Amazon.com – Consensus Indicates Potential 35.0% Upside

Broker Ratings
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Amazon.com found using ticker (AMZN) have now 48 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 232.75 and 110 calculating the mean target price we have 171.18. Now with the previous closing price of 126.82 this would imply there is a potential upside of 35.0%. The 50 day moving average now sits at 128.59 and the 200 day MA is 140.82. The market capitalisation for the company is $1,309,616m. You can visit the company’s website by visiting: https://www.amazon.com

The potential market cap would be $1,767,703m 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.

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