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The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1] Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day. The list is expressed in USD millions, using exchange rates from ...
History of Amazon. Jeff Bezos, who founded Amazon in his Bellevue, Washington garage in 1994. Amazon is an American multinational technology company which focuses on e-commerce, cloud computing, and digital streaming. It has been referred to as "one of the most influential economic and cultural forces in the world", [1] and is one of the world ...
As of June 2022, Amazon's board of ... Amazon's market capitalization went over US$1 trillion again in early February 2020 after the announcement of the fourth ...
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.
Data by YCharts. Amazon's price-to-earnings (P/E) ratio is high at 42. However, that figure is significantly lower than its 10-year average, a period when the company's stock price rose 958% ...
Market cap is given by the formula =, where MC is the market capitalization, N is the number of common shares outstanding, and P is the market price per common share. [ 8 ] For example, if a company has 4 million common shares outstanding and the closing price per share is $20, its market capitalization is then $80 million.
Market capitalization can impact how you construct an investment portfolio. Experts generally recommend diversification , meaning owning a combination of small-, mid- and large-cap companies.
In November 2022, Amazon fell below $1 trillion for the first time since 2020, [23] part of a 51% decline from $1.7 trillion at the beginning of 2022 to $834 billion at the end of the year. [24] By May 2023, Amazon stock was again worth more than $1 trillion. [25] In June 2024, Amazon crossed $2 trillion in market capitalization. [26]