Stock Price: As of November 17, 2023, Amazon’s stock price is $145.18, with a 1.65% increase during the day. After-hours trading shows a slight uptick to $145.201.
Market Cap: Amazon’s market capitalization stands at an impressive $1.50 trillion.
Revenue: In the trailing twelve months (ttm), Amazon generated $554.03 billion in revenue.
Net Income: The company’s net income for the same period was $20.08 billion.
Dividend: Amazon does not currently pay dividends.
PE Ratio: The price-to-earnings (PE) ratio is 75.61, and the forward PE is 43.25.
Analyst Consensus: According to 43 analysts, the average rating for Amazon stock is a resounding “Strong Buy.”
Price Target: The 12-month stock price forecast is $169.77, implying a 16.94% upside from the latest price12.
Business Profile
Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally.
It operates through three segments: North America, International, and Amazon Web Services (AWS).
Amazon’s product offerings include merchandise, content purchased for resale, and products offered by third-party sellers. The company also manufactures and sells electronic devices such as Kindle, Fire tablets, Fire TVs, Rings, Blink, eero, and Echo.
Strengths
Diversified Ecosystem: Amazon’s vast ecosystem spans e-commerce, cloud services (AWS), digital content, and hardware devices.
Global Reach: With a presence in multiple countries, Amazon taps into diverse markets.
Innovation: The company continually develops and produces new products, services, and technologies.
Conclusion
Amazon remains a force to be reckoned with in the retail and tech sectors. Its relentless pursuit of innovation and customer-centric approach positions it for continued growth. However, as with any investment, consider risks and conduct thorough research.
Disclaimer: This analysis is for informational purposes only. Always consult a financial advisor before making investment decisions.