Amazon.com found using ticker (AMZN) now have 52 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 232.75 and 110 calculating the average target price we see 173.23. Given that the stocks previous close was at 128.73 this would imply there is a potential upside of 34.6%. The 50 day moving average now sits at 125.51 and the 200 day MA is 142.82. The company has a market capitalisation of $1,291,482m. Find out more information at: https://www.amazon.com
The potential market cap would be $1,737,928m based on the market concensus.
Amazon.com engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores. The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, and Echo and other devices; provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store; and develops and produces media content. In addition, it offers programs that enable sellers to sell their products on its websites, as well as its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, the company provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, publishing, and digital content subscriptions. Additionally, it offers Amazon Prime, a membership program, which provides free shipping of various items; access to streaming of movies and series; and other services. The company serves consumers, sellers, developers, enterprises, and content creators. Amazon.com was incorporated in 1994 and is headquartered in Seattle, Washington.