S&P 500   4,467.71
DOW   35,123.36
QQQ   367.91
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How major US stock indexes fared Wednesday, 8/9/2023
S&P 500   4,467.71
DOW   35,123.36
QQQ   367.91
2 Tech Stocks to Buy and One to Avoid in August
Laser breakthrough could send stock soaring 2,467% (Ad)
3 Stocks to Buy No Matter Which Way Inflation Moves
3 Stocks to Buy After Heavy Insider Buying
Ben Stein FREE Report: How Americans Are RUINING Retirement (Ad)
2 Alternatives To Tesla (1 Safe, 1 More Risky)
The Rivian Market Is About To Shift Into A Higher Gear 
Ben Stein FREE Report: How Americans Are RUINING Retirement (Ad)
7 Best Fintech ETFs to Buy Now
How major US stock indexes fared Wednesday, 8/9/2023
S&P 500   4,467.71
DOW   35,123.36
QQQ   367.91
2 Tech Stocks to Buy and One to Avoid in August
Laser breakthrough could send stock soaring 2,467% (Ad)
3 Stocks to Buy No Matter Which Way Inflation Moves
3 Stocks to Buy After Heavy Insider Buying
Ben Stein FREE Report: How Americans Are RUINING Retirement (Ad)
2 Alternatives To Tesla (1 Safe, 1 More Risky)
The Rivian Market Is About To Shift Into A Higher Gear 
Ben Stein FREE Report: How Americans Are RUINING Retirement (Ad)
7 Best Fintech ETFs to Buy Now
How major US stock indexes fared Wednesday, 8/9/2023
S&P 500   4,467.71
DOW   35,123.36
QQQ   367.91
2 Tech Stocks to Buy and One to Avoid in August
Laser breakthrough could send stock soaring 2,467% (Ad)
3 Stocks to Buy No Matter Which Way Inflation Moves
3 Stocks to Buy After Heavy Insider Buying
Ben Stein FREE Report: How Americans Are RUINING Retirement (Ad)
2 Alternatives To Tesla (1 Safe, 1 More Risky)
The Rivian Market Is About To Shift Into A Higher Gear 
Ben Stein FREE Report: How Americans Are RUINING Retirement (Ad)
7 Best Fintech ETFs to Buy Now
How major US stock indexes fared Wednesday, 8/9/2023
Followed 200 TimesTop FollowedTop-Rated StocksTop-RatedMost-Upgraded StocksMost-UpgradedIdea EngineIdea Engine
NASDAQ:AMZN

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

$137.85
-2.09 (-1.49%)
(As of 08/9/2023 ET)
Compare
Today's Range
$137.10
▼
$140.32
50-Day Range
$121.23
▼
$142.22
52-Week Range
$81.43
▼
$146.57
Volume
49.97 million shs
Average Volume
64.28 million shs
Market Capitalization
$1.41 trillion
P/E Ratio
108.54
Dividend Yield
N/A
Price Target
$157.89
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Amazon.com MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.96 Rating Score
Upside/​Downside
14.5% Upside
$157.89 Price Target
Short Interest
Healthy
0.77% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.63mentions of Amazon.com in the last 14 days
Based on 173 Articles This Week
Insider Trading
Selling Shares
$15.66 M Sold Last Quarter
Proj. Earnings Growth
39.36%
From $1.88 to $2.62 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.01 out of 5 stars

Retail/Wholesale Sector

16th out of 211 stocks

Catalog & Mail - Order Houses Industry

1st out of 30 stocks

See Top Rated MarketRank™ Stocks Here

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.

