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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 ...
The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
The stock closed up nearly 4% at a record $193.61, giving the e-commerce giant the fifth company to join the $2 trillion club, following tech behemoths Microsoft, Apple, Nvidia and Alphabet.
Amazon's stock climbed as much as 6% in volatile after-hours trading shortly after the results. Despite a sharp 3.3% drop during regular trading on Thursday, the stock is still up 23% so far in 2024.
Here's what else happened today: The Trump trade has wavered as Kamala Harris' odds of winning the election rose in betting markets. Why investors should rotate into smaller stocks , according to ...
Shares of Amazon (NASDAQ: AMZN) rallied today, up as much as 3% before retreating to a 2.2% gain as of 2:52 p.m. ET. Still, the e-commerce and cloud giant touched an all-time high on a day in ...
Amazon climbed 6.2% after delivering a bigger profit for the latest quarter than analysts expected and was the strongest force pushing the S&P 500 higher. Stock market today: Amazon leads Wall ...
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.