S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Followed 214 TimesTop FollowedTop-Rated StocksTop-RatedMost-Upgraded StocksMost-UpgradedSearched 722 TimesTop Searched
NASDAQ:AMZN

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

$138.41
-0.15 (-0.11%)
(As of 08/11/2023 08:47 PM ET)
Compare
Today's Range
$137.00
▼
$139.33
50-Day Range
$121.23
▼
$142.22
52-Week Range
$81.43
▼
$146.57
Volume
42.91 million shs
Average Volume
64.11 million shs
Market Capitalization
$1.42 trillion
P/E Ratio
108.99
Dividend Yield
N/A
Price Target
$159.46
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Amazon.com MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.96 Rating Score
Upside/​Downside
15.2% Upside
$159.46 Price Target
Short Interest
Healthy
0.69% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.54mentions of Amazon.com in the last 14 days
Based on 120 Articles This Week
Insider Trading
Selling Shares
$38.61 M Sold Last Quarter
Proj. Earnings Growth
33.80%
From $2.16 to $2.89 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

14th 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 11, 2023 | marketbeat.com
Drinks, Chips & Drugs: A Surprising List of 10-Year Stock Winners (AMZN)
A handful of large caps have taken things to another level. These three stocks have blown past the herd — and may be market leaders for years to come.
August 10, 2023 | marketbeat.com
Alibaba Explodes On Earnings, Inching Toward Triple Digit Prices
Alibaba stock is rising after its second quarter 2023 earnings results, pushing sentiment higher after all valuation drivers push to new highs
August 14, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
August 10, 2023 | marketbeat.com
3 Best Renewable Energy Stocks as Summer Heat Builds (AMZN)
The Biden administration continues to accelerate our nation’s clean energy transition. And that means it’s time to consider these renewable energy stocks
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 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 14, 2023 | Chaikin Analytics (Ad)
Forget NVDA. Buy this A.I. stock instead
Dozens of 100% - 1,000% opportunities over the last decade have led to this one under-the-radar A.I. stock... MORE HERE...
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 13, 2023 | marketwatch.com
: Jeff Bezos, Lauren Sanchez pledge $100 million for Maui wildfire relief
August 13, 2023 | benzinga.com
The 10 Richest People In The World Are Worth $1.4 Trillion (The Same As Amazon!) — Here's Who Has Gained The Most In 2023
August 13, 2023 | msn.com
Amazon's Q2 Shows Why It's Still King, But Are Ratings Upgrades Too Late?
August 13, 2023 | msn.com
Amazon To Cut Back On Private Labels, While Walmart And Other Retailers Thrive
August 13, 2023 | finance.yahoo.com
Is a Costco Membership Worth It if You Only Go 3 Times a Year?
August 13, 2023 | prnewswire.com
U.S Based Nutritional Research Co. LLC Globally Launches ABSORBABLE™ Brand of Supplements via Amazon.com
August 12, 2023 | seekingalpha.com
Amazon: With Profitability And Growth As 2 Pillars, Expect Bullish Transformation
August 12, 2023 | benzinga.com
Jeff Bezos Makes Waves With Reported $68M Florida Home: A Glimpse Into His Expanding Property Portfolio
August 12, 2023 | fool.com
Is Amazon a Buy After Its Blowout Quarter?
August 12, 2023 | seekingalpha.com
Amazon: I'm Buying More Before The Northbound Train Leaves
August 11, 2023 | ca.finance.yahoo.com
Prominent investors rekindle affection for Amazon in Q2 as stock price jumps
August 11, 2023 | finance.yahoo.com
Amazon Wants You to Pay With Your Palm. It’s a Sneak Attack on Apple and Google.
August 11, 2023 | bizjournals.com
Amazon opens first Robotics Fulfillment Center in San Antonio
August 11, 2023 | benzinga.com
Amazon Cracks Down on Remote Work: US Employees Reminded of Return-to-Office Rules
August 11, 2023 | bizjournals.com
Viewpoint: Subsidies to Amazon in D.C. region don’t pay off as hoped
See More Headlines
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AMZN Company Calendar

Last Earnings
4/27/2023
Today
8/14/2023
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
$159.46
High Stock Price Forecast
$230.00
Low Stock Price Forecast
$115.00
Forecasted Upside/Downside
+15.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.96
Research Coverage
48 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.27
Trailing P/E Ratio
108.99
Forward P/E Ratio
64.08
P/E Growth
1.9
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
$513.98 billion
Price / Sales
2.76
Cash Flow
$4.80 per share
Price / Cash Flow
28.81
Book Value
$16.43 per share
Price / Book
8.42

Miscellaneous

Outstanding Shares
10,260,350,000
Free Float
8,998,330,000
Market Cap
$1.42 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?

48 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amazon.com in the last year. There are currently 2 hold ratings and 46 buy ratings for the stock. The consensus among Wall Street equities research 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?

48 Wall Street research analysts have issued 1-year price objectives for Amazon.com's stock. Their AMZN share price forecasts range from $115.00 to $230.00. On average, they expect the company's stock price to reach $159.46 in the next twelve months. This suggests a possible upside of 15.2% 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 the year. Since then, AMZN shares have increased by 64.8% and is now trading at $138.41.
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) released its quarterly earnings data on Thursday, April, 27th. The e-commerce giant reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.09. The e-commerce giant had revenue of $127.36 billion for the quarter, compared to the consensus estimate 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 firm's revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior 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), Direxion Daily Cnsmr Discret Bull 3XShrs (WANT) and ProShares Ultra Consumer Discretionary (UCC).

When did Amazon.com's stock split?

Amazon.com's stock split before market open on Monday, June 6th 2022. The 20-1 split was announced on Wednesday, March 9th 2022. The newly issued shares were payable 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 many different institutional and retail investors. Top institutional investors include Geode Capital Management LLC (1.66%), Capital Research Global Investors (0.96%), Northern Trust Corp (0.87%), Charles Schwab Investment Management Inc. (0.48%), Jennison Associates LLC (0.42%) and Baillie Gifford & Co. (0.40%). 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 $138.41.

How much money does Amazon.com make?

Amazon.com (NASDAQ:AMZN) has a market capitalization of $1.42 trillion and generates $513.98 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 8/14/2023 by MarketBeat.com Staff

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