Amazon (AMZN) Stock Price

Financial Performance

Amazon's revenue remained stable in the last quarter at $187.8B, indicating a steady business performance. The company has shown substantial growth in gross profit, with a year-over-year increase of 19.8%, which suggests an improved cost efficiency and pricing strategy. However, the operating income remained unchanged from the previous quarter, implying that operational costs are being managed effectively but there is no significant improvement. The EBITDA ratio of 0.11 indicates moderate profitability.

Stock Price

The current stock price is $186.54, showing a decrease by -5.8% over the last month, which might concern short-term investors. The RSI value stands at 52.76 suggesting neither overbought nor oversold conditions while the stock price is below its 200-day moving average of $199.33 indicating bearish market sentiment for Amazon's stock.

Alternative Data Signals

Amazon's web traffic has increased by nearly 10% on a monthly basis but shows a yearly decline of -12%. This could suggest seasonal fluctuations or changing consumer behavior patterns towards online shopping platforms like Amazon during this time period.
The massive surge in app downloads signifies growing popularity and acceptance among consumers which could potentially lead to higher revenues going forward.
A slight decrease in job postings may suggest slower expansion plans or cost-cutting measures.
Employee outlook remains positive with about 62% employees having positive business outlook indicating good internal morale and confidence in company’s future prospects.
In terms of social media followership, Amazon has seen mixed trends with notable growth on Instagram and TikTok but slight decline on Facebook.

Conclusion

In conclusion, despite some short-term challenges reflected in the stock price, Amazon's solid gross profit growth, stable revenue, and strong alternative data signals such as massive surge in app downloads and positive employee outlook suggest a promising future. Therefore, the AI analysis is neutral to slightly bullish on Amazon's stock.

Note: This AI Stock Analysis is based on data as of April 24. 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 $186.5, 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.