Amazon (AMZN) Stock Price

Financial Performance

Amazon's last quarter revenue was $155.7B, a decline of -17.1% from the previous quarter and -2% year over year. The gross profit was $54.1B, also down by -39.1% from the previous quarter and by -30.6% year over year. Operating income profit was $18.4B, showing a decrease of -13.2% from the previous quarter, with an EBITDA ratio of 0.12.

Stock Price

The stock is currently trading at $226.13 which is up by 6.6% in the last month and up by 23.1% year over year; it shows a positive trend for Amazon's stock price performance with an RSI value at 59 indicating neutral to somewhat bullish momentum in recent weeks; The stock's moving average over the past 200 days is $206 which indicates that it has been performing well above its long-term trend.

Alternative Data Signals

In terms of alternative data signals, web traffic trends show an estimated monthly visitor count of approximately two billion five hundred eighty-five million nine hundred sixteen thousand seven hundred forty-four (2585916744), while mobile app downloads are estimated at around eight million per day (8017939). Both these figures indicate strong customer engagement with their platforms despite minor fluctuations in growth rates month on month or yearly basis.

The company currently has around twenty-two thousand job openings reflecting a steady demand for workforce expansion despite slight decreases month on month or yearly basis.

Around sixty-one percent (61%) of employees have reported having a positive business outlook which suggests good employee morale within the company but this figure has slightly decreased year over year.

Social media followers on various platforms such as Twitter, Instagram, TikTok and Facebook have shown mixed trends with some platforms showing growth while others are slightly declining. However, the overall social media presence for Amazon remains strong.

Conclusion

In conclusion, despite some minor setbacks in terms of quarterly performance and a slight decrease in employee morale, Amazon's stock has been performing well with positive price trends and strong customer engagement signals from their platform usage data. These factors contribute to a bullish outlook for the company's stock performance.

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 $226.1, 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.