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The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
Why Amazon Stock Was Taking a Dive Today. Jeremy Bowman, The Motley Fool. August 2, 2024 at 11:15 AM. ... Earnings per share also jumped from $0.65 to $1.26, beating estimates at $1.03.
Amazon (Nasdsq: AMZN) stock has long been a darling of tech sector investors. Even when the share price dropped by almost half in 2022, investors still buy it. Right now, it sits at number 5 on the...
The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public. [2] After the dot-com bubble burst on March 11, 2000, several companies that Amazon had invested in went bankrupt, with Amazon's stock price itself sinking to record lows. [3]
In the second quarter of 2021, Amazon beat the consensus estimate for earnings per share by reporting $15.12 compared to the consensus estimate of $12.30, CNBC reported.
The average Wall Street consensus for 2024 EPS is $4.55, which represents a 57% increase year over year. Amazon has frequently beaten Wall Street's expectations, and if it comes through this year ...
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