S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
AI Stock Caught Trading Under Secret Name (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
AI Stock Caught Trading Under Secret Name (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
AI Stock Caught Trading Under Secret Name (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
AI Stock Caught Trading Under Secret Name (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities

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

$177.58
-0.64 (-0.36%)
(As of 03/4/2024 ET)
Today's Range
$177.49
$180.14
50-Day Range
$144.57
$178.22
52-Week Range
$88.12
$180.14
Volume
37.35 million shs
Average Volume
48.10 million shs
Market Capitalization
$1.84 trillion
P/E Ratio
61.23
Dividend Yield
N/A
Price Target
$197.95

Amazon.com MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.5% Upside
$197.95 Price Target
Short Interest
Healthy
0.65% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.73mentions of Amazon.com in the last 14 days
Based on 95 Articles This Week
Insider Trading
Selling Shares
$5.50 B Sold Last Quarter
Proj. Earnings Growth
30.54%
From $4.06 to $5.30 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.

4.96 out of 5 stars

Retail/Wholesale Sector

3rd out of 207 stocks

Catalog & Mail - Order Houses Industry

1st out of 28 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

5 Ways Ralph Lauren Stock is Dressed for Success (AMZN)
Ralph Lauren stock rallied post-third-quarter earnings, consistent with a broader trend in apparel stocks, which are thriving amid favorable market dynamics.
Some doorbell cameras sold on Amazon and other online sites have major security flaws, report says
Consumer Reports says some doorbell cameras sold by Amazon and other online retailers have security flaws that could allow bad actors to view footage from the devices or control them completely
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Major Amazon merchant aggregator Thrasio files for bankruptcy as it looks to cut debt
A major third-party seller on Amazon has filed for Chapter 11 bankruptcy protection
Amazon Stock: Why it's Finally Included in the Dow Index
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Amazon Stock: Why it's Finally Included in the Dow Index
Amazon replaced Walgreens in the Dow. While a positive move for Amazon, any impact on the stock's price may be limited due to low index weighting.
Thinking long-term? Don't lose interest in Pinterest (AMZN)
Social media Pinterest Inc. (NYSE: PINS) stock suffered a 12% sell-off on its Q4 2023 earnings report. Learn more about Pinterest on MarketBeat.
4 stocks benefitting from NVIDIA's explosive growth (AMZN)
Nvidia's success reverberates far beyond its corporate borders, with several other stocks finding themselves in the slipstream of Nvidia's meteoric rise
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
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.
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.
Amazon Continues Looking Forward (Rating Downgrade)
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
3/04/2024
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
+11.5%
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
$7.52 per share
Book Value
$19.43 per share

Miscellaneous

Outstanding Shares
10,387,381,000
Free Float
9,068,184,000
Market Cap
$1.84 trillion
Optionable
Optionable
Beta
1.17

Social Links

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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 year. 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 analysts have issued 12 month price objectives for Amazon.com's stock. Their AMZN share price targets range from $116.00 to $230.00. On average, they predict the company's share price to reach $197.95 in the next twelve months. This suggests a possible upside of 11.5% 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 start of the year. Since then, AMZN shares have increased by 16.9% and is now trading at $177.58.
View the best growth stocks for 2024 here
.

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) posted its quarterly earnings data on Thursday, February, 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, topping 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%. Amazon.com's revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.21 EPS.
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 3.77% 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 issued shares were payable 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 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 shareholders 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.
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This page (NASDAQ:AMZN) was last updated on 3/5/2024 by MarketBeat.com Staff