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

42 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last twelve months. There are currently 2 hold ratings and 40 buy ratings 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.

42 brokerages have issued 12-month price objectives for Amazon.com's stock. Their AMZN share price forecasts range from $111.00 to $270.00. On average, they anticipate the company's stock price to reach $143.52 in the next twelve months. This suggests a possible upside of 19.3% from the stock's current price.
View analysts price targets for AMZN or view top-rated stocks among Wall Street analysts.

Amazon.com's stock was trading at $84.00 on January 1st, 2023. Since then, AMZN stock has increased by 43.2% and is now trading at $120.28.
View the best growth stocks for 2023 here.

Amazon.com saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 65,540,000 shares, an increase of 6.6% from the April 30th total of 61,480,000 shares. Based on an average daily volume of 60,860,000 shares, the days-to-cover ratio is currently 1.1 days.
View Amazon.com's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our AMZN earnings forecast.

Amazon.com, Inc. (NASDAQ:AMZN) announced its quarterly earnings data on Thursday, April, 27th. The e-commerce giant reported $0.31 EPS for the quarter, topping the consensus estimate of $0.22 by $0.09. The e-commerce giant earned $127.36 billion during the quarter, compared to the consensus estimate of $124.57 billion. Amazon.com had a trailing twelve-month return on equity of 5.85% and a net margin of 0.82%. Amazon.com's revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.21 earnings per share.
Read the conference call transcript.

ETFs with the largest weight of Amazon.com (NASDAQ:AMZN) stock in their portfolio include Consumer Discretionary Select Sector SPDR Fund (XLY), ProShares Online Retail ETF (ONLN), ProShares Long Online/Short Stores ETF (CLIX), Fidelity MSCI Consumer Discretionary Index ETF (FDIS), VanEck Retail ETF (RTH), Vanguard Consumer Discretionary ETF (VCR), Direxion Daily AMZN Bull 1.5X Shares (AMZU) and Daily Consumer Discretionary Bull 3X (WANT).

Amazon.com (NASDAQ:AMZN) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMZN will have a dividend payout ratio of 8.44% next year. This indicates that the company will be able to sustain or increase its dividend.

Shares of Amazon.com split on the morning of Monday, June 6th 2022. The 20-1 split was announced on Wednesday, March 9th 2022. The newly minted 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.

Amazon.com issued an update on its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $127.00 billion-$133.00 billion, compared to the consensus revenue estimate of $129.83 billion.

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.

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).

Amazon.com trades on the NASDAQ under the ticker symbol "AMZN."

Amazon.com's stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (3.23%), FMR LLC (2.70%), Price T Rowe Associates Inc. MD (1.84%), Geode Capital Management LLC (1.61%), Wellington Management Group LLP (0.74%) and Bank of New York Mellon Corp (0.73%). 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, Indra K Nooyi, Jeffrey A Wilke, Jeffrey P Bezos, Jeffrey P Bezos, John G Sznewajs, Jonathan Rubinstein, Judith A Mcgrath and Shelley Reynolds.
View institutional ownership trends.

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.
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One share of AMZN stock can currently be purchased for approximately $120.28.

Amazon.com (NASDAQ:AMZN) has a market capitalization of $1.23 trillion and generates $524.90 billion in revenue each year. The e-commerce giant earns $-2,722,000,000.00 in net income (profit) each year or $0.42 on an earnings per share basis.

The company employs 1,541,000 workers across the globe.

Amazon.com's mailing address is 410 TERRY AVENUE NORTH, SEATTLE WA, 98109. The official website for the company is www.amazon.com. The e-commerce giant can be reached via phone at (206) 266-1000, via email at amazon-ir@amazon.com, or via fax at 302-636-5454.