AmazonAMZN
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 Q2 SEC filings by fund managers ($100M+ AUM)
41% more repeat investments, than reductions
Existing positions increased: 2,457 | Existing positions reduced: 1,737
35% more first-time investments, than exits
New positions opened: 215 | Existing positions closed: 159
8% more capital invested
Capital invested by funds: $1.2T [Q1] → $1.3T (+$94.8B) [Q2]
7% more funds holding in top 10
Funds holding in top 10: 1,717 [Q1] → 1,840 (+123) [Q2]
1% more funds holding
Funds holding: 4,725 [Q1] → 4,781 (+56) [Q2]
0.43% more ownership
Funds ownership: 62.13% [Q1] → 62.56% (+0.43%) [Q2]
15% less call options, than puts
Call options by funds: $32.3B | Put options by funds: $38.2B
Research analyst outlook
45 Wall Street Analysts provided 1 year price targets over the past 3 months
45 analyst ratings
Pivotal Research Jeffrey Wlodarczak 80% 1-year accuracy 12 / 15 met price target | 39%upside $260 | Buy Initiated | 11 Oct 2024 |
DA Davidson Gil Luria 35% 1-year accuracy 13 / 37 met price target | 26%upside $235 | Buy Maintained | 10 Oct 2024 |
Telsey Advisory Group Joseph Feldman 61% 1-year accuracy 95 / 156 met price target | 15%upside $215 | Outperform Maintained | 10 Oct 2024 |
Cantor Fitzgerald Deepak Mathivanan 62% 1-year accuracy 23 / 37 met price target | 13%upside $210 | Overweight Maintained | 9 Oct 2024 |
Wells Fargo Ken Gawrelski 67% 1-year accuracy 26 / 39 met price target | 2%downside $183 | Equal-Weight Downgraded | 7 Oct 2024 |
Financial journalist opinion
Based on 371 articles about AMZN published over the past 30 days