Let’s Get Started On The Amazon.com Inc. (NASDAQ: AMZN) Stock Forecast.

In today’s recent session, 10.3 million shares of the Amazon.com Inc. (NASDAQ:AMZN) have been traded, and its beta is 1.15. Most recently the company’s share price was $188.43, and it changed around $2.86 or 1.54% from the last close, which brings the market valuation of the company to $1960.92B. AMZN at last check was trading at a discount to its 52-week high of $191.70, offering almost -1.74% off that amount. The share price’s 52-week low was $118.35, which indicates that the recent value has risen by an impressive 37.19% since then. We note from Amazon.com Inc.’s average daily trading volume that its 3-month average coming to 39.54 million.

Amazon.com Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.23. If we narrow it down even further, the data shows that 1 out of 47 analysts rate the stock as a Sell; another 15 rate it as Overweight. Among the rest, 3 recommended AMZN as a Hold, whereas 28 deemed it a Buy, and 0 rated it as Underweight. Amazon.com Inc. is expected to report earnings per share of 1.02 for the current quarter.

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

Instantly AMZN has been showing a green trend so far today with a performance of 1.54% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 24.02% year-to-date, but still up 2.37% over the last five days. On the other hand, Amazon.com Inc. (NASDAQ:AMZN) is 4.08% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $186.8, which translates to bulls needing to decrease their stock price by -0.87% from its current value. Analyst projections state that AMZN is forecast to be at a low of $84 and a high of $270.

Amazon.com Inc. (AMZN) estimates and forecasts

Amazon.com Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 22.48 percent over the past six months and at a 57.93% annual growth rate that is well above the industry average of 16.20%. The year-over-year growth rate is expected to be 11.00%, up from the previous year.

Consensus estimates provided by 39 financial analysts predict the company will bring in an average of 148.47B in revenue for the current quarter. 38 analysts expect Amazon.com Inc. to make 158.14B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 134.38B and 141.41B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 10.50%. Forecasts for the next quarter put sales growth at 11.80%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 23.55%. Amazon.com Inc. earnings are expected to increase by 57.66% in 2024, but the outlook is positive 30.50% per year for the next five years.

AMZN Dividends

Amazon.com Inc.’s next quarterly earnings report is expected to be released in July.