Free Trial (AMZN) Stock Price, News & Analysis

-2.88 (-1.61%)
(As of 05/31/2024 08:50 PM ET)
Today's Range
50-Day Range
52-Week Range
58.90 million shs
Average Volume
42.96 million shs
Market Capitalization
$1.84 trillion
P/E Ratio
Dividend Yield
Price Target
$212.40 MarketRank™ Stock Analysis

Analyst Rating
3.00 Rating Score
20.4% Upside
$212.40 Price Target
Short Interest
0.68% of Shares Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
0.64mentions of in the last 14 days
Based on 115 Articles This Week
Insider Trading
Selling Shares
$21.36 M Sold Last Quarter
Proj. Earnings Growth
From $4.72 to $5.80 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.65 out of 5 stars

Retail/Wholesale Sector

27th out of 200 stocks

Catalog & Mail - Order Houses Industry

2nd out of 25 stocks

AMZN stock logo

About Stock (NASDAQ:AMZN)

Amazon, or, 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 Stock Price History

AMZN Stock News Headlines

MarketBeat Week in Review – 5/27 - 5/31 (AMZN)
Markets closed the week quietly after a sharp sell-off; however, the market is likely to remain volatile as several key economic reports are on deck
Bargain Alert: Amazon and Its 35% Upside
Having hit an all-time high earlier this month, tech titan Inc NASDAQ: AMZN shares have been taking a bit of a break. They've softened to the tune of 7% over the past three weeks, but in the grand scheme of things, this isn't anything to be worried about.
Bargain Alert: Amazon and Its 35% Upside
With the recent dip having brought Amazon’s RSI from 72 to 41, you can’t help but feel we could be looking at a golden buying opportunity.
Bargain Alert: Amazon and Its 35% Upside (AMZN)
With the recent dip having brought Amazon’s RSI from 72 to 41, you can’t help but feel we could be looking at a golden buying opportunity.
Mexico's Maya Train is destroying ancient caves. Learn about the beautiful 'cenotes' under threat
Mexico’s outgoing leader has rapidly built a train system looping around the country’s southern Yucatan Peninsula
Medline recalls 1.5 million adult bed rails following 2 reports of entrapment deaths
Medical supply company Medline Industries is recalling some 1.5 million portable adult bed rails across the U.S. and Canada, following two reports of entrapment deaths associated with the products
Amazon gets FAA approval that allows it to expand drone deliveries for online orders
Federal regulators have given Amazon key permission that will allow it to expand its drone delivery program
Gift registries after divorce offer a new way to support loved ones
For people putting a life back together after divorce, mundane household objects can be painful marital reminders
Advance Auto Parts Pivots Strategy to Compete with Rivals (AMZN)
Advance Auto Parts management is making the right calls when it comes to navigating the current economy, analysts recognize these efforts in EPS projections
United Natural Foods Surges on Whole Foods Extended Partnership (AMZN)
United Natural Foods Inc. (NYSE: UNFI) is a leading wholesale distributor of organic, natural and specialty foods and grocery products in the United States
Is Amazon Stock a Buy Now? (NASDAQ:AMZN) Shares Down 2.2%
Did Amazon Just Say "Checkmate" to Nvidia?
One Magnificent 7 Stock to Ditch and 2 to Buy Instead
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Catalog & mail - order houses
Internet Retail
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
45 Analysts


Net Income
$30.43 billion
Pretax Margin


Sales & Book Value

Annual Sales
$574.79 billion
Cash Flow
$7.55 per share
Book Value
$20.82 per share


Outstanding Shares
Free Float
Market Cap
$1.84 trillion

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AMZN Stock Analysis - Frequently Asked Questions

Should I buy or sell stock right now?

45 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for in the last twelve months. There are currently 1 hold rating, 43 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMZN shares.
View AMZN analyst ratings
or view top-rated stocks.

What is's stock price target for 2024?

45 equities research analysts have issued 12-month target prices for's stock. Their AMZN share price targets range from $140.00 to $245.00. On average, they predict the company's share price to reach $212.40 in the next twelve months. This suggests a possible upside of 20.4% 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 2024?'s stock was trading at $151.94 at the beginning of the year. Since then, AMZN stock has increased by 16.1% and is now trading at $176.44.
View the best growth stocks for 2024 here

Are investors shorting saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 70,810,000 shares, an increase of 9.8% from the April 30th total of 64,490,000 shares. Based on an average trading volume of 39,670,000 shares, the days-to-cover ratio is currently 1.8 days.
View's Short Interest

When is's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our AMZN earnings forecast

How were's earnings last quarter?, Inc. (NASDAQ:AMZN) posted its quarterly earnings results on Tuesday, April, 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.15. The e-commerce giant had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. had a trailing twelve-month return on equity of 19.86% and a net margin of 6.38%. The company's revenue was up 12.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.31 EPS.
Read the conference call transcript

When did's stock split?

Shares of split before market open on Monday, June 6th 2022. The 20-1 split was announced on Wednesday, March 9th 2022. The newly created shares were payable 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 issued on next quarter's earnings? updated its second quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $144.0 billion-$149.0 billion, compared to the consensus revenue estimate of $150.1 billion.

What is Andrew Jassy's approval rating as's CEO?

18,663 employees have rated Chief Executive Officer Andrew Jassy on Andrew Jassy has an approval rating of 83% among the company's employees. 74.0% of employees surveyed would recommend working at to a friend.

What other stocks do shareholders of own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 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).

Who are's major shareholders?'s stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.55%), Price T Rowe Associates Inc. MD (1.82%), Capital Research Global Investors (0.84%), Jennison Associates LLC (0.55%), Capital International Investors (0.41%) and Baillie Gifford & Co. (0.38%). 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, Jeffrey P Bezos, Jeffrey P Bezos, Jonathan Rubinstein, Keith Brian Alexander and Shelley Reynolds.
View institutional ownership trends

How do I buy shares of

Shares of AMZN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does have any subsidiaries?
The following companies are subsidiares of 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., NV Investment Holdings LLC, Sales Inc., Services LLC, Amiato, Amie Street,, 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,, GameSparks, GlowRoad, Goodreads, Graphiq, Health Navigator, IMDB, INLT, IVONA Text-To-Speech, Immedia,, Junglee, Kiva Systems, LOVEFiLM, Leep Technology, Lexcycle, Liquavista, LiveBid, MGM Studios,, Orbeus, OurHouse, Perpule, PillPack,, Prione, Pushbutton, Quidsi, Quorus, Reflexive Entertainment, Ring, Rooftop Media, Safaba Translation Solutions, Screentech, Selz, Shelfari, Shoefitr, Shopbop, SnapTell,, 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.
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This page (NASDAQ:AMZN) was last updated on 6/3/2024 by Staff

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