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Amazon (NASDAQ: AMZN) stock is gaining ground in Tuesday's trading. The company's share price was up 2.7% as of 3 p.m. ET. Meanwhile, the S&P 500 index was up 0.4%, and the Nasdaq Composite index ...
JPMorgan has an "overweight" rating on Amazon and a $230 price target. This suggests nearly 23% upside from current levels. Amazon's consensus third-quarter net sales estimate is $157.29 billion.
The median 12-month Amazon stock price forecast is currently $170, or about 42% above current levels. The highest price forecast is $200 and the lowest is $85. Is Amazon a Good Long-Term Investment?
Both companies beat analyst estimates, with Amazon stock surging about 6%. Apple stock fell after earnings, however, as weakness in its China business weighed on sentiment, dropping more than 1% ...
Today, Amazon stock trades at a price-to-sales ratio of 3.5 and a price-to-earnings ratio of 44. It has $620 billion in trailing-12-month sales, and $50 billion in trailing-12-month net income.
Amazon reported fourth quarter earnings that beat analysts' expectations Thursday and delivered an optimistic outlook for the months ahead. The stock climbed more than 6% in early trading on Friday.
Analyst Mark Mahaney recently increased the 12-month price target on the stock to $240 from $225. This target reflects an upside potential of roughly 30%. Mahaney continues to view Amazon as his ...
Jobless claims from last week fell by more than expected to 216,000, a 12,000 drop from the week prior. Economists had expected claims to come in at 230,000. Here's where US indexes stood shortly ...