Amazon (AMZN)

Financial Performance

Amazon's revenue last quarter was $158.9B, a growth of 7.4% from the previous quarter but a decline of -6.5% year over year. The gross profit stood at $77.9B, marking a 5% quarterly increase and a slight annual growth of 0.6%. Operating income profit was $17.4B, showing considerable growth both quarterly (18.7%) and annually (31.8%). The EBITDA ratio for the last quarter was relatively low at 0.2.

Stock Price

The current stock price is $205.74, with an impressive monthly increase of 9.6% and annual rise of 40.6%. The technical indicators show that the RSI value is currently at a balanced level of around 43.68, suggesting neither overbought nor oversold conditions generally speaking.The stock's price is above its 200-day moving average ($184.12), indicating an overall upward trend in the longer term.

Alternative Data Signals

Website traffic trends show that Amazon has approximately over two billion visitors per month, though there has been a significant decrease (-27%) compared to last year despite recent monthly gains (+6%). App downloads have seen massive surges both on a monthly basis (+3392%) and annually (+3146%). Job postings are slightly down by -5%, while employee business outlook remains positive with about six out of ten employees expressing optimism about their company’s future prospects without any change from the prior month.
Social media followership shows mixed results: while Twitter (+3%), Instagram (+18%), and TikTok (+16%) have seen increases in followership in the past three months, Facebook has seen a slight decrease (-0.5%).

Conclusion

Overall, Amazon's stock performance is strong with solid growth in stock price and robust financial performance despite some decline in revenue YoY. The company's EBITDA ratio is low, suggesting it may be undervalued. Alternative data signals show mixed results with significant increases in app downloads but a decrease in web traffic YoY and job postings MoM. Social media followership is generally increasing except for Facebook.
Therefore, the analysis of Amazon’s stock can be considered as bullish.

Note: This AI Stock Analysis is based on data as of November 28. 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 $205.7, 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.