Professional
Added to YB: 2024-04-22
Pitch date: 2024-04-08
AMZN [bullish]
Amazon.com, Inc.
+20.8%
current return
Author Info
No bio for this author
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
$187.24
Price Target
215.00 (-5%)
Dividend
N/A
EV/EBITDA
16.24
P/E
32.54
EV/Sales
3.66
Sector
Broadline Retail
Category
growth
RBC Capital Markets Investment Thesis: Amazon.com, Inc.
AMZN: Internet alpha dog w/ unmatched scale in e-commerce & cloud. Burgeoning ads biz is major growth opp. Regulatory risk low. 10x EV/'25E EBITDA a slight discount to peers but fair given moat, rising exposure to high-margin ads & cloud. $215 PT = 13x EV/'25E EBITDA. Risks: Expansion integration, post-COVID e-commerce, int'l Prime uptake, content rights, ad targeting/conversion, cloud competition, macro slowdown.
Read full article (1 min)