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S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Laser breakthrough could send stock soaring 2,467% (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
His system isolated NVIDIA - Here's His Next Buy. (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Laser breakthrough could send stock soaring 2,467% (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
His system isolated NVIDIA - Here's His Next Buy. (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Laser breakthrough could send stock soaring 2,467% (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
His system isolated NVIDIA - Here's His Next Buy. (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
Followed 309 TimesTop FollowedTop-Rated StocksTop-RatedMost-Upgraded StocksMost-Upgraded
NASDAQ:AMZN

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

$131.27
+2.15 (+1.67%)
(As of 09/25/2023 ET)
Compare
Today's Range
$128.77
▼
$131.78
50-Day Range
$128.15
▼
$144.85
52-Week Range
$81.43
▼
$145.86
Volume
45.41 million shs
Average Volume
61.61 million shs
Market Capitalization
$1.35 trillion
P/E Ratio
103.36
Dividend Yield
N/A
Price Target
$161.22
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Amazon.com MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.96 Rating Score
Upside/​Downside
22.8% Upside
$161.22 Price Target
Short Interest
Healthy
0.71% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.55mentions of Amazon.com in the last 14 days
Based on 121 Articles This Week
Insider Trading
Selling Shares
$55.22 M Sold Last Quarter
Proj. Earnings Growth
38.12%
From $2.23 to $3.08 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.91 out of 5 stars

Retail/Wholesale Sector

40th out of 205 stocks

Catalog & Mail - Order Houses Industry

4th out of 30 stocks

See Top Rated MarketRank™ Stocks Here

AMZN stock logo

About Amazon.com (NASDAQ:AMZN) Stock

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 Price History

AMZN Stock News Headlines

September 25, 2023 | marketbeat.com
Buy The World’s Largest IT Infrastructure Provider For Under $20 (AMZN)
Global IT infrastructure company Kyndryl Holdings (NYSE: KD) isn't quite a household name. However, it is the largest IT infrastructure provider on the planet.
September 25, 2023 | marketbeat.com
3 Stocks That Flourish In The Fall (AMZN)
As the leaves fall, Starbucks, TJX, and Target investors often rake in gains, benefiting from those companies' popular autumn seasonal offerings.
September 26, 2023 | Stansberry Research (Ad)
A 73-Year-Old Market Signal With 95% Accuracy Just Flashed
This signal has flashed just 24 times in the past 73 years – and it has signaled the exact moment to move your money with 95% accuracy. Now, it's flashing again. Discover where here.
September 25, 2023 | marketbeat.com
Is Datadog a Buyout Target After Cisco's Splunk Acquisition? (AMZN)
Given the anticipated growth in cybersecurity software, Datadog may already be getting some takeover bites from large cap tech.
September 25, 2023 | marketbeat.com
Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battle
Amazon is investing up to $4 billion in artificial intelligence startup Anthropic and taking a minority stake in the company
September 23, 2023 | marketbeat.com
3 Reasons This Sleeping Giant Is About To Wake Up
Leaving aside the company's not-so-great share price habits over the years, there are compelling signs that a new IBM is emerging.
September 22, 2023 | marketbeat.com
3 Reasons This Sleeping Giant Is About To Wake Up (AMZN)
Leaving aside the company's not-so-great share price habits over the years, there are compelling signs that a new IBM is emerging.
September 22, 2023 | marketbeat.com
Amazon Prime Video will soon come with adds, or a $2.99 monthly charge to dodge them
Amazon’s Prime Video will begin showing adds during shows and movies early next year, joining other streaming services that have added different tiers of subscriptions
September 26, 2023 | Chaikin Analytics (Ad)
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
September 21, 2023 | marketbeat.com
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In? (AMZN)
The market will want to see fundamentals improve before jumping on the upgrade, but with more than 50% upside, Etsy stock could carve out big gains in 2024.
September 21, 2023 | marketbeat.com
3 Compelling Reasons to Start Buying Undervalued Amazon
Amazon is gaining traction in 2023 and is expected to continue growing in 2024 which helps explain why analysts and institutions are buying the stock
September 21, 2023 | marketbeat.com
5 Sizzling Tech Companies on the Brink of Bullish Reversals
Tech stocks are on the move and some are forming solid reversal patterns that could lead to double-digit gains for investors.
September 26, 2023 | americanbankingnews.com
Amazon.com (NASDAQ:AMZN) Given Outperform Rating at Wedbush
September 26, 2023 | msn.com
Why Amazon's $4 billion investment in ChatGPT rival Anthropic could be a game changer in the generative AI space
September 26, 2023 | bizjournals.com
Outgoing Amazon devices executive to replace Blue Origin CEO next year
September 26, 2023 | fortune.com
Jeff Bezos' Blue Origin spaceflight company gets a veteran Amazon executive as a new CEO amid setbacks and delays
September 25, 2023 | bizjournals.com
Amazon to invest up to $4 billion in San Francisco-based Anthropic
September 25, 2023 | cnbc.com
Jeff Bezos' Blue Origin to replace CEO Bob Smith with outgoing Amazon exec Dave Limp
September 25, 2023 | wsj.com
Stocks to Watch Monday: Amazon, Nio, Disney, Netflix
September 25, 2023 | reuters.com
Amazon steps up AI race with up to $4 billion deal to invest in Anthropic
September 25, 2023 | msn.com
Amazon to invest up to $4B in AI startup Anthropic
September 25, 2023 | benzinga.com
Amazon Stock Is Moving Higher Monday: What's Going On?
September 25, 2023 | uk.finance.yahoo.com
Amazon invests £4bn in ChatGPT rival cofounded by British former journalist
September 25, 2023 | finance.yahoo.com
These Stocks Are Moving the Most Today: Warner Bros. Discovery, Amazon, Williams-Sonoma, Alcoa, Steel Dynamics, and More
September 25, 2023 | nytimes.com
Amazon to Invest Up to $4 Billion in A.I. Start-up Anthropic
September 25, 2023 | markets.businessinsider.com
Analysts Offer Insights on Technology Companies: Unity Software (U) and Amazon (AMZN)
September 25, 2023 | wsj.com
Stocks to Watch Monday: Warner Bros., Paramount, Amazon
See More Headlines
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AMZN Company Calendar

