AMZN)
What are Warren Buffett stocks? The billionaire Warren Buffett buys and holds stocks long-term. Learn the securities that form the backbone of his portfolio.
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move
He started from nothing and became a multimillionaire...He's now one of the most sought-after trading experts...Yet he operates 858 miles from Wall Street.And now, he's revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.
Spotify sounding better to analysts as company tunes into profits (AMZN)
Spotify's stock is at its best levels since late 2021 due to strong revenue growth and the prospect of profitability. Analysts are boosting their price targets.
Informatica charges ahead on AI-driven data management tailwinds (AMZN)
Informatica reported strong Q4 2023 earnings and raised full-year 2024 guidance, citing generative AI as a secular growth driver
Twilio: 4 compelling reasons to buy the dip (AMZN)
Here are four compelling reasons as to why investors can use the post-earnings sell-off as an opportunity to take a look at Twilio stock
These 5 stocks have unique competitive edge and room to run
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These 5 stocks have unique competitive edge and room to run (AMZN)
Analysts see more upside in companies with distinct competitive advantages, like Applied Materials, Cheniere Energy, Charles Schwab, ServiceNow and Microsoft.
AI Stock Caught Trading Under Secret Name
We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion.  The company holds over 29,000 patents in the U.S. It pays an enormous dividend.
Does Datadog have huge potential? (AMZN)
Datadog Inc. is a cloud-based observability, monitoring and security platform for enterprise networks. Learn more about the computer and technology leader.
Wayfair stock's 40% upside: The growth story in the industry (AMZN)
The new trends in the real estate market - the ones that hooked Buffett - are the same ones making Wayfair stock one of the easiest choices for your portfolio
Amazon argues that national labor board is unconstitutional, joining SpaceX and Trader Joe's
Amazon is arguing in a legal filing that the 88-year-old National Labor Relations Board is unconstitutional
3 Movie Stocks Betting on a Rom-Com Rebound This Year
3 Movie Stocks Betting on a Rom-Com Rebound This Year
AMZN Mar 2024 152.500 call
Where Will Amazon Stock Be in 1 Year?
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
2/24/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
Internet Retail
Current Symbol
NASDAQ:AMZN
CUSIP
02313510
Employees
1,525,000
Year Founded
1994

Price Target and Rating

Average Stock Price Target
$197.95
High Stock Price Target
$230.00
Low Stock Price Target
$116.00
Potential Upside/Downside
+13.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
44 Analysts

Profitability

Net Income
$30.43 billion
Pretax Margin
6.53%

Debt

Sales & Book Value

Annual Sales
$574.79 billion
Cash Flow
$7.57 per share
Book Value
$19.43 per share

Miscellaneous

Outstanding Shares
10,387,381,000
Free Float
9,109,733,000
Market Cap
$1.82 trillion
Optionable
Optionable
Beta
1.14

Social Links

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Should I Buy Amazon.com Stock? AMZN Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Amazon.com was last updated on Tuesday, February 20, 2024 at 11:29 PM.














AMZN Stock Analysis - Frequently Asked Questions

Should I buy or sell Amazon.com stock right now?

44 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last twelve months. There are currently 1 hold rating, 42 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" AMZN shares.
View AMZN analyst ratings
or view top-rated stocks.

What is Amazon.com's stock price target for 2024?

44 equities research analysts have issued twelve-month price targets for Amazon.com's stock. Their AMZN share price targets range from $116.00 to $230.00. On average, they predict the company's stock price to reach $197.95 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price.
View analysts price targets for AMZN
or view top-rated stocks among Wall Street analysts.

How have AMZN shares performed in 2024?

Amazon.com's stock was trading at $151.94 at the beginning of the year. Since then, AMZN stock has increased by 15.2% and is now trading at $174.99.
View the best growth stocks for 2024 here
.

Are investors shorting Amazon.com?

Amazon.com saw a drop in short interest in January. As of January 31st, there was short interest totaling 75,180,000 shares, a drop of 11.4% from the January 15th total of 84,850,000 shares. Based on an average daily volume of 48,400,000 shares, the days-to-cover ratio is presently 1.6 days.
View Amazon.com's Short Interest
.

When is Amazon.com's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our AMZN earnings forecast
.

How were Amazon.com's earnings last quarter?

