Boom Or Bust? Where Will Amazon.com Inc. (NASDAQ: AMZN) Stock Go Next?

During the last session, Amazon.com Inc. (NASDAQ:AMZN)’s traded shares were 47.34 million, with the beta value of the company hitting 1.16. At the end of the trading day, the stock’s price was $173.67, reflecting an intraday loss of -1.65% or -$2.92. The 52-week high for the AMZN share is $189.77, that puts it down -9.27 from that peak though still a striking 41.76% gain since the share price plummeted to a 52-week low of $101.15. The company’s market capitalization is $1805.68B, and the average trade volume was 42.19 million shares over the past three months.

Amazon.com Inc. (NASDAQ:AMZN) trade information

Amazon.com Inc. (AMZN) registered a -1.65% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.65% in intraday trading to $173.67, hitting a weekly high. The stock’s 5-day price performance is -3.10%, and it has moved by -2.60% in 30 days. Based on these gigs, the overall price performance for the year is 69.32%.

Amazon.com Inc. (AMZN) estimates and forecasts

Statistics show that Amazon.com Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Amazon.com Inc. (AMZN) shares have gone up 35.09% during the last six months, with a year-to-date growth rate more than the industry average at 41.38% against 16.00. In the rating firms’ projections, revenue will increase 4.20% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 133.12B as predicted by 44 analyst(s). Meanwhile, a consensus of 42 analyst(s) estimates revenue growth to 140.2B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 113.91B and 134.38B respectively. In this case, analysts expect current quarter sales to grow by 16.90% and then jump by 4.30% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 23.55%. While earnings are projected to return 44.52% in 2024, the next five years will return 30.50% per annum.

AMZN Dividends

Amazon.com Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Amazon.com Inc. (NASDAQ:AMZN)’s Major holders