Last Earnings
8/03/2023
Today
9/25/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Catalog & mail - order houses
Sub-Industry
Internet Retail
Sector
Retail/Wholesale
Current Symbol
NASDAQ:AMZN
CUSIP
02313510
CIK
1018724
Web
www.amazon.com
Phone
(206) 266-1000
Fax
302-636-5454
Employees
1,541,000
Year Founded
1994

Price Target and Rating

Average Stock Price Forecast
$161.22
High Stock Price Forecast
$230.00
Low Stock Price Forecast
$115.00
Forecasted Upside/Downside
+22.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.96
Research Coverage
49 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.27
Trailing P/E Ratio
103.36
Forward P/E Ratio
58.87
P/E Growth
1.71
Net Income
$-2,722,000,000.00
Net Margins
2.43%
Pretax Margin
2.54%
Return on Equity
9.14%
Return on Assets
3.03%

Debt

Debt-to-Equity Ratio
0.37
Current Ratio
0.95
Quick Ratio
0.70

Sales & Book Value

Annual Sales
$538.05 billion
Price / Sales
2.52
Cash Flow
$4.88 per share
Price / Cash Flow
26.88
Book Value
$14.25 per share
Price / Book
9.21

Miscellaneous

Outstanding Shares
10,317,751,000
Free Float
9,007,397,000
Market Cap
$1.35 trillion
Optionable
Optionable
Beta
1.24

Social Links

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Key Executives

  • Mr. Jeffrey P. BezosMr. Jeffrey P. Bezos (Age 59)
    Founder & Exec. Chairman
    Comp: $1.68M
  • Mr. Andrew R. JassyMr. Andrew R. Jassy (Age 55)
    Pres, CEO & Director
    Comp: $1.3M
  • Mr. Brian T. OlsavskyMr. Brian T. Olsavsky (Age 59)
    Sr. VP & CFO
    Comp: $319.85k
  • Mr. David A. ZapolskyMr. David A. Zapolsky (Age 59)
    Sr. VP of Global Public Policy & Gen. Counsel
    Comp: $319.85k
  • Mr. Douglas J. HerringtonMr. Douglas J. Herrington (Age 56)
    Chief Exec. Officer of Worldwide Amazon Stores
    Comp: $335.44k
  • Mr. Adam N. SelipskyMr. Adam N. Selipsky (Age 56)
    Chief Exec. Officer of Amazon Web Services, Inc.
    Comp: $360.61k
  • Ms. Shelley L. ReynoldsMs. Shelley L. Reynolds (Age 58)
    VP, Worldwide Controller & Principal Accounting Officer
  • Dr. Werner Vogels
    Chief Technology Officer
  • Mr. Dave Fildes
    Director of Investor Relations
  • Ms. Anuradha Aggarwal
    CMO & Director of User Growth

