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NVDA   436.58 (-2.51%)
NIO   8.68 (-1.25%)
BABA   84.50 (-2.35%)
AMD   100.04 (-3.13%)
T   14.70 (+0.20%)
F   12.04 (-2.19%)
MU   68.05 (+0.13%)
CGC   0.69 (-5.90%)
GE   107.68 (-1.02%)
DIS   79.76 (-2.34%)
AMC   8.06 (-1.10%)
PFE   33.99 (+0.15%)
PYPL   57.52 (-1.78%)
NFLX   375.76 (-1.20%)
Followed 307 TimesTop FollowedTop-Rated StocksTop-RatedMost-Upgraded StocksMost-Upgraded
NASDAQ:AMZN

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

$124.92
-4.54 (-3.51%)
(As of 01:46 PM ET)
Compare
Today's Range
$124.77
▼
$128.52
50-Day Range
$125.98
▼
$144.85
52-Week Range
$81.43
▼
$145.86
Volume
31.27 million shs
Average Volume
61.42 million shs
Market Capitalization
$1.29 trillion
P/E Ratio
98.36
Dividend Yield
N/A
Price Target
$161.30
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Amazon.com MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.96 Rating Score
Upside/​Downside
26.9% Upside
$161.30 Price Target
Short Interest
Healthy
0.78% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.36mentions of Amazon.com in the last 14 days
Based on 95 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.

2.93 out of 5 stars

Retail/Wholesale Sector

55th out of 214 stocks

Catalog & Mail-Order Houses Industry

3rd out of 23 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

October 3, 2023 | marketbeat.com
MarketBeat Stock of the Week, Amazon Goes Big on AI
The upcoming Prime Day may be top of mind for Amazon.com consumers — but for Amazon investors, it’s all about artificial intelligence (AI).
September 29, 2023 | marketbeat.com
5 Stocks That Have Massive Upside According to Analysts (AMZN)
Analyst ratings are frequently a solid predictor of future stock price movement; here are five stocks that analysts believe have massive upside.
October 3, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
September 29, 2023 | marketbeat.com
5 Stocks That Have Massive Upside According to Analysts
Analyst ratings are frequently a solid predictor of future stock price movement; here are five stocks that analysts believe have massive upside.
September 29, 2023 | marketbeat.com
The Next Stage Of Google’s Rally Just Started (AMZN)
With last week’s dip continuing to be reversed, it’s starting to look like the next stage of the rally has already started
September 29, 2023 | marketbeat.com
PayPal Keeps Getting Cheaper; Should You Load Up? (AMZN)
Signs of slowing growth have been hurting shares, but for readers with long-term investment horizons this could also be a golden buying opportunity.
September 29, 2023 | marketbeat.com
Is the Grinch Stealing This Year's Holiday Season Jobs? (AMZN)
Amid rising labor costs and interest rates, as well as a possible Q4 economic slowdown, retailers and logistics companies are using caution in seasonal hiring.
September 29, 2023 | marketbeat.com
What's Really Behind The FTC's Lawsuit Targeting of Amazon?
Regulators have sued Amazon, alleging price suppression that harms consumers. It's not clear that the company will be broken up as a result of the suit.
October 3, 2023 | Behind the Markets (Ad)
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
September 27, 2023 | marketbeat.com
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue (AMZN)
There has been a litany of CEO removals in the past year. Some of the headliners include the removal of The Walt Disney Co. (NYSE: DIS) CEO Bob Chapek in No
September 27, 2023 | marketbeat.com
Big Tech Titans Feel the Chill as AI Stocks Slide (AMZN)
Tech stocks, driven by AI enthusiasm, face a slump as investors demand AI-generated revenue, not just promises. Rising interest rates are adding to tech's woes.
September 26, 2023 | marketbeat.com
Brazil’s Amazon rainforest faces a severe drought that may affect around 500,000 people
Officials say the Amazon rainforest in Brazil is facing a severe drought that may affect around 500,000 people by the end of the year
October 3, 2023 | benzinga.com
Thinking about trading options or stock in AerCap Holdings, Amazon.com, Sphere Entertainment, Coinbase Global, or Rivian Automotive?
October 3, 2023 | finance.yahoo.com
3 Top Artificial Intelligence (AI) Stocks to Buy in October
October 3, 2023 | finance.yahoo.com
Amazon (AMZN) AWS' Clientele Expands With Telkomsel Deal
October 3, 2023 | finance.yahoo.com
Amazon Stock Is Under Pressure. Why Two Analysts Think You Should Be a Buyer.
October 3, 2023 | finance.yahoo.com
With Amazon Prime Day deals on fire, this tablet device is selling at a ridiculously low price
October 3, 2023 | finance.yahoo.com
UK regulator to push for probe into Amazon, Microsoft cloud dominance
October 3, 2023 | finance.yahoo.com
Jeff Bezos targets Friday satellite launch in move against Elon Musk
October 3, 2023 | finance.yahoo.com
When Is Amazon Prime Day?
October 3, 2023 | finance.yahoo.com
Amazon Gets Sued by the FTC. Here's What I'm Doing With My Shares.
October 3, 2023 | americanbankingnews.com
Amazon.com (NASDAQ:AMZN) Receives Overweight Rating from Morgan Stanley
October 3, 2023 | msn.com
Amazon.com Poised for 'Substantial' Revenue Gains From Ads Inclusion in Prime Video, UBS Says
October 2, 2023 | msn.com
Amazon sends a warning customers need to know about
October 2, 2023 | msn.com
Google, Amazon well-positioned to capture massive AI market, Morgan Stanley says
October 2, 2023 | proactiveinvestors.com
Amazon Prime Video ads bolster its margin case: analysts
October 2, 2023 | finance.yahoo.com
Why Amazon Could Have An Advertising Edge Among Streamers
See More Headlines
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AMZN Company Calendar

