Amazon (AMZN) Stock Price

Financial Performance

Amazon's last quarter revenue was $155.7B, which shows a decline of -17.1% from the previous quarter and -2% YoY. The gross profit stood at $54.1B, down by -39.1% QoQ and -30.6% YoY while the operating income was $18.4B, down by -13.2% from the previous quarter indicating some pressure on profitability margins in recent quarters. The EBITDA ratio of 0.12 further confirms this trend.

Stock Price

The stock is currently trading at $231.61 with a PE ratio of 35.25 which is slightly higher than industry average indicating it might be overvalued compared to its earnings potential for investors looking for value investments but could still be attractive for growth investors given Amazon's market position and growth prospects in various sectors like e-commerce, cloud computing etc.. Over the past month, the stock price has increased by 0.3%, and over the past year, it has grown by an impressive 30%. The RSI value stands at 54 suggesting it is neither overbought nor oversold while its price remains above its long-term (200-day) moving average of $213 indicating a positive trend.

Alternative Data Signals

Some negative trends can be observed in alternative data signals where website traffic has decreased slightly both MoM (-5%) and YoY (-0%), app downloads have also seen a slight decrease MoM (-2%). Job postings are significantly lower both MoM(-20%) and YoY(-47%) possibly due to restructuring or cost cutting measures being implemented however this needs further investigation to confirm any such hypothesis based on one data point. On the positive side, 61% of employees report a positive business outlook which is a good sign for internal morale and future performance. Social media following has seen mixed trends with growth on Twitter and Instagram while decline on Facebook.

Conclusion

In conclusion, despite some recent pressures on revenue and profitability margins, Amazon's strong market position in multiple high-growth sectors, its above average stock price performance along with positive employee outlook suggests a generally bullish sentiment towards Amazon's stock. However investors should keep an eye on the alternative data signals for any further negative trends.

Note: This AI Stock Analysis is based on data as of September 15. 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 $231.4, will... Sign up to access price prediction.