Professional
Added to YB: 2024-05-31
Pitch date: 2024-05-31
AMZN [bullish]
Amazon.com, Inc.
+27.29%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
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
$177.70
Price Target
245.00 (+8%)
Dividend
N/A
EV/EBITDA
16.24
P/E
32.54
EV/Sales
3.66
Sector
Broadline Retail
Category
growth
Show full summary:
Amazon's Strategic AI and Prime Membership Initiatives (Tigress Financial Partners)
AMZN: PT raised to $245 at Tigress on strong AWS growth driven by AI demand. Prime benefits expanding with GrubHub partnership. Grocery sales a key driver. New AI shopping assistant Rufus rolled out. 2B+ units delivered same/next day in Q1. 36%+ upside seen.
Read full article (2 min)