In the latest trading session, 7.68 million Amazon.com Inc (NASDAQ:AMZN) shares changed hands as the company’s beta touched 1.15. With the company’s most recent per share price at $222.60 changing hands around $4.84 or 2.22% at last look, the market valuation stands at $2340.65B. AMZN’s current price is a discount, trading about -4.67% off its 52-week high of $233.00. The share price had its 52-week low at $149.91, which suggests the last value was 32.65% up since then. When we look at Amazon.com Inc’s average trading volume, we note the 10-day average is 28.83 million shares, with the 3-month average coming to 37.64 million.

Analysts gave the Amazon.com Inc (AMZN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.27. If we narrow down to specifics, the data shows that 0 out of 44 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 3 recommended AMZN as a Hold, 40 felt it is a Buy and 0 rated the stock as Underweight. Amazon.com Inc’s EPS for the current quarter is expected to be 1.48.

Amazon.com Inc (NASDAQ:AMZN) trade information

Instantly AMZN is in green as seen in intraday trades today. With action 0.22%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 1.46%, with the 5-day performance at 0.22% in the green. However, in the 30-day time frame, Amazon.com Inc (NASDAQ:AMZN) is -2.78% down. Looking at the short shares, we see there were 82.86 million shares sold at short interest cover period of 2.29 days.

The consensus price target for the stock as assigned by Wall Street analysts is 225, meaning bulls need an upside of 1.07% from its recent market value. According to analyst projections, AMZN’s forecast low is 210 with 270 as the target high. To hit the forecast high, the stock’s price needs a -21.29% plunge from its current level, while the stock would need to tank 5.66% for it to hit the projected low.

Amazon.com Inc (AMZN) estimates and forecasts

Data shows that the Amazon.com Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 15.33% over the past 6 months, a 82.07% in annual growth rate that is considerably higher than the industry average of 12.40%. Year-over-year growth is forecast to reach 10.97% up from the last financial year.

Consensus estimates given by 46 financial analysts project the company’s revenue in the current quarter to hit an average of 187.28B. 35 analysts are of the opinion that Amazon.com Inc’s revenue for the current quarter will be 158.57B. The company’s revenue for the corresponding quarters a year ago was 169.96B and 143.31B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 10.19%. The estimates for the next quarter sales put growth at 10.65%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 23.55%. The 2025 estimates are for Amazon.com Inc earnings to increase by 77.48%, but the outlook for the next 5-year period is at 18.00% per year.

AMZN Dividends

Amazon.com Inc is expected to release its next quarterly earnings report in February.

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

If we look at who the major shareholders are, we find that insiders hold 10.13% of Amazon.com Inc shares while 64.36% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 71.61%. There are 64.36% institutions holding the Amazon.com Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 7.3806% of the shares, roughly 767.07 million AMZN shares worth $148.24 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.2417% or 648.7 million shares worth $125.36 billion as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 299.43 shares estimated at $66.53 billion under it, the former controlled 2.85% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.33% of the shares, roughly 244.62 shares worth around $54.35 billion.