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PYPL   58.47 (+3.69%)
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AAPL   190.06 (+0.14%)
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AMZN   146.93 (-0.54%)
TSLA   245.83 (+4.13%)
NVDA   477.11 (-1.10%)
NIO   7.22 (+0.42%)
BABA   76.41 (-1.44%)
AMD   121.80 (-0.69%)
T   16.13 (-0.49%)
F   10.37 (+0.29%)
MU   75.39 (-2.74%)
CGC   0.53 (-2.80%)
GE   118.92 (-0.88%)
DIS   92.72 (-2.57%)
AMC   6.65 (-2.21%)
PFE   29.66 (-1.59%)
PYPL   58.47 (+3.69%)
XOM   104.29 (+0.32%)

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

$146.93
-0.80 (-0.54%)
(As of 02:58 PM ET)
Compare
Today's Range
$145.53
▼
$147.60
50-Day Range
$119.57
▼
$147.73
52-Week Range
$81.43
▼
$149.26
Volume
29.47 million shs
Average Volume
59.92 million shs
Market Capitalization
$1.52 trillion
P/E Ratio
76.13
Dividend Yield
N/A
Price Target
$168.93
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Amazon.com MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.98 Rating Score
Upside/​Downside
14.6% Upside
$168.93 Price Target
Short Interest
Healthy
0.73% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.71mentions of Amazon.com in the last 14 days
Based on 100 Articles This Week
Insider Trading
Selling Shares
$16.59 M Sold Last Quarter
Proj. Earnings Growth
35.38%
From $2.60 to $3.52 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Retail/Wholesale Sector

14th out of 203 stocks

Catalog & Mail-Order Houses Industry

2nd 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

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.
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 | RYSE INC. (Ad)
Secure your stake in the Smart Home industry.
Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.
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
November 27, 2023 | marketbeat.com
2 Deadly Dividends to Sell “on the Rip” (and 2 Proven Payouts to Buy Now)
November 27, 2023 | marketbeat.com
Is Microsoft the NVIDIA Killer?  (AMZN)
Microsoft announced proprietary microchips for AI and cloud services that may threaten NVIDIA over time; NVIDIA will remain the leader but may lose share.
November 27, 2023 | marketbeat.com
Investors could clean up with Bath & Body Works stock at $30 (AMZN)
A solid third quarter earnings report and ‘fresher’ outlook have Bath & Body Works, Inc. smelling like an intriguing bounce back candidate for 2024.
November 28, 2023 | RYSE INC. (Ad)
Secure your stake in the Smart Home industry.
Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.
November 27, 2023 | marketbeat.com
At these prices, the only way these stocks can move is up (AMZN)
These stocks have no reason to be this cheap, but you shouldn't waste your time finding out why this is so, when you can follow this logic instead
November 26, 2023 | marketbeat.com
Why These 8%+ Yielding Funds Crush Low-Fee Index Funds (Every Time)
November 24, 2023 | marketbeat.com
Feel like buying the dip on Best Buy? Your gut may be right (AMZN)
Best Buy stock is doing the best it can to hold up, but the true momentum is going to come from these insiders buying as management turns things around.
November 28, 2023 | benzinga.com
Amazon's AWS Pushes AI Boundaries With New Chips And Nvidia Partnership
November 28, 2023 | benzinga.com
Beyond Amazon: Jeff Bezos' $500M Superyacht, $65M Jet And The $42M Timepiece For Millennia Built In The West Texas Mountains
November 28, 2023 | markets.businessinsider.com
Amazon Says Customers Saved Nearly 70% More During 11 Days Of Deals
November 28, 2023 | msn.com
Amazon announces new cloud AI chip as Microsoft rivalry intensifies
November 28, 2023 | techcrunch.com
Amazon unveils new chips for training and running AI models
November 28, 2023 | finance.yahoo.com
UPDATE 1-Amazon announces new cloud AI chip as Microsoft rivalry intensifies
November 28, 2023 | finance.yahoo.com
AWS and NVIDIA Announce Strategic Collaboration to Offer New Supercomputing Infrastructure, Software, and Services for Generative AI
November 28, 2023 | finance.yahoo.com
Amazon Connect Introduces Generative AI Capabilities to Help Organizations Boost Worker Productivity, Save Costs, and Improve Customer Service Experiences
November 28, 2023 | cnbc.com
Amazon announces new AI chip as it deepens Nvidia relationship
November 28, 2023 | fortune.com
Jeff Bezos moved from Seattle to Miami—and he could take some of Amazon with him
November 28, 2023 | seekingalpha.com
Amazon Stock: Momentum Is Building
November 28, 2023 | msn.com
Revolutionizing Access Management: Amazon Launches Palm-Scanning Tech For Business Security
November 28, 2023 | msn.com
Amazon Stock (NASDAQ:AMZN): The Ultimate Holiday Season Winner
November 28, 2023 | finance.yahoo.com
Amazon's Stock Has Already Made Multiple Millionaires. Could It Do It Again?
November 28, 2023 | cnbc.com
Amazon wants businesses to use its palm-scanning tech to let employees into the office
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Today
11/28/2023
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
$168.93
High Stock Price Target
$230.00
Low Stock Price Target
$116.00
Potential Upside/Downside
+15.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.98
Research Coverage
44 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.93
Trailing P/E Ratio
76.09
Forward P/E Ratio
56.48
P/E Growth
1.98
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
2.95
Cash Flow
$4.81 per share
Price / Cash Flow
30.54
Book Value
$14.25 per share
Price / Book
10.31

