Connect with us
  • tg

AMAZON

Amazon News

VIEW MORE
RFK Jr running mate injects needed cash in independent’s campaign
10 hours ago

RFK Jr running mate injects needed cash in independent’s campaign

By Stephanie Kelly (Reuters) – The role Robert F. Kennedy Jr.’s running mate, Nicole Shanahan, will play in his White House bid is coming into…

Iran signals no plan to retaliate against Israel after drone attack
10 hours ago

Iran signals no plan to retaliate against Israel after drone attack

By Parisa Hafezi and James Mackenzie DUBAI/JERUSALEM (Reuters) -Explosions echoed over an Iranian city on Friday in what sources said was an Israeli attack, but…

IMF says Latam, Caribbean economies resilient but more growth is needed
10 hours ago

IMF says Latam, Caribbean economies resilient but more growth is needed

By Rodrigo Campos (Reuters) – Stronger macroeconomic policy is partly behind the resilience of economies across Latin America and the Caribbean, the International Monetary Fund…

Rogers Sugar Inc.: Conference Call “ 2nd Quarter 2024 Results
10 hours ago

Rogers Sugar Inc.: Conference Call “ 2nd Quarter 2024 Results

VANCOUVER, British Columbia, April 19, 2024 (GLOBE NEWSWIRE) — Rogers (NYSE:) Sugar Inc. (RSI) will be holding a conference call to discuss their 2024 second…

ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Zoetis Inc. Investors to Inquire About Securities Class Action Investigation “ ZTS
10 hours ago

ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Zoetis Inc. Investors to Inquire About Securities Class Action Investigation “ ZTS

NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims…

Amazon.com, Inc. Common Stock is one of the most popular trading stocks in the same line as Tesla, Microsoft, and Apple. That is why “what’s the price of AMZN stock” is one of the most popular requests.

What is AMZN stock price today?

Amazon’s current stock price is $106.22, which is higher by +2.47% recently. We monitor the current stock price of AMZN frequently. You can update this page and visit Letizo.com to know up-to-date information.

After-hours

AMZN’s after-hours stock price is $105.80, which decreased by -0.40%.

Note: Investors may trade in the After Hours Market (4:00-8:00 p.m. ET).

Pre-market

AMZN pre-market stock price is always available before stocks are open.

Note: Investors may trade in the Pre-Market (4:00-9:30 a.m. ET).

Historical price

Amazon’s historical stock price can be seen in the graphic: On the 1st of November 2021, the AMZN stock price chart was $175.35.

On the 2nd of March 2022 and the 1st of June 2022, we can see a massive AMZN stock price target drop—from $163.00 to $106.22.

Amazon stock price forecast

According to Money CNN, The 44 experts stating 12-month price prediction for Amazon.com Inc have a median Amazon stock price target of $175.00, with a maximum pick estimate of $215.00 and a minimal estimate of $107.00. The medium price represents a +64.75% increase from the last price of $106.22. Also you can see Msft stock price and Nflx stock price chart.

According to Tipranks and the forecast made by 38 Wall Street analysts, Amazon’s stock price prediction for 12 months is $178.56 on average, with a possible minimum of $107.00 and a maximum of $212.50. The middle price target illustrates a 68.21% change from the last chart of $106.16.

Wallet Investor Prediction Rates for the future:

  • 45-Day Moving Median: 316.555;
  • 90-Day Moving Common: 342.827;
  • 52 Week Maximum: 615.010;
  • 52 Week Minimum: 145.815.

Moreover, Trading Education experts are stating that AMZN stock price prediction 2025 is expected that the average target is going to be $4350. Such analysis was created after the assumption of 45 analysts. The possible maximum is $4550 and the minimum $4150.

Warning: no one can exactly what the price will be. The assumptions are made by experts that examine the indicators and previous information.

AMZN Stock Overview

  • Type: Common Stock;
  • Field: Consumer Cyclical;
  • Industry: Internet Retail;
  • Ceo: Jeffrey Bezos;
  • Country Name: USA;
  • Exchange: NASDAQ.

Thank you for reading our article!

Amazon review

It is possible to start a successful business without money, friends, or family, but not without an idea. This is fully true of one of the largest companies of our time: Amazon. For a long period, it remained unprofitable, but thanks to the faith of its founder and his team, it was able to go through fire, water and brass pipes, reaching a multibillion-dollar capitalization.

In general, a funny story happened with the name of the company. Originally, Bezos named the store with the magic word “Cadabra”. But there was a slight misunderstanding. When the entrepreneur was discussing their project with a lawyer on the phone, they heard the entrepreneur say not Cadabra, but Cadaver, which translates as “corpse”. Naturally, the lawyer advised them to change the name. Well, Jeff came up with a new one that starts with the first letter of the alphabet to be in the first numbers of any reference system.

