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

43 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last year. There are currently 1 hold rating and 42 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

43 equities research analysts have issued 1-year price targets for Amazon.com's shares. Their AMZN share price targets range from $116.00 to $230.00. On average, they expect the company's stock price to reach $169.88 in the next year. This suggests a possible upside of 15.2% 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 on January 1st, 2023. Since then, AMZN stock has increased by 75.5% and is now trading at $147.42. View the best growth stocks for 2023 here .

Are investors shorting Amazon.com?

Amazon.com saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 86,560,000 shares, an increase of 15.2% from the October 31st total of 75,160,000 shares. Based on an average daily volume of 52,810,000 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, February 1st 2024. View our AMZN earnings forecast .

How were Amazon.com's earnings last quarter?

Amazon.com, Inc. (NASDAQ:AMZN) announced its quarterly earnings results on Thursday, October, 26th. The e-commerce giant reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.27. The e-commerce giant had revenue of $143.08 billion for the quarter, compared to the consensus estimate of $141.53 billion. Amazon.com had a trailing twelve-month return on equity of 12.75% and a net margin of 3.62%.

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 10.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMZN will have a dividend payout ratio of 5.67% next year. This indicates that the company will be able to sustain or increase its dividend.

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) .

When did Amazon.com's stock split?

Amazon.com's stock split on Monday, June 6th 2022. The 20-1 split was announced on Wednesday, March 9th 2022. The newly created 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 updated its fourth quarter 2023 earnings guidance on Thursday, October, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $160.00 billion-$167.00 billion, compared to the consensus revenue estimate of $157.16 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 variety of institutional and retail investors. Top institutional investors include FMR LLC (2.92%), Morgan Stanley (1.45%), Northern Trust Corp (0.89%), Wellington Management Group LLP (0.83%), Jennison Associates LLC (0.53%) and Legal & General Group Plc (0.52%). 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 , 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 .

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

Followed 225 TimesTop Followed Top-Rated StocksTop-Rated Searched 514 TimesTop Searched

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

$147.42

+0.54 (+0.37%)

(As of 12/8/2023 08:56 PM ET)

Compare

Today's Range: $145.40
▼
$147.84
50-Day Range: $119.57
▼
$147.73
52-Week Range: $81.43
▼
$149.26

Volume: 41.91 million shs
Average Volume: 59.54 million shs
Market Capitalization: $1.52 trillion

P/E Ratio: 76.38
Dividend Yield: N/A
Price Target: $169.88

Amazon.com MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.98 Rating Score
Upside/Downside: 15.2% Upside
$169.88 Price Target
Short Interest: Healthy
0.84% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.25
Upright™ Environmental Score
News Sentiment: 0.57
Based on 76 Articles This Week
Insider Trading: Selling Shares
$16.11 M Sold Last Quarter
Proj. Earnings Growth: 35.25%
From $2.61 to $3.53 Per Share

Overall MarketRank^™

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

2.81 out of 5 stars

Retail/Wholesale Sector

15th out of 187 stocks

Catalog & Mail - Order Houses Industry

3rd out of 25 stocks

3.5

Analyst's Opinion

Consensus Rating
Amazon.com has received a consensus rating of Moderate Buy. The company's average rating score is 2.98, and is based on 42 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $169.88, Amazon.com has a forecasted upside of 15.2% from its current price of $147.42.
Amount of Analyst Coverage
Amazon.com has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
0.84% of the outstanding shares of Amazon.com have been sold short.
Short Interest Ratio / Days to Cover
Amazon.com has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Amazon.com has recently increased by 15.17%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Amazon.com does not currently pay a dividend.
Dividend Growth
Amazon.com does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Amazon.com is 10.36%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Amazon.com will have a dividend payout ratio of 5.67% next year. This indicates that Amazon.com will be able to sustain or increase its dividend.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Amazon.com has received a 26.69% net impact score from Upright. Amazon seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Business to consumer music streaming platforms", "Audiobook streaming services", "E-readers", "Writing of books", "Online retail of books", and "Movie streaming services" products. See details.
Environmental Sustainability
The Environmental Impact score for Amazon.com is -1.25.

2.5

News and Social Media Coverage

News Sentiment
Amazon.com has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 76 news articles for Amazon.com this week, compared to 67 articles on an average week.
Search Interest
Only 507 people have searched for AMZN on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.
MarketBeat Follows
222 people have added Amazon.com to their MarketBeat watchlist in the last 30 days. This is an increase of 47% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Amazon.com insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,107,979.00 in company stock.
Percentage Held by Insiders
12.30% of the stock of Amazon.com is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
57.96% of the stock of Amazon.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Amazon.com are expected to grow by 35.25% in the coming year, from $2.61 to $3.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Amazon.com is 76.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Amazon.com is 76.38, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.47.
Price to Earnings Growth Ratio
Amazon.com has a PEG Ratio of 1.98. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Amazon.com has a P/B Ratio of 10.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

AMZN Stock News Headlines

December 8, 2023 | marketbeat.com

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Attorneys for Amazon have asked a federal judge to dismiss the Federal Trade Commission’s antitrust lawsuit against the e-commerce giant

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Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

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