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New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Followed 206 TimesTop FollowedTop-Rated StocksTop-RatedSearched 579 TimesTop Searched

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

$147.03
+0.94 (+0.64%)
(As of 12/1/2023 ET)
Compare
Today's Range
$145.55
▼
$147.25
50-Day Range
$119.57
▼
$147.73
52-Week Range
$81.43
▼
$149.26
Volume
39.95 million shs
Average Volume
45.62 million shs
Market Capitalization
$1.52 trillion
P/E Ratio
76.18
Dividend Yield
N/A
Price Target
$169.88
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Amazon.com MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.98 Rating Score
Upside/​Downside
15.5% Upside
$169.88 Price Target
Short Interest
Healthy
0.84% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.70mentions of Amazon.com in the last 14 days
Based on 118 Articles This Week
Insider Trading
Selling Shares
$16.03 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.

2.77 out of 5 stars

Retail/Wholesale Sector

18th out of 195 stocks

Catalog & Mail - Order Houses Industry

1st out of 17 stocks

See Top Rated MarketRank™ Stocks Here

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

December 1, 2023 | marketbeat.com
Behind the tech boom: Big price leaders selectively laying off (AMZN)
Microsoft, Amazon and Alphabet are strategically laying off workers, responding to higher interest rates and refocusing on transformative AI technologies.
November 30, 2023 | marketbeat.com
Is Beyond an overlooked e-commerce winner? (AMZN)
Beyond is operating under a familiar name and a different business model. It remains to be seen if these translate to better financial performance
December 3, 2023 | DTI Trader (Ad)
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November 29, 2023 | marketbeat.com
MercadoLibre up 28% as Latin American ecommerce poised for growth (AMZN)
MercadoLibre surged 28% in November, hitting its best levels since 2021. Wall Street sees robust EPS growth, as Latin American e-commerce is poised to increase.
November 29, 2023 | marketbeat.com
These are the top sectors for blue chip growth in 2024 (AMZN)
The sector results will be mixed in 2024 but the Health Care, Communications and Technology sectors (and some of their stocks) will post robust gains.
November 29, 2023 | marketbeat.com
The JD.com train is getting ready to leave the station again (AMZN)
JD.com Inc. (NASDAQ: JD) is often cited as the Amazon.com Inc. (NASDAQ: AMZN) of China. This comparison applies due to its sheer massive scale,
November 28, 2023 | marketbeat.com
Amazon launches Q, a business chatbot powered by generative artificial intelligence
Amazon finally has its answer to ChatGPT
November 28, 2023 | marketbeat.com
iRobot Battles Regulatory Seas and Amazon's Bid (AMZN)
iRobot, a leader in consumer robotics, faces stock volatility, regulatory hurdles, Amazon's acquisition bid, rising costs and controversies.
December 3, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
November 28, 2023 | marketbeat.com
5 stocks for the Christmas wishlist: Hoping for a pullback (AMZN)
The analysts are pushing these stocks higher and new highs are in sight; a dip may not come or come soon but investors should be ready for when and if it does.
November 28, 2023 | marketbeat.com
Get ready for Christmas shopping-sprees with these 2 winners (AMZN)
Get yourself in position to profit before Christmas time rolls around, analysts certify the upside there is to be had in these winning stocks
November 28, 2023 | marketbeat.com
This tech giant's end-of-year rally has just begun (AMZN)
As we round the corner into the final weeks of trading in 2023, there's every reason to think the current push will expand into 2024
December 3, 2023 | americanbankingnews.com
Oppenheimer Increases Amazon.com (NASDAQ:AMZN) Price Target to $200.00
December 2, 2023 | finance.yahoo.com
Amazon will now pay Elon Musk’s SpaceX to get its Project Kuiper satellites into space—and compete against his Starlink service
December 2, 2023 | fortune.com
Amazon will now pay Elon Musk’s SpaceX to get its Project Kuiper satellites into space—and compete against his Starlink service 
December 2, 2023 | benzinga.com
Amazon Taps SpaceX For Satellite Launch Despite Jeff Bezos' Rocket Company: Elon Musk Says It Will Be 'Fair And Square'
December 1, 2023 | marketwatch.com
Amazon hires Musk’s SpaceX for 3 rocket launches
December 1, 2023 | bizjournals.com
Amazon loans Howard University $31M for Howard Manor acquisition, renovation
December 1, 2023 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These NA Stocks: Tesla (TSLA) and Amazon (AMZN)
December 1, 2023 | msn.com
Amazon-Backed Electric Plane Maker Beta Technologies to Expand in New York
December 1, 2023 | finance.yahoo.com
Amazon to Hire Rival SpaceX to Launch Internet Satellites
December 1, 2023 | cnbc.com
Amazon buys SpaceX rocket launches for Kuiper satellite internet project
December 1, 2023 | msn.com
Zara's Founder Snaps Up Amazon's Dublin Center In Multi-Million Deal In A Bold Real Estate Play
December 1, 2023 | proactiveinvestors.com
Amazon expands generative AI suite, Nvidia tie-up
December 1, 2023 | finance.yahoo.com
Amazon Bull Gets More Optimistic on the Stock After Cyber Week Shopping Numbers
December 1, 2023 | ca.finance.yahoo.com
Once-gloomy US retailers now signaling more holiday cheer after solid start to season
December 1, 2023 | finance.yahoo.com
RPT-WRAPUP 1-Once-gloomy US retailers now signaling more holiday cheer after solid start to season
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Today
12/03/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/01/2024
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 Target
$169.88
High Stock Price Target
$230.00
Low Stock Price Target
$116.00
Potential Upside/Downside
+15.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.98
Research Coverage
43 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.93
Trailing P/E Ratio
76.18
Forward P/E Ratio
56.55
P/E Growth
1.97
Net Income
$-2,722,000,000.00
Net Margins
3.62%
Pretax Margin
4.14%
Return on Equity
12.75%
Return on Assets
4.40%

Debt

Debt-to-Equity Ratio
0.33
Current Ratio
0.98
Quick Ratio
0.74

Sales & Book Value

Annual Sales
$513.98 billion
Price / Sales
2.96
Cash Flow
$4.83 per share
Price / Cash Flow
30.41
Book Value
$17.71 per share
Price / Book
8.30

Miscellaneous

Outstanding Shares
10,334,030,000
Free Float
9,062,945,000
Market Cap
$1.52 trillion
Optionable
Optionable
Beta
1.17

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AMZN Stock Analysis - Frequently Asked Questions

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

43 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last twelve months. There are currently 1 hold rating and 42 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 target for 2024?

43 Wall Street research analysts have issued 12 month price targets for Amazon.com's stock. 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 15.5% 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 2023?

Amazon.com's stock was trading at $84.00 at the beginning of 2023. Since then, AMZN stock has increased by 75.0% and is now trading at $147.03.
View the best growth stocks for 2023 here.

Are investors shorting Amazon.com?

Amazon.com saw a increase in short interest in 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 short-interest ratio is currently 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) issued its earnings results on Thursday, October, 26th. The e-commerce giant reported $0.85 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.27. The e-commerce giant earned $143.08 billion during the quarter, compared to analysts' expectations of $141.53 billion. Amazon.com had a trailing twelve-month return on equity of 12.75% and a net margin of 3.62%.

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 shares 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 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 updated its fourth quarter 2023 earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) 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 many different 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
This page (NASDAQ:AMZN) was last updated on 12/3/2023 by MarketBeat.com Staff

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