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













AMZN Stock - Frequently Asked Questions

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

49 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last year. There are currently 2 hold ratings and 47 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AMZN shares.
View AMZN analyst ratings or view top-rated stocks.

What is Amazon.com's stock price forecast for 2023?

49 brokerages have issued 1-year target prices for Amazon.com's stock. Their AMZN share price forecasts range from $115.00 to $230.00. On average, they anticipate the company's stock price to reach $161.22 in the next twelve months. This suggests a possible upside of 22.8% 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 2023?

Amazon.com's stock was trading at $84.00 at the start of the year. Since then, AMZN shares have increased by 56.3% and is now trading at $131.27.
View the best growth stocks for 2023 here.

When is Amazon.com's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our AMZN earnings forecast.

How were Amazon.com's earnings last quarter?

Amazon.com, Inc. (NASDAQ:AMZN) posted its earnings results on Thursday, August, 3rd. The e-commerce giant reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.29. The e-commerce giant had revenue of $134.38 billion for the quarter, compared to analysts' expectations of $131.54 billion. Amazon.com had a trailing twelve-month return on equity of 9.14% and a net margin of 2.43%.

What ETFs hold Amazon.com's stock?

ETFs with the largest weight of Amazon.com (NASDAQ:AMZN) stock in their portfolio include ProShares Long Online/Short Stores ETF (CLIX), Consumer Discretionary Select Sector SPDR Fund (XLY), Vanguard Consumer Discretionary ETF (VCR), Fidelity MSCI Consumer Discretionary Index ETF (FDIS), ProShares Online Retail ETF (ONLN), VanEck Retail ETF (RTH), Daily Consumer Discretionary Bull 3X (WANT) and ProShares Ultra Consumer Discretionary (UCC).

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 15.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMZN will have a dividend payout ratio of 6.49% 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's stock split on the morning of Monday, June 6th 2022. The 20-1 split was announced on Wednesday, March 9th 2022. The newly minted shares were issued to shareholders after the market closes 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 issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $138.00 billion-$143.00 billion, compared to the consensus revenue estimate of $138.25 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).

What is Amazon.com's stock symbol?

Amazon.com trades on the NASDAQ under the ticker symbol "AMZN."

Who are Amazon.com's major shareholders?

Amazon.com's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State Street Corp (3.27%), Geode Capital Management LLC (1.66%), Capital Research Global Investors (0.96%), Northern Trust Corp (0.87%), Nuveen Asset Management LLC (0.67%) and Charles Schwab Investment Management Inc. (0.48%). 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, Indra K Nooyi, Jeffrey A Wilke, Jeffrey P Bezos, Jeffrey P Bezos, John G Sznewajs, Jonathan Rubinstein, Judith A Mcgrath 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Amazon.com's stock price today?

One share of AMZN stock can currently be purchased for approximately $131.27.

How much money does Amazon.com make?

Amazon.com (NASDAQ:AMZN) has a market capitalization of $1.35 trillion and generates $538.05 billion in revenue each year. The e-commerce giant earns $-2,722,000,000.00 in net income (profit) each year or $1.27 on an earnings per share basis.

How many employees does Amazon.com have?

The company employs 1,541,000 workers across the globe.

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
How can I contact Amazon.com?

Amazon.com's mailing address is 410 TERRY AVENUE NORTH, SEATTLE WA, 98109. The official website for the company is www.amazon.com. The e-commerce giant can be reached via phone at (206) 266-1000, via email at amazon-ir@amazon.com, or via fax at 302-636-5454.

This page (NASDAQ:AMZN) was last updated on 9/26/2023 by MarketBeat.com Staff

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