Amazon.com, Inc. (AMZN)

NASDAQ: AMZN · IEX Real-Time Price · USD
118.01
+3.61 (3.16%)
At close: Sep 28, 2022 4:00 PM
117.69
-0.32 (-0.27%)
After-hours: Sep 28, 2022 7:59 PM EDT
3.16%
Market Cap 1.20T
Revenue (ttm) 485.90B
Net Income (ttm) 11.61B
Shares Out 10.19B
EPS (ttm) 1.08
PE Ratio 109.27
Forward PE 47.85
Dividend n/a
Ex-Dividend Date n/a
Volume 47,525,428
Open 114.38
Previous Close 114.40
Day's Range 113.80 - 118.70
52-Week Range 101.26 - 188.11
Beta 1.33
Analysts Buy
Price Target 174.60 (+48.0%)
Earnings Date Oct 26, 2022

About AMZN

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores. The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, and Echo and other devices; provides Kindle Direct Publishing, an online service that allows indepe... [Read more...]

Industry Internet & Direct Marketing Retail
IPO Date May 15, 1997
CEO Andy Jassy
Employees 1,523,000
Stock Exchange NASDAQ
Ticker Symbol AMZN
Full Company Profile

Financial Performance

In 2021, Amazon.com's revenue was $469.82 billion, an increase of 21.70% compared to the previous year's $386.06 billion. Earnings were $33.36 billion, an increase of 56.41%.

Financial Statements

Analyst Forecast

According to 63 analysts, the average rating for AMZN stock is "Buy." The 12-month stock price forecast is 174.6, which is an increase of 47.95% from the latest price.

Price Target
$174.6
(47.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Amazon to raise average hourly pay for frontline workers to $19 in October

NEW YORK — Amazon said Wednesday it's raising its average starting pay for frontline workers from $18 to $19 a hour, a boost that could help it attract more employees in a tight labor market as the holi...

37 minutes ago - Market Watch

Amazon's Limp Sees Boost From New Devices

Amazon.com unveiled a new generation of Echo smart speakers, Ring cameras and a bedside monitor called Halo Rise at its autumn devices event. The tech giant's Senior Vice President of Devices & Services...

57 minutes ago - Bloomberg Technology

Amazon hikes pay for warehouse and delivery workers

The wage hikes come as Amazon prepares to enter the peak holiday shopping season, and it stares down growing organizing efforts among its front-line workforce.

1 hour ago - CNBC

Amazon Expands Pay and Benefits for Front-line Employees with New Investment of Nearly $1 Billion

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today announced pay increases for its U.S. front-line employees—a nearly $1 billion investment over the next year—along with a new benefit that enables em...

2 hours ago - Business Wire

Amazon raises wages for warehouse workers - Insider

Amazon.com Inc has increased hourly pay for workers at its warehouses as the world's largest online retailer prepares for the busy holiday season, Insider reported on Wednesday, citing the company's com...

3 hours ago - Reuters

Amazon-Owned Epix to Be Rebranded as MGM+ in January

Amazon-owned cable and streaming network Epix will have a new name beginning in January: MGM+.  The rebranding will debut Jan. 15, 2023, while the network continues with its current distribution channel...

3 hours ago - PYMNTS

Amazon rolls out broad-based pay raises for warehouse workers across its fulfillment network

Amazon employees have been agitating for higher pay for years, putting the company under pressure to respond.

3 hours ago - Business Insider

Amazon is reportedly encouraging their US call center employees to work from home indefinitely — so they can eventual...

Amazon is reportedly telling call center employees in the US to keep working from home to ultimately reduce real estate costs.

3 hours ago - Business Insider

Here's everything Amazon unveiled at its big hardware event

Amazon on Wednesday unveiled a collection of product updates that tie together its vast suite of services and help ensure it remains at the center of peoples' lives and homes.

3 hours ago - CNN Business

Amazon pausing operations at some facilities as Hurricane Ian approaches Florida

Amazon is temporarily pausing operations at some of its facilities as Hurricane Ian barrels towards Florida, the company confirmed to CNN on Wednesday.

