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Shares of Amazon (NASDAQ: AMZN) slipped as investors were disappointed with the company's first-quarter revenue forecast. Amazon' stock is still up about 35% over the past year, as of this writing.
E-commerce pioneer Amazon (NASDAQ: AMZN) stock has been a roller-coaster ride in recent years. Share prices soared more than 50% in three of the last eight years, mixed in with a 50% drop in 2022.
Image source: Amazon. Amazon stock appears expensive, but its valuation might be justified. Before considering whether to buy Amazon stock ahead of Feb. 6, we should first examine its valuation.
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?
Amazon (NASDAQ: AMZN) is one of the best-performing stocks of all time, up more than 200,000% since its IPO in 1997. For early investors who held the stock, Amazon has delivered life-changing returns.
Amazon (NASDAQ: AMZN) stock is retreating in Friday's trading. The company's share price was down 3.5% as of 3:10 p.m. ET amid a 1.7% decline for the S&P 500 (SNPINDEX: ^GSPC) and a 2.2% decline ...
Amazon stock falls more than 3% ahead of 3rd-quarter earnings report Markets Insider Amazon fell as much as 3.9% on Thursday and was trading 3.5% lower as of 3:25 p.m. in New York.
Amazon stock closed 6% higher on Friday after the company reported stronger revenue and earnings per share for the third quarter than ... Analysts had forecast $186.36 billion in revenue for the ...