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NASDAQ:AMZN

Amazon.com - AMZN Stock Forecast, Price & News

$93.41

-0.72 (-0.76%)

(As of 11/25/2022 12:00 AM ET)

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Today's Range: $93.07
▼
$94.43
50-Day Range: $86.14
▼
$124.66
52-Week Range: $85.87
▼
$181.68

Volume: 35.09 million shs
Average Volume: 103.96 million shs
Market Capitalization: $952.94 billion

P/E Ratio: 85.74
Dividend Yield: N/A
Price Target: $149.40

Amazon.com MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.87 Rating Score
Upside/Downside: 59.9% Upside
$149.40 Price Target
Short Interest: Healthy
0.78% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.25
Upright™ Environmental Score
News Sentiment: 0.42
Based on 56 Articles This Week
Insider Trading: Selling Shares
$11.16 M Sold Last Quarter
Proj. Earnings Growth: 121.62%
From $0.74 to $1.64 Per Share

Overall MarketRank^™

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

2.98 out of 5 stars

Retail/Wholesale Sector

5th out of 217 stocks

Catalog & Mail - Order Houses Industry

1st out of 22 stocks

4.4

Analyst's Opinion

Consensus Rating
Amazon.com has received a consensus rating of Buy. The company's average rating score is 2.87, and is based on 41 buy ratings, 2 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $149.40, Amazon.com has a forecasted upside of 59.9% from its current price of $93.41.
Amount of Analyst Coverage
Amazon.com has been the subject of 33 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
0.78% of the outstanding shares of Amazon.com have been sold short.
Short Interest Ratio / Days to Cover
Amazon.com has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Amazon.com has recently increased by 5.70%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Amazon.com does not currently pay a dividend.
Dividend Growth
Amazon.com does not have a long track record of dividend growth.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Amazon.com has received a 26.69% net impact score from Upright. Amazon seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Business to consumer music streaming platforms", "Audiobook streaming services", "E-readers", "Writing of books", "Online retail of books", and "Movie streaming services" products. See details.
Environmental Sustainability
The Environmental Impact score for Amazon.com is -1.25.

3.0

News and Social Media Coverage

News Sentiment
Amazon.com has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 56 news articles for Amazon.com this week, compared to 32 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 54 reddit mentions for Amazon.com this week, compared to 102 mentions on an average week.
Search Interest
799 people have searched for AMZN on MarketBeat in the last 30 days. This is an increase of 43% compared to the previous 30 days.
MarketBeat Follows
390 people have added Amazon.com to their MarketBeat watchlist in the last 30 days. This is an increase of 56% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Amazon.com insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,164,282.00 in company stock.
Percentage Held by Insiders
12.70% of the stock of Amazon.com is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
57.15% of the stock of Amazon.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Amazon.com are expected to grow by 121.62% in the coming year, from $0.74 to $1.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Amazon.com is 85.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Amazon.com is 85.74, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.22.
Price to Earnings Growth Ratio
Amazon.com has a PEG Ratio of 6.29. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Amazon.com has a P/B Ratio of 6.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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.

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AMZN Stock News Headlines

November 23, 2022 | marketbeat.com

Shoppers hunt for deals but inflation makes bargains elusive

Consumers holding out for big deals — and some much-needed relief from soaring costs on just about everything — may be disappointed as they head into the busiest shopping season of the year

November 22, 2022 | marketbeat.com

Is This The Right Time to Invest in Alibaba? (AMZN)

Without the ability to turn significant profits, Alibaba is struggling. Fortunately, the industry as a whole is facing challenges, so watch the sector closely.

November 22, 2022 | marketbeat.com

NVIDIA Corporation: Too Many Comeback Catalysts to Ignore (AMZN)

Despite being down nearly 50% year-to-date, Nvidia has access to an expanding set of end markets and growth opportunities that could translate to a comeback.