Added to YB: 2024-04-03
Pitch date: 2024-04-01
AMZN [bullish]
Amazon.com, Inc.
+26.31%
current return
Author Info
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Company Info
Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
Market Cap
$2.5T
Pitch Price
$179.07
Price Target
217.00 (-4%)
Dividend
N/A
EV/EBITDA
16.24
P/E
32.54
EV/Sales
3.66
Sector
Broadline Retail
Category
growth
Amazon.com, Inc. - $AMZN
AMZN: Wells Fargo raises PT to $217 on Q2 OI beat. Expect $14.5B (15% above Street) driven by $1.2B from FBA fees & cost externalization, $725M retail, $350M AWS. Q1 rev 1% above, Q2 guide $146-151B. AWS accelerating to 15-16% in Q1-Q2 on cloud migration & AI. $5.2B NA OI accretion from FBA changes.
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