The company became known as Amazon, after the famous South American Amazon River. And there’s some meaning and symbolism here, too. The fact is that the Amazon is the longest river in the world.

Well, the ambitious entrepreneur wanted to create no less than the biggest store in the world. That’s why in 1994, Jeff Bezos gave up his career as an employee and opened his own business. He immediately decided to take up e-commerce. However, he did not have much money at the early stage. He borrowed some of it from his parents (about $250,000), and then added some of his own. The business, as is often the case in the U.S., began in his garage. The entrepreneur selected the first categories of goods (mostly books) and began trading.

The company now focuses on creating video content, primarily for the Amazon Prime television network. The company’s broad product portfolio, superior user experience, deals and customer feedback have helped it take the lead in the fast-growing e-commerce market. Building its own infrastructure and global expansion, including into Asian markets, will give the company a strong foothold. The acquisition of Dubai-based e-commerce giant Souq will strengthen its presence in countries such as Egypt, Saudi Arabia, and the UAE.

AMZN stock analysis – AMZN price

Until 2001, Amazon was a loss-making enterprise, and many investors called Bezos almost a philanthropist who cares more about the customer than about his own financial well-being. However, Jeff saw further than his nose. Since 2000, his company has experienced a dizzying rise. And here’s how:

  • Successful acquisitions (e.g., the streaming service Twitch and the famous MGM movie studio were acquired);
  • strategic development not only in e-commerce, but also in other areas. For example, in the areas of cloud storage (Amazon’s AWS technology), e-book readers (Amazon Kindle), and so on;
  • The increase in the number of employees (more than a million people working at the moment).

All this eventually led, of course, to Bezos becoming the richest man in the world in 2018. And in 2020, he was the first whose fortune surpassed $200 billion. 

Of course, Jeff had his successes as well as his failures. For example, the launch of Amazon’s own phone, the Fire Phone, ended in a failure. Also, Donald Trump accused Bezos of ruining the U.S. Postal Service. Also, many employees were often dissatisfied with the working conditions at the company. All of this led management to raise all British and U.S. workers’ wages to $15 an hour in 2018.

Still, all these difficulties have not hindered Amazon’s prosperity. It is by far the largest marketplace in the entire world. Stock AMZN near a high AMZN stock chart history. You can also use Nvidia stocks for investments.

AMZN stock analysis

Yes, anyone can become a shareholder in Amazon. There are currently more than 508 million securities in the public domain – enough for anyone. The IPO was conducted back in 1997 on NASDAQ. The company was given the ticker symbol, $AMZN. Initially, shares were priced at just 18 cents apiece. In July 2021, they reached their all-time high of $3,773.08. Thus, securities went up nearly 21,000 times.

You have to consider that Amazon had three splits in the 90s, which means that the number of shares outstanding was increasing, and hence their Amazon stock price today was decreasing. Imagine what would have happened if they were gone.

Despite the lifting of the coronavirus restrictions, the last quarter was particularly strong for the company, with EPS of $27.75 per share versus a forecast of $3.73. while revenue was up 9 percent, to $137.4 billion, versus a forecast of $137.6 billion. Part of the phenomenal results can be attributed to the $11.8 billion in revenue from Rivian Automotive’s IPO. Nevertheless, Amazon stock could still be shaken on the back of tighter monetary policy in the U.S.

Amazon’s Dividends

Amazon has never paid a dividend. Until 2001, it was understandable – there were simply no profits. And then the business concept did not include payments to shareholders. Management preferred to invest in growth rather than pay security holders.

So what is the point of investing in the Bezos venture? It is simple: Amazon’s share price has been steadily growing for more than 10 years. This is the logic that guides the company’s main shareholders. They are, of course, institutional investors. They are clearly not afraid of the lack of payments. Rather, they are interested in the growth of the company’s capitalization. The largest shareholders are The Vanguard Group (6.19%), BlackRock (3.51%) and T. Rowe Price (3.23%).

Amazon stock forecast

Amazon has some challenges in the trading segment. For example, at the end of 2021 there were problems with logistics and transportation. The company’s costs went up, and consequently, profits went down.

However, there are positives on which the big players’ forecasts for Amazon are likely based. The organization is a highly diversified business. In addition to trading, the company is involved in cloud computing, streaming, advertising, and more. So if there is a sagging cash flow in one area, the other areas will offset it.

In 20 years, Amazon has evolved from a small company selling books into the undisputed market leader in e-commerce in the U.S., reaching more than 40% market share in 2021. In its niche, the company is confidently leaving its direct competitors Walmart and eBay far behind, expanding its segments of presence and becoming an ecosystem, following the example of other tech companies such as Apple, Google, Microsoft and Facebook.

At the moment AMZN stock growth rate is a strong player in the market, which through constant investment in its development and extensive diversification of its activities, will not soon lose its niche. AMZN Nasdaq analysts promise investors growth.

Show more

©2021-2024 Letizo All Rights Reserved