Amazon. com, Inc. engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally.
Amazon stock last closed at $179.62, up 3.43% from the previous day, and has increased 71.1% in one year. It has overperformed other stocks in the Internet Retail industry by 0.59 percentage points. Amazon stock is currently +77.58% from its 52-week low of $101.15, and -5.35% from its 52-week high of $189.77.
At the moment, there are 10.39B shares of AMZN outstanding. The market capitalization of AMZN is $1.87T. In the last 24 hours, 42.03M AMZN shares were traded.
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After you have decided on the best place to buy Amazon stock, it's important to evaluate their stock prior to buying, so you actually comprehend the risk and upside.
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on AMZN's stock page.
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge AMZN's true value.
Using relative valuations metrics:
You can do more valuation research on AMZN's stock here.
Out of 26 Equities analysts who monitor AMZN, the consensus analyst rating on Amazon is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Scott Devitt, a top 4% analyst from Wedbush maintains AMZN with a buy rating and raises their AMZN price target from $220.00 to $225.00, on Apr 24, 2024.
Wedbush's Scott Devitt raised their price target on Amazon (NASDAQ: AMZN) by 2.3% from $220 to $225 on 2024/04/24. The analyst maintained their Buy rating on the stock.
Devitt's price target hike was delivered in a preview of Amazon's Q1 2024 earnings report, scheduled for release on 2024/04/30.
The analyst predicted that Amazon will have boosted its margins thanks to "several catalysts."
Devitt noted that the company's operating income surpassed Street projections for five straight quarters.
As a result, the analyst expects operating income of $11.6B in Q1, which is around 5% higher than the consensus estimate.
Given the positive feedback from advertisers and digital advertising agencies in Wedbush's "Q1 Digital Advertising Survey," Devitt expects sustained advertising momentum to be seen in the results.
Accelerating growth in AWS (Amazon Web Services) and incremental commentary on demand related to AI is also on the analyst's radar.
Additionally, Devitt hopes to see ongoing improvements in retail margins internationally and in North America.
Yahoo Finance reports that the current consensus EPS estimate for the company's Q1 is $0.78 which, if achieved, would represent a 151.6% increase over Q1 2023's $0.31.
Brian Pitz, a top 28% analyst from BMO Capital maintains AMZN with a buy rating and raises their AMZN price target from $205.00 to $215.00, on Apr 23, 2024.
Gil Luria, a top 21% analyst from DA Davidson maintains AMZN with a strong buy rating and maintains their AMZN price target from $235.00 to $235.00, on Apr 18, 2024.
Laura Martin, a top 2% analyst from Needham reiterates AMZN with a buy rating and maintains their AMZN price target from $205.00 to $205.00, on Apr 18, 2024.
Tom Forte, a top 2% analyst from Maxim Group initiates coverage on AMZN with a strong buy rating and announces their AMZN price target of $218.00, on Apr 17, 2024.
You can dig deeper into what analysts are forecasting on the Amazon stock forecast page.
Last year, AMZN earnings were $30.43B. In the past 5 year, AMZN's earnings have grown by 23.33% per year. This was slower than the Internet Retail industry average of 36.35%.
Last year, AMZN revenue was $574.79B. During the past five year, AMZN's revenue has gone up by 19.8% per year. This was slower than the Internet Retail industry average of 26.61%.
You can research AMZN's earnings and revenue performance here.
Over the past year, 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 $89,500.00 worth of AMZN stock on Apr 19, 2024.
Learn more about who owns AMZN shares here.
No, Amazon doesn't provide an income stream by paying out dividends.
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