company background image
AMZN logo

Amazon.com NasdaqGS:AMZN Stock Report

Last Price

US$224.92

Market Cap

US$2.3t

7D

-1.1%

1Y

46.6%

Updated

20 Dec, 2024

Data

Company Financials +

Amazon.com, Inc.

NasdaqGS:AMZN Stock Report

Market Cap: US$2.3t

AMZN Stock Overview

Engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. More details

AMZN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 28.7% below our estimate of its fair value

Earnings are forecast to grow 19.29% per year

Earnings grew by 148.4% over the past year

Risk Analysis

No risks detected for AMZN from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

MA
MarketMuse
Community Contributor

Amazon’s AI Catalyst Will Drive Long-Term Revenue Growth and Margin Expansion

Amazon (AMZN) stands at a pivotal moment in its evolution, with its Q-powered AI services set to revolutionize its growth trajectory. While Amazon has long been known for its dominance in e-commerce and cloud computing, it is the integration of artificial intelligence that positions the company for sustained growth and profitability over the next decade.
View narrative
US$434.13
FV
48.2% undervalued intrinsic discount
10.00%
Revenue growth p.a.
8users have liked this narrative
0users have commented on this narrative
31users have followed this narrative
about 2 months ago author updated this narrative
WA
Analyst Price Target
Consensus Narrative from 64 Analysts

AI And Faster Delivery Will Strengthen Future Operations

Key Takeaways Amazon's focus on cost efficiencies and AI capabilities is poised to improve net margins and profitability through enhanced delivery speed and operational efficiencies. Strategic growth in same-day delivery and pharmacy operations is expected to drive revenue by attracting customers and entering new markets.
View narrative
US$237.45
FV
5.3% undervalued intrinsic discount
10.60%
Revenue growth p.a.
3users have liked this narrative
0users have commented on this narrative
142users have followed this narrative
3 days ago author updated this narrative
GO
Goran_Damchevski
Equity Analyst

Capital Intensity, Trade Headwinds and Maturity Won't Hinder Earnings Growth

Key Takeaways Core retail business facing limited expansion room, already has a significant market share in the U.S. Ad and streaming businesses are growing and have the potential to be major drivers of future growth. The ad business is well-positioned to capitalize on the growth of e-commerce.
View narrative
US$151.21
FV
48.7% overvalued intrinsic discount
7.20%
Revenue growth p.a.
50users have liked this narrative
0users have commented on this narrative
13users have followed this narrative
about 1 month ago author updated this narrative
MI
MichaelP
Content Lead

Growth From AWS, Advertising, and 3P Sellers Will Deliver Huge Cash Flows

Key Takeaways Amazon’s earnings power is much higher than its reported profits - driven by 3P sellers, Advertising and AWS More growth to come from best-in-class customer experience, cross-selling and industry growth trends Continued reinvestment will suppress short to medium-term cash flows and hide profitability Operating leverage will drive revenue growth higher than fixed cost growth, and operating margins will increase. That growth will come from Online retail (and 3P), Cloud computing and advertising revenues Catalysts Business Catalysts Refocusing On The Core Businesses And Opportunities Will Improve Profitability Andrew Jassy’s 2nd shareholder letter from the 2022 annual report outlined the fact that Amazon is choosing to refocus on the core businesses and opportunities that they have long term conviction in.
View narrative
US$222.55
FV
1.1% overvalued intrinsic discount
15.19%
Revenue growth p.a.
89users have liked this narrative
0users have commented on this narrative
18users have followed this narrative
2 days ago author updated this narrative

Amazon.com, Inc. Competitors

Alibaba Group Holding

NYSE:BABA

US$191.2b

MercadoLibre

NasdaqGS:MELI

US$84.5b

PDD Holdings

NasdaqGS:PDD

US$140.3b

JD.com

NasdaqGS:JD

US$52.1b

Price History & Performance

Summary of share price highs, lows and changes for Amazon.com
Historical stock prices
Current Share PriceUS$224.92
52 Week HighUS$233.00
52 Week LowUS$144.05
Beta1.16
1 Month Change10.86%
3 Month Change17.39%
1 Year Change46.60%
3 Year Change31.48%
5 Year Change140.58%
Change since IPO229,607.10%

Recent News & Updates

Amazon's Sum Of The Parts Valuation Implies 40% Upside Potential

Dec 17

Is Now The Time To Look At Buying Amazon.com, Inc. (NASDAQ:AMZN)?

Dec 10
Is Now The Time To Look At Buying Amazon.com, Inc. (NASDAQ:AMZN)?

Amazon: Further Rise Likely, But Look Out For The Challenges

Dec 09

Recent updates

Amazon's Sum Of The Parts Valuation Implies 40% Upside Potential

Dec 17

Is Now The Time To Look At Buying Amazon.com, Inc. (NASDAQ:AMZN)?

Dec 10
Is Now The Time To Look At Buying Amazon.com, Inc. (NASDAQ:AMZN)?

