Amazon (AMZN) Stock Price

Financial Performance

Amazon's revenue last quarter was $155.7B, representing a decrease of -17.1% from the previous quarter and -2% year over year. The gross profit stood at $54.1B, down by -39.1% from the previous quarter and down by -30.6% year over year, indicating a contraction in profitability margins. The operating income profit was $18.4B, which is also down by -13.2%. The EBITDA ratio was 0.12 for the last quarter.

Stock Price

The stock is currently trading at $225.03, showing an increase of 6.1% in the last month and a rise of 15.7% YoY which indicates positive momentum for investors in recent times despite some volatility in market conditions overall.The RSI value stands at 66.59 suggesting that Amazon's stock could be approaching overbought territory while its price is above the 200-day moving average of $206.53 indicating bullish sentiment.

Alternative Data Signals

The company’s website traffic stands at approximately 2585916744 visitors per month, up by 0..5%. Mobile app downloads have seen a significant surge with an estimated daily download rate of 7665776, up by an impressive 3247.% MoM and up by a staggering 2321.% YoY which suggests strong consumer engagement levels with Amazon's services across platforms.Job postings are currently standing at around 21000 positions open but they have decreased slightly recently (down by -8.% MoM). Employee outlook remains largely positive with about %61 reporting optimism about business prospects although this has dropped slightly YoY (-1.%). Social media following shows mixed trends with a slight increase in Instagram and TikTok followers but stagnant growth on Twitter and a minor decrease on Facebook.

Conclusion

In conclusion, while Amazon's financial performance shows some contraction in profitability margins, the stock price demonstrates positive momentum. The company's digital engagement metrics show strong consumer interest despite some mixed signals from employees and social media followers. Therefore, based on this analysis, the AI stock analysis for Amazon is cautiously bullish.

Note: This AI Stock Analysis is based on data as of July 14. 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 $226.4, 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.