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Added to YB: 2023-12-14

Pitch date: 2023-12-14

AMZN [bullish]

Amazon.com, Inc.

+52.44%

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

$148.38

Price Target

190.00 (-16%)

Dividend

N/A

EV/EBITDA

16.24

P/E

32.54

EV/Sales

3.66

Sector

Broadline Retail

Category

growth

Show full summary:
JPM pitch for AMZN

$AMZN top pick for '24: $190 PT on AWS growth, retail strength, margin expansion, FCF focus. AWS +17% on AI edge, retail gains in CPG/grocery via Prime, 5%+ op margin from logistics & ads. Bears question AWS pace, margins, AI monetization, valuation & regulatory risk.

Read full article (1 min)