Amazon.com Inc (AMZN): Why Is Stock So Good?

In the last trading session, 29.36 million Amazon.com Inc (NASDAQ:AMZN) shares changed hands as the company’s beta touched 1.34. With the company’s per share price at $204.07 changed hands at -$2.09 or -1.01% during last session, the market valuation stood at $2166.48B. AMZN’s last price was a discount, traded about -18.84% off its 52-week high of $242.52. The share price had its 52-week low at $151.61, which suggests the last value was 25.71% up since then.

Analysts gave the Amazon.com Inc (AMZN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.22. 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 (NASDAQ:AMZN) trade information

Instantly AMZN was in red as seen at the end of in last trading. With action -3.45%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -6.98%, with the 5-day performance at -3.45% in the red. However, in the 30-day time frame, Amazon.com Inc (NASDAQ:AMZN) is 21.96% up.

The consensus price target for the stock as assigned by Wall Street analysts is 250, meaning bulls need an upside of 18.37% from its current market value. According to analyst projections, AMZN’s forecast low is 225 with 270 as the target high. To hit the forecast high, the stock’s price needs a -32.31% plunge from its current level, while the stock would need to soar -10.26% for it to hit the projected low.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 36.89%. The 2025 estimates are for Amazon.com Inc earnings to increase by 11.88%, but the outlook for the next 5-year period is at 17.16% per year.

AMZN Dividends

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

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.2094% or 648.7 million shares worth $125.36 billion as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 296.49 shares estimated at $60.5 billion under it, the former controlled 2.79% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.39% of the shares, roughly 253.32 shares worth around $51.7 billion.

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