Miscellaneous

Outstanding Shares
10,334,030,000
Free Float
9,021,609,000
Market Cap
$1.52 trillion
Optionable
Optionable
Beta
1.17

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Amazon.com was last updated on Tuesday, November 14, 2023 at 3:58 PM.

Pros

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

  • Amazon's full-throttle approach to integrating AI into its technology is well-founded. AI is already profoundly impacting various industries, including retail, healthcare, advertising, and agriculture. With the increasing adoption of AI, businesses and organizations are expected to spend significantly on AI, which could potentially drive Amazon's growth.
  • Amazon is the dominant player in the online shopping market, with nearly 40% of domestic market share. Its strong market position provides a competitive advantage and potential for continued growth.
  • Despite the recent operating losses, Amazon's business-to-business cloud computing unit, AWS, generated significant revenue and operating profit. This diversification of revenue streams can help mitigate risks and contribute to overall financial stability.
  • Amazon's continuous innovation and expansion into new areas, such as grocery delivery and third-party merchandise packing and shipping, demonstrate its ability to adapt to changing consumer preferences and capitalize on emerging opportunities.
  • Investors may find Amazon's stock price attractive, considering recent developments and the company's long-term growth potential. However, it's important to note that stock prices can be volatile and subject to market conditions.

Cons

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

  • The recent antitrust lawsuit filed by the U.S. Federal Trade Commission (FTC) and state attorney generals against Amazon adds regulatory and legal risks to the company. Until a settlement is reached, the lawsuit could create uncertainty and potentially impact Amazon's stock performance.
  • Amazon reported its first loss since 2014, with operating losses affecting various business units. While AWS generated significant revenue and profit, weakness in other areas raises concerns about the company's overall financial performance.
  • The FTC's claim that Amazon is a monopolist in the e-commerce market could lead to increased scrutiny and potential restrictions on the company's operations. This could limit Amazon's growth opportunities and impact its market dominance.
  • Although Amazon is the dominant player in online shopping, there are smaller online retailers thriving in niche markets. These retailers may pose competition to Amazon in specific segments, where they have a stronger presence and visibility.
  • Investors should consider the potential volatility of Amazon's stock, as it can be influenced by various factors, including market conditions, investor sentiment, and company-specific developments.














AMZN Stock Analysis - Frequently Asked Questions

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

44 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last year. There are currently 1 hold rating and 43 buy ratings for the stock. The consensus among Wall Street equities 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?

44 brokers have issued 12 month price objectives for Amazon.com's shares. Their AMZN share price targets range from $116.00 to $230.00. On average, they anticipate the company's share price to reach $168.93 in the next twelve months. This suggests a possible upside of 14.7% 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 shares have increased by 75.3% and is now trading at $147.23.
View the best growth stocks for 2023 here.

Are investors shorting Amazon.com?

Amazon.com saw a increase in short interest during the month of 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 trading volume of 52,810,000 shares, the short-interest ratio is presently 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 quarterly earnings results on Thursday, October, 26th. The e-commerce giant reported $0.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.27. The e-commerce giant had revenue of $143.08 billion for the quarter, compared to analyst estimates 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?

Shares of Amazon.com split before market open on 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.

What guidance has Amazon.com issued on next quarter's earnings?

Amazon.com issued an update on 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%), Jennison Associates LLC (0.53%), Legal & General Group Plc (0.52%) and Charles Schwab Investment Management Inc. (0.49%). 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 A Wilke, 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 11/28/2023 by MarketBeat.com Staff

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