AmazonAMZN
Market Cap: 1.9T
About: Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 75% of total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (15%), advertising services (5% to 10%), and other the remainder. International segments constitute 25% to 30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.
Employees: 1,525,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
46% more first-time investments, than exits
New positions opened: 265 | Existing positions closed: 182
22% more repeat investments, than reductions
Existing positions increased: 2,232 | Existing positions reduced: 1,831
17% more capital invested
Capital invested by funds: $999B [Q4 2023] → $1.17T (+$173B) [Q1 2024]
9% more funds holding in top 10
Funds holding in top 10: 1,564 [Q4 2023] → 1,701 (+137) [Q1 2024]
2% more funds holding
Funds holding: 4,575 [Q4 2023] → 4,658 (+83) [Q1 2024]
0.52% less ownership
Funds ownership: 61.05% [Q4 2023] → 60.53% (-0.52%) [Q1 2024]
11% less call options, than puts
Call options by funds: $33.9B | Put options by funds: $38.2B
Research analyst outlook
78 Wall Street Analysts provided 1 year price forecasts over the past 6 months
78 analyst ratings
Wedbush Scott Devitt | 23%upside $225 | Outperform Reiterated | 26 Jul 2024 |
BMO Capital Brian Pitz | 26%upside $230 | Outperform Maintained | 25 Jul 2024 |
Morgan Stanley Brian Nowak | 32%upside $240 | Overweight Maintained | 23 Jul 2024 |
JMP Securities Nicholas Jones | 23%upside $225 | Market Outperform Reiterated | 23 Jul 2024 |
Bernstein Mark Shmulik | 18%upside $215 | Outperform Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 518 articles about AMZN published over the past 30 days