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

50 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last year. There are currently 2 hold ratings and 48 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AMZN shares.
View AMZN analyst ratings or view top-rated stocks.

50 Wall Street research analysts have issued 12-month price targets for Amazon.com's stock. Their AMZN share price forecasts range from $115.00 to $230.00. On average, they predict the company's share price to reach $161.30 in the next twelve months. This suggests a possible upside of 26.9% from the stock's current price.
View analysts price targets for AMZN or view top-rated stocks among Wall Street analysts.

Amazon.com's stock was trading at $84.00 at the beginning of the year. Since then, AMZN stock has increased by 51.3% and is now trading at $127.12.
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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 daily volume of 53,240,000 shares, the days-to-cover ratio is currently 1.5 days.
View Amazon.com's Short Interest.

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

Amazon.com, Inc. (NASDAQ:AMZN) issued its quarterly earnings data on Thursday, August, 3rd. The e-commerce giant reported $0.63 EPS for the quarter, topping 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 net margin of 2.43% and a trailing twelve-month return on equity of 9.14%.

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).

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.

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.

Amazon.com updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (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.

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.

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).

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

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.
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One share of AMZN stock can currently be purchased for approximately $127.12.

Amazon.com (NASDAQ:AMZN) has a market capitalization of $1.31 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.

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

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.