Amazon.com - AMZN Stock Forecast, Price & News

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores. The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, and Echo and other devices; provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store; and develops and produces media content. In addition, it offers programs that enable sellers to sell their products on its websites, as well as its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, the company provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, publishing, and digital content subscriptions. Additionally, it offers Amazon Prime, a membership program, which provides free shipping of various items; access to streaming of movies and series; and other services. The company serves consumers, sellers, developers, enterprises, and content creators. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.

Amazon.com Stock Performance

AMZN Stock opened at $142.69 on Thursday. Amazon.com has a 1 year low of $101.26 and a 1 year high of $188.11. The stock's fifty day moving average is $117.93 and its two-hundred day moving average is $134.21. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.95. The stock has a market capitalization of $1.45 trillion, a price-to-earnings ratio of 127.92, a PEG ratio of 6.41 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN - Get Rating) last released its earnings results on Thursday, July 28th. The e-commerce giant reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.35). Amazon.com had a net margin of 2.39% and a return on equity of 15.79%. The business had revenue of $121.23 billion for the quarter, compared to analysts' expectations of $119.16 billion. During the same period last year, the firm earned $0.76 EPS. The company's revenue was up 7.2% compared to the same quarter last year. On average, research analysts predict that Amazon.com will post 0.97 EPS for the current year.

Analyst Ratings Changes

AMZN has been the subject of a number of research reports. UBS Group upped their price objective on shares of Amazon.com from $167.00 to $180.00 and gave the company a "buy" rating in a research note on Friday, July 29th. Truist Financial reaffirmed a "buy" rating and set a $175.00 price objective on shares of Amazon.com in a research note on Friday, June 17th. Citigroup boosted their target price on shares of Amazon.com to $185.00 in a report on Tuesday. Itaú Unibanco began coverage on Amazon.com in a research report on Tuesday, July 26th. They issued an "outperform" rating and a $146.00 target price on the stock. Finally, Mizuho decreased their price target on shares of Amazon.com from $197.50 to $155.00 and set a "buy" rating on the stock in a research note on Thursday, July 21st. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and thirty-seven have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $177.99.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 1,181 shares of the stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $2,262.00, for a total value of $2,671,422.00. Following the transaction, the chief executive officer now owns 92,781 shares of the company's stock, valued at $209,870,622. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO Andrew R. Jassy sold 1,181 shares of the firm's stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of $2,262.00, for a total value of $2,671,422.00. Following the completion of the sale, the chief executive officer now directly owns 92,781 shares of the company's stock, valued at $209,870,622. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Shelley Reynolds sold 173 shares of Amazon.com stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $2,169.22, for a total value of $375,275.06. Following the sale, the vice president now directly owns 5,989 shares of the company's stock, valued at $12,991,458.58. The disclosure for this sale can be found here. Insiders have sold 4,803 shares of company stock worth $10,528,337 over the last three months. Company insiders own 12.70% of the company's stock.