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Amazon reported fourth quarter earnings that beat analysts' expectations Thursday and delivered an optimistic outlook for the months ahead.The stock climbed more than 6% in early trading on Friday.
September 8, 2024 at 5:46 AM. On the surface, Amazon (NASDAQ: AMZN) stock may look expensive. Shares trade at 41 times earnings. But a look beneath the hood shows a number of reasons why the stock ...
AMZN PE Ratio data by YCharts.. From the last time Amazon traded around this level (in 2010) until now, Amazon stock has gained more than 3,000%. A low valuation can mean a few things.
BofA Securities analyst Justin Post maintained a Buy rating on Amazon.Com Inc (NASDAQ:AMZN) with a price target of $210. The re-rating reflects CEO Andy Jassy’s goal for a leaner Amazon by the ...
On the other hand, the e-commerce and cloud-computing giant has actually been lagging behind the broader market in 2024. While Amazon stock has risen roughly 17.5% across this year's trading, the ...
Jeff Bezos's home in Bellevue, Washington, where the company was founded in 1994. Amazon was founded on July 5, 1994, by Jeff Bezos after he relocated from New York City to Bellevue, Washington, near Seattle, to operate an online bookstore. Bezos chose the Seattle area for its abundance of technical talent from Microsoft and the University of ...
The median 12-month Amazon stock price forecast is currently $172, or about 39% above current levels. The highest price forecast is $215 and the lowest is $110.
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