Amazon (AMZN) Stock Price

Financial Performance

Amazon's recent financial performance shows a slight decline, with revenue at $155.7B, down by -17.1% from the previous quarter and -2% year over year. Gross profit was $54.1B, showing a substantial decrease of -39.1% from the previous quarter and -30.6% YoY, indicating that the company's cost of sales has increased or sales have decreased during this period. The operating income also declined by -13.2%, which may suggest rising operational costs or decreasing sales.

Stock Price

The stock price is currently at $221.3, down by -2.2% in the last month while it is above its 200-day moving average of $210.34 suggesting a positive trend in the long term despite short-term fluctuations in price movements which could be due to market volatility or other external factors affecting investor sentiment.

Alternative Data Signals

The increase in web traffic and app downloads indicates strong consumer engagement and potential for future revenue growth as more users are interacting with Amazon's platform on a daily basis; however, declining job postings could indicate slowing business expansion or cost-cutting measures being implemented by management.

Social Media Followers

A steady increase in social media followers across multiple platforms suggests successful marketing efforts and increasing brand awareness among consumers globally; however, a slight decrease in Facebook followers may need to be monitored for any continued downward trends.

Conclusion

In conclusion, despite some negative signals such as decreased revenues and gross profits along with declining job postings, there are also positive signs including increased web traffic and app downloads along with an overall positive business outlook among employees suggesting potential for future growth. This mixed set of signals suggests a neutral outlook for Amazon's stock at this time.

Note: This AI Stock Analysis is based on data as of August 11. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Amazon (AMZN), currently trading at $230.1, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.