NEW YORK – Shares of e-commerce and cloud computing behemoth Amazon.com, Inc. (AMZN) are trading higher today, gaining over 1% in a show of solid investor confidence. The upward movement on the Nasdaq exchange reinforces the stock’s position as a market leader and keeps it within striking distance of its all-time highs.
As of 10:48 AM EDT, Amazon’s stock price was 2.34, or +1.06%, for the trading session. The stock opened the day at $221.71, starting off above the previous day’s close of $219.92 and quickly climbing to a session high of $224.01.
A Closer Look at Market Activity and Valuation
Today’s positive price action is underpinned by strong fundamentals and optimistic analyst outlooks. With a staggering intraday market capitalization of $2.356 trillion, Amazon remains one of the most valuable companies in the world. The company’s profitability is reflected in its trailing-twelve-month (TTM) EPS (Earnings Per Share) of 6.14 and a P/E ratio of 36.14.
The stock is currently trading firmly within its 52-week range of $151.61 – $242.52. More importantly, the 1-year analyst target estimate of $241.82 suggests that Wall Street sees further upside potential, with the consensus target sitting very close to the stock’s 52-week peak. This indicates a strong belief in Amazon’s continued growth trajectory across its diverse business segments, from retail and advertising to its dominant cloud platform, Amazon Web Services (AWS).
Trading volume in the first hour reached over 15 million shares, indicating active participation from investors looking to capitalize on the stock’s momentum.
The Big Picture: Bullish Sentiment Prevails
Amazon’s stock continues to be a core holding for many investors, valued for its consistent innovation and market dominance. With a Beta of 1.33, the stock tends to be slightly more volatile than the overall market, offering potential for higher returns.
In conclusion, the steady climb of Amazon’s (AMZN) stock price today highlights the persistent bullish sentiment surrounding the tech titan. Investors will be keenly watching to see if this momentum can carry the stock to challenge and surpass its previous highs in the near future.
Frequently Asked Questions (FAQ) about Amazon (AMZN) Stock
Here is a list of frequently asked questions based on the information provided in the stock market data image.
1. What is Amazon’s stock ticker symbol?
Amazon’s stock trades on the Nasdaq under the ticker symbol AMZN.
2. What was the price of AMZN stock shown in the image?
As of the snapshot, the price was $222.26 per share.
3. How much did Amazon’s stock go up by?
The stock increased by $2.34, which is a +1.06% gain for the session.
4. What is Amazon’s Market Cap?
The company’s intraday market capitalization is $2.356 trillion.
5. What is the 52-week trading range for AMZN?
The 52-week range for Amazon stock is between 242.52.
6. What is the 1-year analyst price target for Amazon stock?
The 1-year target estimate from analysts is $241.82, which is very close to its 52-week high.
7. Does Amazon pay dividends?
No. According to the data, the “Forward Dividend & Yield” and “Ex-Dividend Date” fields are blank, indicating that Amazon does not currently distribute dividends to shareholders, instead reinvesting its profits back into the company.
8. What is the P/E ratio for AMZN?
The P/E (Price-to-Earnings) Ratio for the trailing twelve months (TTM) is 36.14. This valuation metric suggests investors are willing to pay $36.14 for every dollar of Amazon’s recent annual earnings.
9. What is the EPS (TTM) for Amazon?
The EPS (Earnings Per Share) for the trailing twelve months is 6.14, indicating the company is profitable on a per-share basis.
10. What does Amazon’s Beta of 1.33 mean?
A Beta of 1.33 suggests that Amazon’s stock is 33% more volatile than the overall market (which has a Beta of 1.0). This means its price tends to move more significantly, both up and down, than the market average.
11. What was the day’s trading range for AMZN?
Up to that point in the session, the stock had traded between a low of 224.01.
12. The Earnings Date is listed as Aug 7, 2025. Is this correct?
This date is almost certainly a data error on the platform. Public companies like Amazon report earnings quarterly. The next earnings report would be expected around late July or early August of 2024, not 2025. Investors should always verify such dates with official company sources.
