Amazon.com, Inc. (AMZN)
| Market Cap | 1.86T |
| Revenue (ttm) | 590.74B |
| Net Income (ttm) | 37.68B |
| Shares Out | 10.40B |
| EPS (ttm) | 3.58 |
| PE Ratio | 50.00 |
| Forward PE | 42.69 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 92,571,113 |
| Open | 181.89 |
| Previous Close | 175.00 |
| Day's Range | 176.56 - 185.15 |
| 52-Week Range | 103.28 - 189.77 |
| Beta | 1.16 |
| Analysts | Strong Buy |
| Price Target | 203.93 (+13.93%) |
| Earnings Date | Apr 30, 2024 |
About AMZN
Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. In addition, the company offers programs that enable sellers to sell their products in its stores; and ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 45 analysts, the average rating for AMZN stock is "Strong Buy." The 12-month stock price forecast is $203.93, which is an increase of 13.93% from the latest price.
News
Amazon CEO Andy Jassy broke federal labor law with anti-union remarks
A National Labor Relations Board judge, citing 2022 interviews with CNBC, Bloomberg and the New York Times, found Amazon CEO Andy Jassy broke labor law.
Amazon, Microsoft, and Alphabet are doubling down on AI for the cloud — and it seems to be paying off
Amazon, Microsoft, and Alphabet's first quarter earnings surpassed Wall Street's estimates. Execs credit some of the gains to their AI efforts, which they say help boost cloud revenue.
Anthropic Launches Claude Chatbot App, Expands Enterprise Offering
Artificial intelligence (AI) company Anthropic is launching its first smartphone app and a new enterprise subscription plan to expand the reach of its Claude chatbot.
Amazon Posts Biggest Cloud Sales Growth on AI Demand
Anurag Rana, Bloomberg Intelligence Technology Analyst, joins Bloomberg Intelligence to recap Amazon earnings. He spoke with Alix Steel and Paul Sweeney.
Mizuho Americas' O'Regan: I Wouldn't Bet Against AWS
Mizuho Americas Managing Director Daniel O'Regan joins Ed Ludlow and Caroline Hyde to discuss why the firm is sticking with AMD even after its disappointing AI chip forecast, and breaks down Amazon's ...
US lawmaker probes FTC work with EU to block Amazon iRobot merger
The chair of the House Oversight Committee said Wednesday he is investigating the Federal Trade Commission's (FTC) work with the European Commission in the collapse of Amazon.com's plan to acquire iRo...
Anthropic Launches iOS App Featuring AI Chatbot Claude
Anthropic launched an iOS app featuring its artificial intelligence chatbot, Claude. The app makes the chatbot accessible “from anywhere, any time,” the company said in a Wednesday (May 1) press relea...
Amazon's core businesses are firing on all cylinders, analyst says
Amazon (AMZN) shares rose after the tech giant delivered strong first quarter earnings largely driven by Prime Video ad revenue and its cloud computing business, Amazon Web Services (AWS). However, th...
Walmart is closing down its health centers. What's that mean for Amazon, Walgreens and CVS?
Walmart Inc. WMT, -0.43% announced Tuesday it's closing its 51 health centers after the retail giant admitted the business had not seen sustainable profits since its inception in 2019.
Amazon Q1 earnings showed a lot of good things, analyst says
Amazon (AMZN) reported its first quarter earnings on Tuesday after the market's close, with its Amazon Web Services (AWS) segment posting a 17% year-over-year revenue spike. In the wake of this highly...
Amazon (AMZN) Higher After Earnings & AWS Growth
Amazon (AMZN) is higher after earnings and AWS growth. We are not worried about the expected step up in Capex this year, notes CFRA Research's Arun Sundaram.
Amazon's capital spending will pay off in the end, says TD Cowen's John Blackledge
John Blackledge, internet and media analyst at TD Cowen, joins 'Squawk on the Street' to discuss his thoughts on Amazon following earnings, how high Amazon's spending gets, and more.
Anthropic introduces a free iPhone app and an enterprise offering
Anthropic is in focus this morning after introducing a free iPhone app as well as an enterprise offering to ramp up competition with OpenAI. The new business tier called “Team” required at least five ...
Anthropic releases business chatbot in hunt for corporate dollars
Artificial intelligence startup Anthropic launched a version of its latest chatbot technology aimed at businesses on Wednesday, jumping into the race to capture corporate dollars.
Amazon-backed Anthropic launches iPhone app and business tier to compete with OpenAI's ChatGPT
Anthropic on Wednesday announced its first-ever enterprise offering, as well as its first iOS app.
Amazon Stock Jumps as Cloud Growth Fuels Blowout Quarter
Amazon beat expectations for the first quarter and the Dow Jones stock is soaring. Here's what you need to know.
Amazon Stock Up 2% On AI-Driven Growth, Despite Weak Forecast
After reporting first-quarter results, Amazon is chugging along pretty well under the leadership of CEO Andy Jassy.
Amazon Stock Inches Up On AI-Driven Growth In Q1
After reporting first-quarter results, Amazon's stock is chugging along pretty well under the leadership of CEO Andy Jassy.
Amazon Business Celebrates Third Annual Small Business Month with New Immersive Educational Hub and Over $250,000 in Grants
SEATTLE--(BUSINESS WIRE)--Amazon Business (NASDAQ: AMZN), the company's business-to-business procurement store, today kicked off its third annual Small Business Month to help support the growth of sma...
Amazon earnings cheered as ‘objectively excellent' — with any blemishes mere ‘nitpicks'
Amazon is ‘spitting off record profits and using these profits to fund the next leg of growth,' analyst says.
Amazon Beats, Starbucks Misses, Fed Scheduled To Deliver
Stocks, which were down all-day Tuesday, saw accelerated selling into the close. When the day finally came to an end, the S&P 500 was down 1.6% and the Nasdaq Composite was off 2%. The selloff was wid...
Don't expect Amazon to be a major player in AI model wars in the next 3-5 years, says Doug Clinton
Doug Clinton, Deepwater Asset Management partner and co-founder, joins 'Squawk Box' to discuss Amazon's quarterly earnings results, growth forecast, the company's AI strategy, and more.
Macro factors are overshadowing Amazon's earnings beat, says Paul Marino
Paul Marino, Chief Revenue Officer at GraniteShares, discusses Amazon's earnings report.
Investors are seeing Amazon's bull case prove out, says Brad Erickson
Brad Erickson, Internet Services Senior Analyst at RBC Capital Markets, discusses Amazon's earnings report.