AMZN Price History

AMZN Stock News Headlines

August 9, 2023 | marketbeat.com
2 Tech Stocks to Buy and One to Avoid in August (AMZN)
As we close out this earnings season, here are two tech stocks that look undervalued and one that reminds investors some stocks are cheap for a reason
August 8, 2023 | marketbeat.com
3 Stocks to Play the Recovery in Digital Advertising (AMZN)
The slowdown in digital advertising triggered many technology stocks to sell off, notably social media platforms like Snap Inc. (NASDAQ: SNAP). However, a
August 10, 2023 | Behind the Markets (Ad)
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
August 8, 2023 | marketbeat.com
More Good News Coming? GoodRx Spikes Ahead of Q2 Earnings (AMZN)
With newfound business momentum and consensus EPS that's been topped in five straight quarters, GDRX could deliver a report shareholders have been waiting for.
August 7, 2023 | marketbeat.com
The 10 Stocks MarketBeat Readers Like Best  (AMZN)
Marketbeat readers have spoken! These are the 10 most-followed stocks on the platform and momentum is building for some interesting names.
August 7, 2023 | marketbeat.com
3 Reasons the eBay Dip Is Worth Bidding On (AMZN)
Here are three reasons why a market overreaction has presented a favorable eBay entry point for swing traders and long-term investors alike.
August 7, 2023 | marketbeat.com
2 Stocks that Doubled and Tripled EPS Estimates and Soared (AMZN)
The second quarter 2023 earnings season has seen a wide variance between the "haves" and the "have nots" of performance. While many companies
August 5, 2023 | marketbeat.com
MarketBeat Week in Review – 07/31 - 08/04 (AMZN)
A weaker than expected jobs report lifted the market but next week's CPI and PPI reports could change investor sentiment
August 10, 2023 | Chaikin Analytics (Ad)
Famous Wall Street Crash System Flashes RED
Hundreds of banks, hedge funds, and brokerages have paid $5,000 a month to access these alerts. Because when this system flashes on U.S. stocks, huge gains – and losses – can follow.
August 3, 2023 | marketbeat.com
Amazon reports better-than-expected revenue and profits for 2Q, sending its stocks higher
Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading
August 3, 2023 | marketbeat.com
New Leaders Emerge: S&P 500 Shows Shift in Top Performers (AMZN)
Cruise lines and smaller companies fuel a market leadership change in the S&P 500, as a more broad-based rally reflects greater investor confidence.
August 2, 2023 | marketbeat.com
Amazon begins offering grocery delivery for customers who are not Prime members
Amazon has begun offering its Fresh grocery delivery service to customers who aren’t Prime members
August 10, 2023 | bizjournals.com
Amazon notifies employees who don't follow hybrid work policy
August 9, 2023 | msn.com
Amazon Seeks Australia Expansion with Massive Robotic Warehouse Set to Transform Fulfillment Operations
August 9, 2023 | msn.com
Amazon (NASDAQ:AMZN) Added to Softbank’s Investor Wishlist for Arm IPO
August 9, 2023 | finance.yahoo.com
Oil Holds Nine-Month High as Supply Risks Offset US Stockpiles
August 9, 2023 | seekingalpha.com
Amazon Is Lowering The Cost To Serve
August 9, 2023 | forbes.com
Are Two Prime Day Sales Events Enough For Amazon?
August 9, 2023 | seekingalpha.com
Amazon: Outperformance To Continue
August 9, 2023 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These Technology Stocks: Digital Turbine (APPS), Cepton (CPTN) and Amazon (AMZN)
August 9, 2023 | msn.com
Amazon Stock Is Back in My Good Graces After a Fantastic Quarter
August 9, 2023 | finance.yahoo.com
Bull of the Day: Amazon (AMZN)
August 9, 2023 | finance.yahoo.com
1 Stock Up 66% This Year That Is Still Worth Buying
August 9, 2023 | finance.yahoo.com
Why Isn't Microsoft in Warren Buffett's Portfolio?
August 9, 2023 | finance.yahoo.com
China's Economic Woes, Crude Oil, Bond Auctions, Prime Day 2, Trading Lilly
August 9, 2023 | finance.yahoo.com
Five fresh takes from Amazon's earnings conference call
August 9, 2023 | 247wallst.com
Best Movies to Stream on Amazon Prime Right Now, According to Data
See More Headlines
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AMZN Company Calendar

Last Earnings
4/27/2023
Today
8/10/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Catalog & mail - order houses
Sub-Industry
Internet Retail
Sector
Retail/Wholesale
Current Symbol
NASDAQ:AMZN
CUSIP
02313510
CIK
1018724
Web
www.amazon.com
Phone
(206) 266-1000
Fax
302-636-5454
Employees
1,541,000
Year Founded
1994