Amazon.com, Inc. (NASDAQ:AMZN) issued its quarterly earnings results on Thursday, February, 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.19. The e-commerce giant earned $169.96 billion during the quarter, compared to analysts' expectations of $165.96 billion. Amazon.com had a net margin of 5.29% and a trailing twelve-month return on equity of 16.61%. The company's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.21 earnings per share.
Read the conference call transcript
.

Is Amazon.com a good dividend stock?

Amazon.com (NASDAQ:AMZN) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 6.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMZN will have a dividend payout ratio of 3.84% next year. This indicates that the company will be able to sustain or increase its dividend.

When did Amazon.com's stock split?

Amazon.com shares split on the morning of Monday, June 6th 2022. The 20-1 split was announced on Wednesday, March 9th 2022. The newly created shares were payable to shareholders after the closing bell on Friday, June 3rd 2022. An investor that had 100 shares of stock prior to the split would have 2,000 shares after the split.

What guidance has Amazon.com issued on next quarter's earnings?

Amazon.com updated its first quarter 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $138.0 billion-$143.5 billion, compared to the consensus revenue estimate of $142.1 billion.

What is Andrew Jassy's approval rating as Amazon.com's CEO?

18,663 employees have rated Amazon.com Chief Executive Officer Andrew Jassy on Glassdoor.com. Andrew Jassy has an approval rating of 83% among the company's employees. 74.0% of employees surveyed would recommend working at Amazon.com to a friend.

What other stocks do shareholders of Amazon.com own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Amazon.com investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), General Electric (GE), Alphabet (GOOG), Walt Disney (DIS) and Salesforce (CRM).

Who are Amazon.com's major shareholders?

Amazon.com's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.42%), Price T Rowe Associates Inc. MD (1.85%), Norges Bank (1.12%), Northern Trust Corp (0.86%), Capital Research Global Investors (0.77%) and Legal & General Group Plc (0.66%). Insiders that own company stock include Adam Selipsky, Amazon Com Inc, Andrew R Jassy, Brian T Olsavsky, Daniel P Huttenlocher, David H Clark, David Zapolsky, Douglas J Herrington, Jeffrey P Bezos, Jeffrey P Bezos, John G Sznewajs, Jonathan Rubinstein and Shelley Reynolds.
View institutional ownership trends
.

How do I buy shares of Amazon.com?

Shares of AMZN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Amazon.com have any subsidiaries?
The following companies are subsidiares of Amazon.com: 2lemetry, A100 ROW Inc., AbeBooks, Accept.Com, Aditya Birla Fashion and Retail, Alexa, Amazon Data Services Inc., Amazon Technologies Inc., Amazon US Services LLC, Amazon Web Services Inc., Amazon.com NV Investment Holdings LLC, Amazon.com Sales Inc., Amazon.com Services LLC, Amiato, Amie Street, Angel.ai, Annapurna Labs, Audible, Back To Basics Toys, Biba, Blink, Body Labs, BookSurge, Bookpages, Brilliance Audio, BuyVIP, CDNOW, Canvas Technology, Cloud9, Clusterk, Comixology, Convergence Corporation, CustomFlix, Dispatch, Double Helix Games, E8 Storage, EMVANTAGE Payments, Elemental Technologies, Evi, Exchange.Com, Fabric.com, GameSparks, GlowRoad, Goodreads, Graphiq, Health Navigator, IMDB, INLT, IVONA Text-To-Speech, Immedia, Joyo.com, Junglee, Kiva Systems, LOVEFiLM, Leep Technology, Lexcycle, Liquavista, LiveBid, MGM Studios, Mobipocket.com, Orbeus, OurHouse, Perpule, PillPack, PlanetAll.com, Prione, Pushbutton, Quidsi, Quorus, Reflexive Entertainment, Ring, Rooftop Media, Safaba Translation Solutions, Screentech, Selz, Shelfari, Shoefitr, Shopbop, SnapTell, Souq.com, Stanza, Tapzo, TeachStreet, Telebook, TenMarks Education, TextPayMe, The Book Depository, Touchco, Twitch, Umbra3D, UpNext, Veeqo, Whole Foods Market, Without A Box, Woot, Yap, Zappos, Zoox, dpreview, and eero.
Read More
This page (NASDAQ:AMZN) was last updated on 2/24/2024 by MarketBeat.com Staff