Amazon (AMZN) Stock Falls Amid Market Uptick: What Investors Need to Know
From Nasdaq: 2025-03-31 17:45:00
In the latest market close, Amazon (AMZN) reached $190.26, with a -1.28% movement compared to the previous day. The stock’s change was less than the S&P 500’s daily gain of 0.55%. The Dow saw an upswing of 1.01%, while the Nasdaq depreciated by 0.14%. Shares of Amazon have depreciated by 9.21% over the past month.
Analysts predict Amazon will post an EPS of $1.38, a 22.12% growth from last year. Revenue is estimated at $154.82 billion, an 8.03% rise. For the fiscal year, earnings of $6.32 per share and revenue of $697.68 billion are expected, up 14.29% and 9.36%, respectively. Recent upward estimate revisions signify positivity towards Amazon’s operations.
Amazon is currently traded at a Forward P/E ratio of 30.49, a premium to the industry’s ratio of 22.05. The PEG ratio of 1.33 incorporates expected earnings growth. The Internet – Commerce industry, where Amazon belongs, has an average PEG ratio of 1.33 and a Zacks Industry Rank of 64 in the top 26%.
Zacks names a #1 semiconductor stock with strong earnings growth and a growing customer base. With the demand for AI, ML, and IoT, the global semiconductor manufacturing is projected to reach $803 billion by 2028. This stock has potential for growth in the semiconductor industry.
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