Last Earnings
8/03/2023
Today
10/03/2023
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
$161.30
High Stock Price Forecast
$230.00
Low Stock Price Forecast
$115.00
Forecasted Upside/Downside
+28.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.96
Research Coverage
50 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.27
Trailing P/E Ratio
98.90
Forward P/E Ratio
56.32
P/E Growth
1.68
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
$513.98 billion
Price / Sales
2.52
Cash Flow
$4.75 per share
Price / Cash Flow
26.46
Book Value
$14.25 per share
Price / Book
8.81

Miscellaneous

Outstanding Shares
10,317,750,000
Free Float
9,007,397,000
Market Cap
$1.30 trillion
Optionable
Optionable
Beta
1.24

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover
13 Stocks Institutional Investors Won't Stop Buying

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

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?

50 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last twelve months. There are currently 2 hold ratings and 48 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 forecast for 2023?

50 analysts have issued twelve-month target prices for Amazon.com's stock. Their AMZN share price forecasts range from $115.00 to $230.00. On average, they expect the company's share price to reach $161.30 in the next twelve months. This suggests a possible upside of 28.4% 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 beginning of 2023. Since then, AMZN stock has increased by 49.5% and is now trading at $125.60.
View the best growth stocks for 2023 here.

Are investors shorting Amazon.com?

Amazon.com saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 80,250,000 shares, an increase of 9.4% from the August 31st total of 73,380,000 shares. Based on an average trading volume of 53,240,000 shares, the days-to-cover ratio is presently 1.5 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, October 26th 2023.
View our AMZN earnings forecast.

How were Amazon.com's earnings last quarter?

Amazon.com, Inc. (NASDAQ:AMZN) issued its earnings results on Thursday, August, 3rd. The e-commerce giant reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.29. The e-commerce giant earned $134.38 billion during the quarter, compared to analyst estimates 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).

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 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 issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share 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 many different institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.00%). 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 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 $125.60.

How much money does Amazon.com make?

Amazon.com (NASDAQ:AMZN) has a market capitalization of $1.30 trillion and generates $513.98 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 10/3/2023 by MarketBeat.com Staff

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