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Amazon.com - AMZN Stock Forecast, Price & News

$92.45
-1.50 (-1.60%)
(As of 11/29/2022 03:42 PM ET)
Add
Compare
Today's Range
$91.44
$94.77
50-Day Range
$86.14
$122.19
52-Week Range
$85.87
$179.80
Volume
1.99 million shs
Average Volume
94.55 million shs
Market Capitalization
$943.14 billion
P/E Ratio
84.86
Dividend Yield
N/A
Price Target
$149.40

Amazon.com MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.87 Rating Score
Upside/​Downside
61.7% Upside
$149.19 Price Target
Short Interest
Healthy
0.80% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.47mentions of Amazon.com in the last 14 days
Based on 60 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

7th out of 219 stocks

Catalog & Mail - Order Houses Industry

1st out of 21 stocks

AMZN stock logo

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

Is Snowflake Poised for A Rebound After Its Recent Tumble? (AMZN)
The cloud computing industry appears to be slowing but many stocks in the sector are a moderate buy. This means long term outlook is positive.
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
"The Most Critical Metal for Global Economies"
The soaring demand for this "red rock" may be the most important development in 2022. It's key in the transition to the new green energy economies. Bloomberg News warns… "Within a decade, the world may face a massive shortfall of what's arguably the most critical metal for global economies." Copper prices have nearly doubled in the past year.
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.
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.
Judge orders Amazon to stop retaliations against organizers
A federal judge has ordered Amazon to stop retaliating against employees engaged in workplace activism
After Nixing its 13% Dividend, Is Lumen Technologies Okay To Own? (AMZN)
The Company changed its name from CenturyLink to Lumen Technologies in 2020, the company has been shedding some of its businesses to pay down debt
Santa Claus Rally? Here’s What Needs to Happen (AMZN)
We are approaching that time of year where the stock market gets into a holiday mood triggering a Santa Claus rally into the new year. With
"The Most Critical Metal for Global Economies"
The soaring demand for this "red rock" may be the most important development in 2022. It's key in the transition to the new green energy economies. Bloomberg News warns… "Within a decade, the world may face a massive shortfall of what's arguably the most critical metal for global economies." Copper prices have nearly doubled in the past year.
Black Friday Deals on These 3 Dividend Plays (AMZN)
Discounted prices means investors will have the opportunity to bank some nice yields on above-market dividend payers. These are a few of our favorites.
The Dogs of The S&P 500 And Why To Invest In Them  (AMZN)
The Dogs of the S&P 500 is a little-known strategy for income investors that focuses on this year's weakest sectors to find the highest yields and low values.
Amazon CEO says layoffs will extend into next year
Amazon CEO Andy Jassy says the mass layoffs that began in the company's corporate ranks this week will extend into next year
Is Apple a Must-Own Stock in 2023?
4 Green Flags for Canoo's Future
Should Investors Buy the Dip in Etsy Stock?
Amazon: Why AWS Is Worth $60
Amazon Is a Top Stock Pick for Next Year, Says J.P. Morgan
Early Holiday Sales Beat Modest Expectations
See More Headlines
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AMZN Company Calendar

Last Earnings
10/27/2022
Today
11/29/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/02/2023

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
Internet Retail
Current Symbol
NASDAQ:AMZN
CUSIP
02313510
Employees
1,608,000
Year Founded
1994

Price Target and Rating

Average Stock Price Forecast
$149.19
High Stock Price Forecast
$270.00
Low Stock Price Forecast
$103.00
Forecasted Upside/Downside
+61.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.87
Research Coverage
45 Analysts

Profitability

Net Income
$33.36 billion
Pretax Margin
1.98%

Debt

Sales & Book Value

Annual Sales
$469.82 billion
Cash Flow
$6.58 per share
Book Value
$13.58 per share

Miscellaneous

Outstanding Shares
10,201,650,000
Free Float
8,906,044,000
Market Cap
$943.14 billion
Optionable
Optionable
Beta
1.23

Social Links


Key Executives

  • Mr. Andrew R. JassyMr. Andrew R. Jassy (Age 54)
    Pres, CEO & Director
    Comp: $767.65k
  • Mr. Brian T. OlsavskyMr. Brian T. Olsavsky (Age 58)
    Sr. VP & CFO
    Comp: $163.2k
  • Mr. David A. ZapolskyMr. David A. Zapolsky (Age 58)
    Sr. VP, Gen. Counsel & Sec.
    Comp: $163.2k
  • Mr. Adam N. SelipskyMr. Adam N. Selipsky (Age 55)
    Chief Exec. Officer of Amazon Web Services, Inc.
    Comp: $158.77k
  • Ms. Shelley L. ReynoldsMs. Shelley L. Reynolds (Age 57)
    VP, Worldwide Controller & Principal Accounting Officer
  • Dr. Werner Vogels
    Chief Technology Officer
  • Mr. Dave Fildes
    Director of Investor Relations
  • Ms. Anuradha Aggarwal
    CMO & Director of User Growth
  • Ms. Beth Galetti M.B.A.
    Sr. VP of Worldwide HR
  • Mr. Steven Kessel (Age 56)
    Sr. VP













AMZN Stock - Frequently Asked Questions

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

45 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last year. There are currently 2 sell ratings, 2 hold ratings and 41 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AMZN shares.
View AMZN analyst ratings
or view top-rated stocks.

What is Amazon.com's stock price forecast for 2023?

45 brokerages have issued twelve-month price targets for Amazon.com's shares. Their AMZN share price forecasts range from $103.00 to $270.00. On average, they expect the company's share price to reach $149.19 in the next twelve months. This suggests a possible upside of 58.7% 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 2022?

Amazon.com's stock was trading at $166.7170 at the beginning of the year. Since then, AMZN shares have decreased by 43.6% and is now trading at $94.00.
View the best growth stocks for 2022 here
.

When is Amazon.com's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
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, 27th. The e-commerce giant reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.06. The e-commerce giant earned $127.10 billion during the quarter, compared to analysts' expectations of $127.47 billion. Amazon.com had a trailing twelve-month return on equity of 14.44% and a net margin of 2.25%. The company's revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.31 EPS.
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 issued 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 updated its fourth quarter 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $140.00 billion-$148.00 billion, compared to the consensus revenue estimate of $155.15 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).

What is Amazon.com's stock symbol?

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

Who are Amazon.com's major shareholders?

Amazon.com's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.88%), State Street Corp (3.23%), Price T Rowe Associates Inc. MD (2.77%), Bank of New York Mellon Corp (0.75%), Fisher Asset Management LLC (0.49%) and Alliancebernstein L.P. (0.47%). 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 M Blackburn, Jeffrey P Bezos, Jeffrey P Bezos, John G Sznewajs, Jonathan Rubinstein, Judith A Mcgrath, Patricia Q Stonesifer 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.

What is Amazon.com's stock price today?

One share of AMZN stock can currently be purchased for approximately $94.00.

How much money does Amazon.com make?

Amazon.com (NASDAQ:AMZN) has a market capitalization of $958.96 billion and generates $469.82 billion in revenue each year. The e-commerce giant earns $33.36 billion in net income (profit) each year or $1.0895 on an earnings per share basis.

How many employees does Amazon.com have?

The company employs 1,608,000 workers across the globe.

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
How can I contact Amazon.com?

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.

This page (NASDAQ:AMZN) was last updated on 11/29/2022 by MarketBeat.com Staff