Amazon: Further Rise Likely, But Look Out For The Challenges

Dec 09

Amazon: A Compelling Buying Opportunity

Dec 03

Amazon: Fundamentals To Accelerate, Still A Hold

Nov 27

Amazon: Keeping Up With Temu For The Long Haul

Nov 20

Amazon: A Prime Trade, Not A Prime Investment (Technical Analysis)

Nov 12

Amazon: Strong Operational Efficiency And AWS Demand Due To AI Cloud Infrastructure

Nov 05

Amazon.com, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 04
Amazon.com, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Amazon.com's (NASDAQ:AMZN) Returns On Capital Are Heading Higher

Nov 02
Amazon.com's (NASDAQ:AMZN) Returns On Capital Are Heading Higher

Amazon: AI-Driven ROI And Productivity, Plus Consumer Resilience

Oct 30

Amazon: Watch Out For A Single Number

Oct 24

Do Amazon.com's (NASDAQ:AMZN) Earnings Warrant Your Attention?

Oct 21
Do Amazon.com's (NASDAQ:AMZN) Earnings Warrant Your Attention?

Amazon: Cheaper Than You Think

Oct 17

Amazon Is Setting Up For Another Earnings Beat

Oct 10

Is There An Opportunity With Amazon.com, Inc.'s (NASDAQ:AMZN) 46% Undervaluation?

Oct 09
Is There An Opportunity With Amazon.com, Inc.'s (NASDAQ:AMZN) 46% Undervaluation?

Amazon AWS Has Enough Growth To Offset Consumer Headwinds

Oct 02

Amazon Keeps Reestablishing Its Dominance - Ignore The Noise And Stick To Champions

Sep 23

Amazon.com, Inc.'s (NASDAQ:AMZN) P/E Is On The Mark

Sep 23
Amazon.com, Inc.'s (NASDAQ:AMZN) P/E Is On The Mark

Amazon Could Benefit From Rate Cuts

Sep 16

Does Amazon.com (NASDAQ:AMZN) Have A Healthy Balance Sheet?

Sep 11
Does Amazon.com (NASDAQ:AMZN) Have A Healthy Balance Sheet?

Amazon: Loading Up On This No-Brainer Buy Now

Sep 09

Amazon's Efficiency Era Begins: Why I'm All In

Sep 02

Amazon: Robust Growth With Potential Clouds On The Horizon

Aug 26

At US$177, Is It Time To Put Amazon.com, Inc. (NASDAQ:AMZN) On Your Watch List?

Aug 18
At US$177, Is It Time To Put Amazon.com, Inc. (NASDAQ:AMZN) On Your Watch List?

Amazon: Time To Buy The Dip

Aug 18

Amazon: Nearly The Cheapest It Has Been - Buy First, Think Later

Aug 10

Results: Amazon.com, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Aug 05
Results: Amazon.com, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Amazon Is Our Favorite Ad Play

Aug 04

Amazon: Why I Expect Shares To Pop On Strong Earnings

Jul 28

Returns On Capital At Amazon.com (NASDAQ:AMZN) Have Hit The Brakes

Jul 28
Returns On Capital At Amazon.com (NASDAQ:AMZN) Have Hit The Brakes

Amazon: Never Bet Against America

Jul 21

Amazon: Creating Recession Resistant Profits

Jul 14

Amazon: The Gift That Keeps On Giving

Jul 08

Amazon: Earnings Growth Driven By Cost-Cutting, Not AI Revenue Growth (Rating Downgrade)

Jul 02

Your Margin Is My Opportunity: Amazon Vs. Nvidia Has Begun

Jun 24

Shareholder Returns

AMZNUS Multiline RetailUS Market
7D-1.1%-1.7%-2.4%
1Y46.6%33.8%23.3%

Return vs Industry: AMZN exceeded the US Multiline Retail industry which returned 33.8% over the past year.

Return vs Market: AMZN exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is AMZN's price volatile compared to industry and market?
AMZN volatility
AMZN Average Weekly Movement4.1%
Multiline Retail Industry Average Movement7.0%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: AMZN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AMZN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19941,525,000Andy Jassywww.aboutamazon.com

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.

Amazon.com, Inc. Fundamentals Summary

How do Amazon.com's earnings and revenue compare to its market cap?
AMZN fundamental statistics
Market capUS$2.35t
Earnings (TTM)US$49.87b
Revenue (TTM)US$620.13b

47.4x

P/E Ratio

3.8x

P/S Ratio

Is AMZN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AMZN income statement (TTM)
RevenueUS$620.13b
Cost of RevenueUS$319.95b
Gross ProfitUS$300.18b
Other ExpensesUS$250.31b
EarningsUS$49.87b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.74
Gross Margin48.41%
Net Profit Margin8.04%
Debt/Equity Ratio26.3%

How did AMZN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 04:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Amazon.com, Inc. is covered by 100 analysts. 63 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kadambari DaptardarAccountability Research Corporation
Rocco StraussArete Research Services LLP
James KelleherArgus Research Company