The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Operating as Amazon, Amazon.com, Inc. stands as an American multinational tech firm specializing in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Founded in 1994 by Jeff Bezos in Bellevue, Washington, the company initially launched as an online bookstore but progressively expanded its offerings to include diverse product categories, earning the moniker "The Everything Store". Today, Amazon is recognized as one of the Big Five U.S. technology giants, alongside Alphabet, Apple, Meta, and Microsoft.
The company manages numerous subsidiaries, including Amazon Web Services (AWS) for cloud computing, Zoox (self-driving vehicle division), Kuiper Systems (satellite internet provider), and Amazon Lab126 (computer hardware R&D). Other key subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market, whose 2017 acquisition for US$13.4 billion significantly bolstered Amazon’s physical retail presence. The company distributes downloadable and streaming content via Amazon Prime Video, MGM+, Amazon Music, Twitch, Audible, and Wondery. Through Amazon Publishing, it publishes books; Amazon MGM Studios (including the 2022-acquired Metro-Goldwyn-Mayer) produces/distributes film/TV content; Brilliance Audio and Audible specialize in audiobook production/distribution. Amazon also manufactures consumer electronics, notably Kindle e-readers, Echo devices, Fire tablets, and Fire TVs.
Renowned for disrupting industries through technological innovation and aggressive profit reinvestment in capital expenditures, Amazon is, as of 2023, the world’s largest online retailer, marketplace, smart speaker provider, AWS cloud service, Twitch live-streaming platform, and revenue/market share-leading internet company. In 2021, it overtook Walmart as the top global retailer outside China, propelled by its Amazon Prime subscription service (200 million worldwide subscribers).
As of 2024, it ranks as the second-largest private employer in the U.S., the second-largest global and U.S. firm by revenue, the 12th-most visited website globally (84% U.S. traffic), and the global R&D leader (US$73 billion spent in 2022). Criticisms of Amazon include surveillance partnerships, poor labor conditions, anti-union efforts, environmental impact, anti-competitive practices, censorship issues, and exploitative treatment of small businesses/suppliers.
The company's current financial score is 7.45, which is higher than the Diversified Retail industry's average of 7.17. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 167.70B, representing a year-over-year increase of 13.33%, while its net profit experienced a year-over-year increase of 34.70%.
The company’s current valuation score is 8.18, which is higher than the Diversified Retail industry's average of 7.04. Its current P/E ratio is 32.37, which is 857.63% below the recent high of 309.95 and 1405.83% above the recent low of -422.65.
The company’s current earnings forecast score is 8.51, which is higher than the Diversified Retail industry's average of 7.35. The average price target for Amazon.com Inc is 265.00, with a high of 306.00 and a low of 206.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.46, which is higher than the Diversified Retail industry's average of 6.41. Sideways: Currently, the stock price is trading between the resistance level at 229.51 and the support level at 209.61, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 5.00, which is lower than the Diversified Retail industry's average of 6.90. The latest institutional shareholding proportion is 66.21%, representing a quarter-over-quarter decrease of 10.28%. The largest institutional shareholder is The Vanguard, holding a total of 845.45M shares, representing 7.93% of shares outstanding, with 2.50% increase in holdings.
The company’s current risk assessment score is 8.57, which is higher than the Diversified Retail industry's average of 6.28. The company's beta value is 1.28. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.