Amazon (AMZN:NSD) Analysts Bullish with a Strong Buy, $172 target

STA Research
by: STA Research
Amazon Stock Forecast

Amazon Stock Forecast Analysis:

Based on the Amazon stock forecast from 38 analysts, the average analyst target price for Amazon is USD 172.96 over the next 12 months. Amazon average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Amazon is Slightly Bullish , which is based on 7 positive signals and 4 negative signals. At the last closing, Amazon stock price was USD 122.19Amazon stock price has changed by -3.65% over the past week, -11.60% over the past month and -27.18% over the last year.

About Amazon (AMZN:NSD)

Amazon engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, and Echo and other devices; provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store; and develops and produces media content.

In addition, it offers programs that enable sellers to sell their products on its websites, as well as its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content.

Further, the company provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, publishing, and digital content subscriptions.

Additionally, it offers Amazon Prime, a membership program, which provides free shipping of various items; access to streaming of movies and series; and other services.

The company serves consumers, sellers, developers, enterprises, and content creators. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington. Address: 410 Terry Avenue North, Seattle, WA, United States,

 

Most Recent Analyst Ratings for AMZN’s stock:

Reiterated by Robert W Baird Outperform  USD 150 2022-09-07
Target Up Citigroup USD 185 2022-08-09
Reiterated by Goldman Sachs Buy » Buy USD 175 2022-08-04
Maintains JMP  Market Outperform USD 172.5 » USD 180 2022-07-29
Maintains Wolfe Research Outperform USD 140 » USD 170 2022-07-29
Target Raised Deutsche Bank  Maintains USD 155 » USD 175 2022-07-29
Maintains Canaccord Capital Buy USD 185 » USD 200 2022-07-29
Maintains Telsey Advisory  Outperform USD 145 » USD 150 2022-07-29
Maintains UBS Buy USD 167 » USD 180 2022-07-29
Maintains Rosenblatt Securities Neutral USD 107 » USD 118 2022-07-29
Maintains JP Morgan Overweight USD 175 » USD 185 2022-07-29
Maintains Raymond James Outperform USD 165 » USD 164 2022-07-29
Maintains Piper Sandler Overweight USD 170 » USD 175 2022-07-29
Maintains Barclays Overweight USD 195 » USD 200 2022-07-29
Maintains Cowen Outperform USD 210 » USD 215 2022-07-29
Maintains Stifel Nicolaus Research Buy USD 185 » USD 200 2022-07-29
Maintains Jefferies Financial LLC Buy USD 150 » USD 165 2022-07-29
Maintains Citigroup Buy USD 180 » USD 185 2022-07-29
Maintains Bank of America Securities Buy USD 168 » USD 170 2022-07-29
Maintains Credit Suisse Outperform USD 185 » USD 170 2022-07-26
Initiated Itau Unibanco Outperform USD 146 2022-07-26
Reiterates STA Research Buy USD 150 2022-07-26
Target Down MKM Partners USD 165 2022-07-25
Maintains Oppenheimer Outperform USD 175 » USD 160 2022-07-25
Maintains Deutsche Bank Capital Buy USD 174 » USD 155 2022-07-21

 

 

What we like:

High market capitalization

Amazon Stock Forecast: This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

Amazon Stock Forecast: The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

Amazon Stock Forecast: This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

 

What we don’t like:

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

Amazon Stock Forecast: The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

Amazon Stock Forecast: The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

 

 

Disclaimer

Stock Target Advisor is not a broker/dealer, investment advisor, or platform for making stock buying or selling decisions. Our goal is to democratize and simplify financial information through automated analysis, aggregation of stock information, and education to help investors with their research. No content on our site, blogs or newsletters constitutes – or should be understood as constituting – a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented in our site content. We also cannot guarantee the accuracy of any information presented on our site and in our analysis.

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