3 hours ago - CNN Business

Amazon plans to close several U.S. call centers - Bloomberg News

Amazon.com Inc is planning to close several call centers in the United States in a move toward remote working, Bloomberg News reported on Wednesday citing people familiar with the matter.

4 hours ago - Reuters

Amazon unveils bedside device that watches you sleep

NEW YORK — Soon enough, a bedside Amazon device might know whether you're sleeping — or not.

4 hours ago - Market Watch

Streaming service Epix will get a facelift and relaunch as MGM+ in 2023

On the same day that Lionsgate renamed Starzplay to Lionsgate+, MGM's Epix announced it would also get a “+” in its brand title. Epix, the ad-free streaming service, announced today that it will relaunc...

4 hours ago - TechCrunch

These 2 Shopping Center REITs Are Down More Than The S&P 500: Is Now The Time To Buy? - Acadia Realty Trust (NYSE:AKR...

As the Vanguard Real Estate ETF (ARCA:VNQ) is down roughly 31% year-to-date, real estate investment trusts are being beaten down as the sector continues to decline.

Other symbols: AKR
5 hours ago - Benzinga

Amazon's self-driving units coming 'sooner than people expect'

The chief executive officer of Zoox, Amazon.com Inc.'s self-driving unit, expects autonomous vehicles to be present in cities "sooner than people expect," but stopped short of saying when her own compan...

6 hours ago - TechXplore

Amazon Devices Event 2022: Every Product Revealed

At an Amazon event, the company reveals new Echo, Blink, Ring, Eeero and Fire devices. See every single product announced right here.

7 hours ago - CNET

Amazon Rolls Out Three New Echo Dot Smart Speakers

With refined designs and twice as much bass as before, Amazon is promising the best-sounding Echo Dots yet.

7 hours ago - CNET

Amazon, Google stock-price targets fall as odds of a recession rise

Truist analyst Youssef Squali lowered his price targets and revenue estimates on some internet giants, saying they aren't immune to the negative effects of a surging U.S. dollar and slowing economy.

Other symbols: GOOGGOOGL
7 hours ago - Market Watch

Amazon Upgrades Fire TV with Third Generation Fire TV Cube and New Alexa Voice Remote Pro

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today announced upgrades to its industry-leading Fire TV family, including the next generation Fire TV Cube—Fire TV's most powerful streaming media player...

7 hours ago - Business Wire

Amazon Introduces Four New Echo Devices Plus Upgrades to Echo Studio Audio

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today introduced the next generation of Echo Dot and Echo Auto, giving you more ways to bring the convenience of Alexa to every room of your home and into...

7 hours ago - Business Wire

Amazon Introduces Halo Rise—A First-of-its-Kind Bedside Sleep Tracker

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today introduced Halo Rise—a new, multi-purpose bedside tracker dedicated to helping improve your sleep. Halo Rise uses built-in sensor technology, quietl...

7 hours ago - Business Wire

Introducing Amazon Kindle Scribe—the First Kindle for Reading and Writing

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today introduced Kindle Scribe—the next generation of Kindle that unites reading with writing. Kindle Scribe features the world's first 10.2-inch, 300 pix...

7 hours ago - Business Wire

Amazon Launches Its Smartest TV Lineup Ever—Fire TV Omni QLED Series

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today introduced the Fire TV Omni QLED Series—a new addition to the Amazon Fire TV Omni Series and the first-ever TV lineup to feature the new Fire TV Amb...

8 hours ago - Business Wire

eero Announces New Power-Over-Ethernet Devices and Services for Pro Installers and Businesses

SEATTLE--(BUSINESS WIRE)--eero, an Amazon (NASDAQ: AMZN) company, today introduced a new range of solutions for professional installers and businesses. The eero PoE 6 and eero PoE Gateway are Power-over...

8 hours ago - Business Wire

Amazon Introduces the New Blink Wired Floodlight Camera and Blink Mini Pan Tilt—Offering Customers Even More Flexibil...

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today introduced two new additions to the Blink family of devices—the new Blink Wired Floodlight Camera and the new Blink Mini Pan Tilt. At just $99.99, t...

8 hours ago - Business Wire