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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

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

$179.22
-2.06 (-1.14%)
(As of 04/18/2024 ET)
Today's Range
$178.65
$182.39
50-Day Range
$167.08
$189.05
52-Week Range
$101.15
$189.77
Volume
30.67 million shs
Average Volume
42.82 million shs
Market Capitalization
$1.86 trillion
P/E Ratio
61.80
Dividend Yield
N/A
Price Target
$202.80

Amazon.com MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
13.2% Upside
$202.80 Price Target
Short Interest
Healthy
0.68% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.72mentions of Amazon.com in the last 14 days
Based on 129 Articles This Week
Insider Trading
Selling Shares
$5.51 B Sold Last Quarter
Proj. Earnings Growth
30.39%
From $4.08 to $5.32 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.

4.81 out of 5 stars

Retail/Wholesale Sector

18th out of 198 stocks

Catalog & Mail - Order Houses Industry

1st out of 24 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

Amazon removed Just Walk Out from many of its own stores but wants to sell the system to others
Amazon wants other businesses to know it’s not giving up on its Just Walk Out technology
Costco vs. Walmart: Revenue Comparison of Two Retail Giants (AMZN)
Costco and Walmart are 2 of the world's biggest retailers, but which is the better investment? Read more about these companies in our detailed breakdown.
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
NVIDIA Stock Analysis: Insights and Predictions for Investors (AMZN)
With our comprehensive analysis, you can gain expert insights into Nvidia stock. Explore the latest trends, forecasts, and investment advice.
How major US stock indexes fared Thursday, 4/11/2024
Jumps for Big Tech stocks helped U.S. stock indexes claw back much of their slide from the day before, when worries that interest rates may stay high for a while rocked Wall Street
Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors
Amazon is adding artificial intelligence visionary Andrew Ng to its board of directors
Bargain Alert: Apple Shares Are Starting To Look Undervalued (AMZN)
With shares down 15% from their peak, while the S&P 500 powers on to fresh highs, at what point does this turn into an entry opportunity?
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Two years after its historic win, a divided Amazon Labor Union lurches toward a leadership election
The first labor union for Amazon workers in the United States is divided, running out of money and still does not have a contract two years after clenching a historic victory in New York City
P&G recalls 8.2 million bags of Tide, Gain and other laundry detergents over packaging defect
Procter & Gamble is recalling more than 8 million bags of Tide, Gain, Ace and Ariel laundry detergent packets sold in the U.S. and Canada
5 Stocks in the Current Bull Market with Upside to Come (AMZN)
Explore our top picks for stocks to watch in the thriving bull market, including key strategies for diversification and risk management.
Big Tech Earnings Are Just Around the Corner
7 Growth Stocks to Buy Now: Q2 Edition
3 Cloud Computing Stocks to Buy Now: Q2 Edition
Better AI Stock: Nvidia vs. Amazon
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/30/2024
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
$202.80
High Stock Price Target
$235.00
Low Stock Price Target
$140.00
Potential Upside/Downside
+13.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
45 Analysts

Profitability

Net Income
$30.43 billion
Pretax Margin
6.53%

Debt

Sales & Book Value

Annual Sales
$574.79 billion
Cash Flow
$7.39 per share
Book Value
$19.43 per share

Miscellaneous

Outstanding Shares
10,402,740,000
Free Float
9,123,206,000
Market Cap
$1.87 trillion
Optionable
Optionable
Beta
1.16

Social Links

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Should I Buy Amazon.com Stock? AMZN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Amazon:

  • Amazon's continuous innovation and development of new products like the latest Echo devices and Ring security systems provide growth opportunities.
  • Strong financial performance with consistent revenue growth and profitability, making it a stable investment choice.
  • Amazon's dominant position in e-commerce and cloud services through Amazon Web Services (AWS) ensures long-term competitive advantage.
  • Positive analyst ratings and price targets indicate confidence in Amazon's future performance and stock price potential.
  • Amazon's stock price has shown resilience and growth even during market fluctuations, offering a potential hedge against volatility.

Cons

Investors should be bearish about investing in Amazon for these reasons:

  • Increased regulatory scrutiny and antitrust concerns may lead to potential legal challenges and restrictions on Amazon's business practices.
  • Competition in the e-commerce and cloud services sectors is intensifying, which could impact Amazon's market share and profitability.
  • Amazon's high valuation compared to earnings may pose a risk of a market correction affecting the stock price negatively.
  • Dependency on international markets exposes Amazon to currency exchange rate fluctuations and geopolitical risks.
  • Potential supply chain disruptions or operational challenges could impact Amazon's ability to meet customer demand and affect financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Amazon.com pros and cons to contact@marketbeat.com.

AMZN Stock Analysis - Frequently Asked Questions

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

45 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, 43 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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?

45 Wall Street analysts have issued 1 year price objectives for Amazon.com's shares. Their AMZN share price targets range from $140.00 to $235.00. On average, they expect the company's share price to reach $202.80 in the next twelve months. This suggests a possible upside of 13.2% 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 stock has increased by 18.0% and is now trading at $179.22.
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 Tuesday, April 30th 2024.
View our AMZN earnings forecast
.

How can I listen to Amazon.com's earnings call?

Amazon.com will be holding an earnings conference call on Tuesday, April 30th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Amazon.com's earnings last quarter?

Amazon.com, Inc. (NASDAQ:AMZN) announced its quarterly earnings results on Thursday, February, 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating the consensus estimate of $0.81 by $0.19. The e-commerce giant had revenue of $169.96 billion for 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% on a year-over-year basis. During the same period in the prior year, the firm posted $0.21 earnings per share.
Read the conference call transcript
.

When did Amazon.com's stock split?

Amazon.com's stock split on Monday, June 6th 2022. The 20-1 split was announced on Wednesday, March 9th 2022. The newly created shares were issued 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 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 many different retail and institutional investors. Top institutional shareholders include Global Assets Advisory LLC (0.06%), Los Angeles Capital Management LLC (0.06%), Sarasin & Partners LLP (0.04%), WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST (0.04%), AMF Tjanstepension AB (0.02%) and Gateway Investment Advisers LLC (0.02%). 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.
Read More
This page (NASDAQ:AMZN) was last updated on 4/18/2024 by MarketBeat.com Staff

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