AmazonAMZN
Market Cap: $1.8T
About: Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 75% of total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (15%), advertising services (5% to 10%), and other the remainder. International segments constitute 25% to 30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.
Employees: 1,525,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
42% more repeat investments, than reductions
Existing positions increased: 2,441 | Existing positions reduced: 1,724
15% more first-time investments, than exits
New positions opened: 204 | Existing positions closed: 178
8% more capital invested
Capital invested by funds: $1.2T [Q1] → $1.3T (+$94.2B) [Q2]
7% more funds holding in top 10
Funds holding in top 10: 1,713 [Q1] → 1,825 (+112) [Q2]
1% more funds holding
Funds holding: 4,710 [Q1] → 4,736 (+26) [Q2]
0.4% more ownership
Funds ownership: 62.13% [Q1] → 62.53% (+0.4%) [Q2]
15% less call options, than puts
Call options by funds: $32.3B | Put options by funds: $38.2B
Research analyst outlook
38 Wall Street Analysts provided 1 year price targets over the past 3 months
38 analyst ratings
Cantor Fitzgerald Deepak Mathivanan 53% 1-year accuracy 9 / 17 met price target | 34%upside $230 | Overweight Initiated | 5 Sept 2024 |
Cantor Fitzgerald Deepak Mathivanan 53% 1-year accuracy 9 / 17 met price target | 34%upside $230 | Overweight Initiated | 4 Sept 2024 |
JMP Securities Nicholas Jones 63% 1-year accuracy 41 / 65 met price target | 55%upside $265 | Market Outperform Maintained | 3 Sept 2024 |
Wells Fargo Ken Gawrelski 59% 1-year accuracy 26 / 44 met price target | 31%upside $225 | Overweight Maintained | 26 Aug 2024 |
Morgan Stanley Brian Nowak 64% 1-year accuracy 18 / 28 met price target | 23%upside $210 | Overweight Maintained | 6 Aug 2024 |
Financial journalist opinion
Based on 263 articles about AMZN published over the past 30 days