FAQs
Amazon has a market cap or net worth of $1.94 trillion as of June 20, 2024. Its market cap has increased by 49.13% in one year.
What is Amazon's profit in 2024? ›
The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations.
Has Amazon's free cash flow turned positive? ›
For the trailing-12-month period ended March 31, Amazon's free cash flow was $50.1 billion. Since bottoming out last spring, Amazon has turned its ship around and consistently generated positive cash flow. One of the big contributors to this turnaround is some acceleration in the cloud business in particular.
What is Amazon's annual net income? ›
For the first time in almost a decade, online retail platform Amazon reported a net loss of 2.7 billion U.S. dollars in 2022. After that, in 2023, the net income amounted to 30.4 billion U.S. dollars.
How much will Amazon be in 2025? ›
Long-Term Amazon Stock Price Predictions
| Year | Prediction | Change |
|---|
| 2025 | $ 236.73 | 28.45% |
| 2026 | $ 304.09 | 64.99% |
| 2027 | $ 390.60 | 111.94% |
| 2028 | $ 501.73 | 172.23% |
2 more rowsAmazon Stock: Wall Street Projections For 2024
Further, FactSet data shows those analysts have, on average, set a 12-month price target of 221.73 for Amazon stock, according to FactSet. That implies roughly 20% upside from Amazon's closing price on June 17.
How is Amazon doing financially? ›
Whereas Amazon net sales increased to $143.3 billion in its fiscal first quarter (up 13% from $127.4 billion in Q1 2023), its operating income more than tripled. Amazon operating income grew to $15.3 billion in Q1 2024 from $4.8 billion in Q1 2023.
How many years did it take Amazon to become profitable? ›
This can come at a hefty price. Amazon, one of today's biggest multinational companies dominating the e-commerce industry, only turned its first profit nine years after being founded.
Who are Amazon's biggest competitors? ›
Amazon's biggest direct competitors include Walmart, eBay, the Alibaba Group, Target, as well as more localized eCommerce marketplaces (such as Otto or Rakuten). In the video streaming segment, Amazon's biggest competitors are Netflix, Rakuten, HBO, Disney, and Apple TV+. Who are Amazon's indirect competitors?
Is Amazon financially healthy? ›
Amazon.com has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
It is common knowledge that Amazon (NASDAQ:AMZN) has been bleeding cash for a few quarters by now (see the chart below). Its Free Cash Flow ("FCF") nosedived since 2021 from positive levels (more than $20B) into the red and remained there. In the meantime, the company has also issued a few more common shares.
How much cash does Amazon have on hand? ›
Amazon cash on hand for the quarter ending March 31, 2024 was $85.074B, a 32.09% increase year-over-year. Amazon cash on hand for 2023 was $86.78B, a 23.93% increase from 2022. Amazon cash on hand for 2022 was $70.026B, a 27.09% decline from 2021.
What is Amazon's biggest source of income? ›
Retail remains Amazon's primary source of revenue, with online and physical stores together accounting for the biggest share. Amazon Web Services (AWS) currently generates the majority of Amazon's operating income and is growing at a robust pace.
What is a good net profit on Amazon? ›
What is a good profit margin for your business? Most Amazon sellers get a profit margin of 15% – 20%, depending on their category. A profit margin of 20% or higher is excellent, while a profit margin of 5% or less is considered unsustainable for an e-commerce business.
What is the most profitable company in the world? ›
1) Saudi Aramco – $247.43 Billion
In 2023, Saudi Aramco, the Saudi Arabian oil giant, raked in the highest net revenue globally, scoring profits of over 247 billion U.S. dollars. Led by its current CEO Amin H. Nasser, this company, which started in 1933, thrives in the oil and gas industry.
How much will Amazon be worth in 2026? ›
Amazon stock price stood at $186.10
According to the latest long-term forecast, Amazon price will hit $200 by the middle of 2025 and then $250 by the end of 2026. Amazon will rise to $300 within the year of 2027, $350 in 2028, $400 in 2029, $450 in 2030 and $500 in 2032.
How much will Amazon be worth in 2050? ›
Amazon Stock Forecast for 2040 & 2050: Where Is AMZN Going?
| 2025 | 2050 |
|---|
| AMZN stock forecast (5% annual growth rate) | $188 | $668 |
| AMZN stock forecast (S&P 500 avg. compound annualized return of 11.13%) | $199 | $3,091 |
| AMZN stock forecast (QTEC avg. annualized compound return of 15.2%) | $206 | $8,163 |
Mar 25, 2024
Market cap: $1.936 Trillion
As of June 2024 Amazon has a market cap of $1.936 Trillion. This makes Amazon the world's 5th most valuable company by market cap according to our data.
What will Amazon price be in 2030? ›
By 2030, we estimate Amazon's stock price to be $370 per share with 10% year-over-year revenue growth but compressed margins from more competition in its AWS unit. Our estimated stock price for Amazon will be 98.8% higher than the current stock price, marking a double in Amazon's stock price today of $186.10.
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