Amazon. com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally.
Amazon stock last closed at $103.29, up 1.26% from the previous day, and has decreased 36.63% in one year. It has underperformed other stocks in the Internet Retail industry by 0.23 percentage points. Amazon stock is currently +26.85% from its 52-week low of $81.43, and -38.66% from its 52-week high of $168.39.
There are currently 10.25B AMZN shares outstanding. The market cap of AMZN is $1.06T. In the last 24 hours, 56.41M AMZN shares were traded.
You will need an online brokerage account to access the NASDAQ market and buy AMZN stock.
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After you have identified the best place to buy Amazon stock, it's critical to evaluate their stock before you buy, so you actually wrap your head around the risk and upside.
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on AMZN's stock page.
You can use many financial metrics, analyses, models, and charts to gauge AMZN's fair value.
Using relative valuations measures:
You can access more valuation research on AMZN's stock here.
Out of 30 Wall Street analysts who give recommendations on AMZN, the consensus analyst rating on AMZN is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Laura Martin, a top 10% analyst from Needham reiterates AMZN with a buy rating and maintains their AMZN price target from $120.00 to $120.00, on Mar 20, 2023.
Doug Anmuth, a top 1% analyst from JP Morgan maintains AMZN with a strong buy rating and lowers their AMZN price target from $142.00 to $135.00, on Mar 16, 2023.
Maintaining his Strong Buy rating, Anmuth lowered his price target on Amazon.com Inc. by 4.9%.
The stock's valuation only increased 14% over the past three years versus the S&P 500's rise of 63%, the analyst stated, noting that "investor sentiment remains at multi-year lows."
Although it is not possible to overlook the recent growth slowdown of Amazon Web Services, an argument can be made that it was caused by macro reasons and strong secular growth will come back when the economy recovers, Anmuth said.
A "number of pressures" in 2022 should fade or ease in 2023, the analyst predicted.
To conclude his note, Anmuth told investors that, "with meaningful steps from management to control costs, Amazon remains one of his best ideas."
Nicholas Jones, a top 15% analyst from JMP Securities reiterates AMZN with a buy rating and maintains their AMZN price target from $140.00 to $140.00, on Mar 16, 2023.
Ivan Feinseth, a bottom 9% analyst from Tigress Financial reiterates AMZN with a buy rating and maintains their AMZN price target from $192.00 to $192.00, on Feb 9, 2023.
Youssef Squali, a top 6% analyst from Truist Securities maintains AMZN with a strong buy rating and lowers their AMZN price target from $160.00 to $142.00, on Feb 3, 2023.
You can dive deeper into what analysts are projecting on the Amazon stock forecast page.
Last year, AMZN revenue was $513.98B. During the past 5 year, AMZN's revenue has gone up by 23.64% per year. This was slower than the Internet Retail industry average of 32.69%.
Learn more about AMZN's earnings and revenue performance here.
Over the last 12 months, executives and large shareholders at AMZN have sold more shares than they have bought.
Adam Selipsky, CEO Amazon Web Services of AMZN, was the latest AMZN insider to sell. They sold $230,690.86 worth of AMZN shares on Mar 21, 2023.
Dig into more about who owns AMZN shares here.
Amazon pays a dividend of 0.19%, compared to the Internet Retail industry's average dividend yield of 5.33%. If you owned $1,000 worth of AMZN stock, you would have received $1.94 last year.
Get more info about Amazon dividend yield and history here.
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To summarize, here are the 6 steps to buy stock in Amazon:
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