Ad
related to: what did amazon originally sell for today stock trading hours tomorrow
Search results
Results From The WOW.Com Content Network
Amazon's stock climbed as much as 6% in volatile after-hours trading shortly after the results. Despite a sharp 3.3% drop during regular trading on Thursday, the stock is still up 23% so far in 2024.
The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
Amazon (NASDAQ: AMZN) stock slipped 2.7% through 10:20 a.m. ET Monday morning after Wells Fargo analyst Ken Gawrelski downgraded the stock from overweight to equal weight (i.e., from buy to hold).
The stock trades for only 35 times forward earnings estimates today, a drop from more than 42 times just a few weeks ago. This looks particularly cheap, considering Amazon's earnings track record ...
Amazon stock is up more than 125% over the last 21 months -- and still has plenty of gas in the tank.
The beat was driven by a 16% jump in Amazon Web Services (AWS) revenue, which Amazon said is on course to generate $100 billion annually. The company reported adjusted earnings per share of $0.98 ...
Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading. Amazon had reported a loss during the same period last ...
Sundaram pointed to Amazon's 11% operating margin, which came in above Wall Street's expectations of 9.34%, as another key driver of the stock's move higher after hours. Arun noted that Amazon is ...