Price Target and Rating

Average Stock Price Forecast
$157.89
High Stock Price Forecast
$204.00
Low Stock Price Forecast
$115.00
Forecasted Upside/Downside
+14.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.96
Research Coverage
47 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.27
Trailing P/E Ratio
108.54
Forward P/E Ratio
73.32
P/E Growth
2.24
Net Income
$-2,722,000,000.00
Net Margins
2.43%
Pretax Margin
2.54%
Return on Equity
9.14%
Return on Assets
3.03%

Debt

Debt-to-Equity Ratio
0.37
Current Ratio
0.95
Quick Ratio
0.70

Sales & Book Value

Annual Sales
$538.05 billion
Price / Sales
2.63
Cash Flow
$4.66 per share
Price / Cash Flow
29.60
Book Value
$16.43 per share
Price / Book
8.39

Miscellaneous

Outstanding Shares
10,260,354,000
Free Float
8,957,289,000
Market Cap
$1.41 trillion
Optionable
Optionable
Beta
1.26

Social Links

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Get This Free Report

Key Executives

  • Mr. Jeffrey P. BezosMr. Jeffrey P. Bezos (Age 59)
    Founder & Exec. Chairman
    Comp: $1.68M
  • Mr. Andrew R. JassyMr. Andrew R. Jassy (Age 55)
    Pres, CEO & Director
    Comp: $1.3M
  • Mr. Brian T. OlsavskyMr. Brian T. Olsavsky (Age 59)
    Sr. VP & CFO
    Comp: $319.85k
  • Mr. David A. ZapolskyMr. David A. Zapolsky (Age 59)
    Sr. VP of Global Public Policy & Gen. Counsel
    Comp: $319.85k
  • Mr. Douglas J. HerringtonMr. Douglas J. Herrington (Age 56)
    Chief Exec. Officer of Worldwide Amazon Stores
    Comp: $335.44k
  • Mr. Adam N. SelipskyMr. Adam N. Selipsky (Age 56)
    Chief Exec. Officer of Amazon Web Services, Inc.
    Comp: $360.61k
  • Ms. Shelley L. ReynoldsMs. Shelley L. Reynolds (Age 58)
    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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













AMZN Stock - Frequently Asked Questions

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

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

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

47 Wall Street analysts have issued 12 month price targets for Amazon.com's shares. Their AMZN share price forecasts range from $115.00 to $204.00. On average, they predict the company's stock price to reach $157.89 in the next twelve months. This suggests a possible upside of 14.5% 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 2023?

Amazon.com's stock was trading at $84.00 at the beginning of 2023. Since then, AMZN shares have increased by 64.1% and is now trading at $137.85.
View the best growth stocks for 2023 here.

When is Amazon.com's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our AMZN earnings forecast.

How were Amazon.com's earnings last quarter?

Amazon.com, Inc. (NASDAQ:AMZN) issued its quarterly earnings data on Thursday, April, 27th. The e-commerce giant reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.09. The e-commerce giant had revenue of $127.36 billion for the quarter, compared to analysts' expectations of $124.57 billion. Amazon.com had a net margin of 2.43% and a trailing twelve-month return on equity of 9.14%. The business's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the company posted $0.21 EPS.
Read the conference call transcript.

What ETFs hold Amazon.com's stock?

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

Is Amazon.com a good dividend stock?

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 15.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMZN will have a dividend payout ratio of 7.63% next year. This indicates that the company will be able to sustain or increase its dividend.

When did Amazon.com's stock split?

Shares of Amazon.com split on 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 closing bell 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 issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $138.00 billion-$143.00 billion, compared to the consensus revenue estimate of $138.25 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 institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (0.42%), Baillie Gifford & Co. (0.40%), Fisher Asset Management LLC (0.40%), Swiss National Bank (0.32%), Barclays PLC (0.30%) and Sumitomo Mitsui Trust Holdings Inc. (0.24%). 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.

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 $137.85.

How much money does Amazon.com make?

Amazon.com (NASDAQ:AMZN) has a market capitalization of $1.41 trillion and generates $538.05 billion in revenue each year. The e-commerce giant earns $-2,722,000,000.00 in net income (profit) each year or $1.27 on an earnings per share basis.

How many employees does Amazon.com have?

The company employs 1,541,000 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 8/10/2023 by MarketBeat.com Staff

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