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Will the Energy Sector Continue to Outshine the Market?
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Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
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MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Followed 312 TimesTop FollowedTop-Rated StocksTop-RatedMost-Upgraded StocksMost-Upgraded
NASDAQ:AMZN

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

$127.12
+1.14 (+0.90%)
(As of 09/29/2023 ET)
Compare
Today's Range
$126.32
▼
$129.15
50-Day Range
$125.98
▼
$144.85
52-Week Range
$81.43
▼
$145.86
Volume
62.41 million shs
Average Volume
52.91 million shs
Market Capitalization
$1.31 trillion
P/E Ratio
100.10
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
Weak
Based on Four Factors
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.39mentions of Amazon.com in the last 14 days
Based on 118 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.

3.10 out of 5 stars

Retail/Wholesale Sector

16th out of 216 stocks

Catalog & Mail - Order Houses Industry

1st out of 14 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 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.
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 30, 2023 | Chaikin Analytics (Ad)
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.
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.
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 30, 2023 | Chaikin Analytics (Ad)
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
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
September 26, 2023 | marketbeat.com
Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers
The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition
September 30, 2023 | finance.yahoo.com
An Intrinsic Calculation For Amazon.com, Inc. (NASDAQ:AMZN) Suggests It's 21% Undervalued
September 30, 2023 | finance.yahoo.com
The FTC Sued Amazon. Should You Sell Amazon Stock Now?
September 30, 2023 | americanbankingnews.com
Amazon.com (NASDAQ:AMZN) Rating Reiterated by Needham & Company LLC
September 29, 2023 | investorplace.com
Amazon Invests Billions in AI – and Could Become a Major Play in the AI Race
September 29, 2023 | finance.yahoo.com
Alphabet and Meta Platforms Better Watch Out for Amazon
September 29, 2023 | finance.yahoo.com
US labor board says Amazon breached terms of 2021 labor rights settlement
September 29, 2023 | reuters.com
FTC's Amazon antitrust lawsuit: Five takeaways
September 29, 2023 | theglobeandmail.com
Is Amazon Stock Safe? 3 Things Investors Should Know Now After FTC Files Lawsuit
September 28, 2023 | msn.com
Amazon Web Services Now Offers Generative AI Tools For Businesses, Catches Up With Microsoft Azure, Google Cloud
September 28, 2023 | msn.com
News-heavy Amazon closes at the same exact price three days in a row
September 28, 2023 | msn.com
Amazon faces landmark monopoly lawsuit by FTC
September 28, 2023 | bizjournals.com
In reversal, Amazon begins monitoring badge-swipe data of individual employees
September 28, 2023 | msn.com
Amazon’s stock sports ‘compelling’ opportunity after pullback, says analyst
September 28, 2023 | stocknews.com
Meta Platforms Inc. (META) vs. Amazon.com (AMZN): Which Is the Superior Internet Stock?
September 28, 2023 | latimes.com
Column: Yes, Amazon is a near-monopoly. Dismantling it will be harder than you think
See More Headlines
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AMZN Company Calendar

Last Earnings
8/03/2023
Today
9/30/2023
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
+26.9%
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
100.10
Forward P/E Ratio
57.00
P/E Growth
1.67
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
2.44
Cash Flow
$4.85 per share
Price / Cash Flow
26.22
Book Value
$14.25 per share
Price / Book
8.92

Miscellaneous

Outstanding Shares
10,317,751,000
Free Float
9,048,668,000
Market Cap
$1.31 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?

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.

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

50 analysts have issued 1 year price objectives for Amazon.com's shares. Their AMZN share price forecasts range from $115.00 to $230.00. On average, they predict the company's stock price to reach $161.30 in the next year. 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.

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 stock has increased by 51.3% and is now trading at $127.12.
View the best growth stocks for 2023 here.

Are investors shorting Amazon.com?

Amazon.com saw a increase in short interest in 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 trading volume, of 53,240,000 shares, the days-to-cover ratio is currently 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) posted its quarterly earnings results on Thursday, August, 3rd. The e-commerce giant reported $0.63 EPS for the quarter, topping the consensus estimate of $0.34 by $0.29. The e-commerce giant earned $134.38 billion during 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 shares split on Monday, June 6th 2022. The 20-1 split was announced on Wednesday, March 9th 2022. The newly minted shares were distributed 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 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.

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."

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 $127.12.

How much money does Amazon.com make?

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.

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 9/30/2023 by MarketBeat.com Staff

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