What is the current price of Amazon stock?
The Amazon 52-week high stock price is 3773.08, which is 23.6% above the current share price. The Amazon 52-week low stock price is 2707.04, which is 11.3% below the current share price. The average Amazon stock price for the last 52 weeks is 3324.43.
What was the original price of Amazon stock?
Overview of Amazon’s history Amazon’s meteoric rise, both as a company and on the stock market, did not kick in until the start of the last decade. The business went public on the Nasdaq stock exchange in March 1997, with a starting price of $18 per share. Three stock splits were carried out in the first two years of listing.
Where will Amazon stock be in 10 years?
Where Will Amazon.com Be in 10 Years?
- E-commerce. Amazon is best known for its e-commerce business, but what most people don't know is how small Amazon's market share still is.
- Amazon Web Services. AWS is Amazon's cloud services business. ...
- Other businesses and new ventures. ...
How much does Amazon stock cost?
On the 20th anniversary of the IPO Amazon stock closed at $961.35, giving the company a market value of about $466.2 billion. That's 490 times its split-adjusted stock price.
How much did Amazon stock cost in 2010?
AMZN - Amazon.com, Inc.DateOpenLowJan 07, 20106.606.44Jan 06, 20106.736.58Jan 05, 20106.676.59Jan 04, 20106.816.6664 more rows
How much was a share of Amazon in 2009?
The closing price for Amazon (AMZN) in 2009 was $134.52, on December 31, 2009. It was up 162% for the year.
What was Amazon stock price in 2008?
The closing price for Amazon (AMZN) in 2008 was $2.56, on December 31, 2008. It was down 46.2% for the year. The latest price is $109.65.
What was Amazon stock in 2012?
11.0152Compare AMZN With Other StocksAmazon Historical Annual Stock Price DataYearAverage Stock PriceAnnual % Change201211.015244.93%20119.8336-3.83%20106.957033.81%22 more rows
How much would I have if I invested $1000 in Amazon?
If you had invested $1,000 in Amazon.com you would have approximately $218,793.08 today.
What was Amazon stock price in 2013?
AMZN - Amazon.com, Inc.DateOpenClose*Mar 01, 2014358.74336.37Feb 01, 2014358.98362.10Jan 01, 2014398.80358.69Dec 01, 2013399.00398.7964 more rows•Jul 2, 2019
What was Amazon stock in 2017?
Amazon (NASDAQ:AMZN) saw its stock price rise by almost 165% over the last three years, from $825 in February 2017 to about $2155 in February 2020.
What was Amazon stock price in 2016?
AMZN - Amazon.com, Inc.DateOpenHighSep 26, 201640.0940.30Sep 23, 201640.1640.39Sep 22, 201639.7140.29Sep 21, 201639.1639.5364 more rows
What was the price of Amazon stock in 2006?
$39.46The closing price for Amazon (AMZN) in 2006 was $39.46, on December 29, 2006. It was down 16.9% for the year.
What would $1000 invested in Amazon in 1997 be worth today?
$2 millionAs our chart illustrates, an initial investment of $1,000, enough to buy 55 shares at a price of $18 in May 1997, would now be worth more than $2 million.
What was Amazon's stock price on June 16 2017?
996.00AMZN - Amazon.com, Inc.DateOpenAdj Close**Jun 19, 20171,017.00995.17Jun 16, 2017996.00987.71Jun 15, 2017958.70964.17Jun 14, 2017988.59976.4764 more rows
What was the price of Amazon stock in 2005?
The closing price for Amazon (AMZN) in 2005 was $2.36, on December 30, 2005. It was up 4.7% for the year. The latest price is $122.06.
How much is Jeff Bezos worth?
Which stocks can overperform?
That sharp increase in value could explain why its founder and chief executive officer, Jeff Bezos, is now estimated to be the with a net worth of over $90 billion, according to industry estimates. If you had invested in Amazon early on, when it first debuted on the in 1997, you could be worth a lot of money today, too.
Do index funds predict future returns?
While stocks like Netflix, Amazon and Apple , any individual stock can over- or under-perform.
What was Amazon's stock price in 2018?
Investing for the first time can be a big step, and it can be risky. Past returns do not predict future results. But if you find the right stocks, it can lead to real rewards.
How much did Amazon make in 1997?
In September 2018, Amazon’s shares hit a record intraday price of $2,050 as the e-commerce platform became the second public U.S. company after Apple to hit a $1 trillion market cap. However, after reaching its $1 trillion peak, Amazon’s stock began to “free fall .”.
Why did Amazon protest Prime Day?
It turned out Amazon was on to something. By 1997, consumers could browse more than 2.5 million titles, it had garnered 1 million customer accounts and revenue reached $148 million. In May of that year, the online marketplace went public at $18 per share with a company valuation of $300 million.
How much does it cost to become an Amazon Prime member?
In July 2019, activists and unions in several U.S. states and some European countries used Amazon Prime Day as an opportunity to protest the company’s practices by picketing and hosting rallies at various Amazon warehouse locations. Their concerns about the company included climate issues, warehouse conditions, lack of career advancement for workers and worries over facial recognition technology. In response, an Amazon spokesperson pointed to legislators, saying that unions and politicians could pass legislation to help workers and increase wages.
How many products does Amazon have?
In 2005, Amazon launched its loyalty program: Amazon Prime. For a $79 annual fee, Prime members received free shipping on qualifying orders. Today, it costs $119 to become an Amazon Prime member, but the perks are greater. Not only do members get free one- and two-day shipping on select products, but they have access to Amazon-owned streaming services, shopping benefits and more.
What are the concerns of Amazon?
Fast forward to 2019: Amazon is now the top e-commerce platform in the U.S. with more than 12 million products up for purchase, including books, media, groceries and shopping services. The online marketplace has expanded into a business that touches nearly every area of an Amazon user’s life.
When did Amazon start?
Their concerns about the company included climate issues, warehouse conditions, lack of career advancement for workers and worries over facial recognition technology. In response, an Amazon spokesperson pointed to legislators, saying that unions and politicians could pass legislation to help workers and increase wages.
What was the first phase of Amazon?
Amazon CEO Jeff Bezos launched the business as an online bookstore in July 1995. At the time, the Seattle-based company operated out of Bezos’ garage with staff members working atop desks made out of doors purchased from Home Depot.
Why is Amazon so high in valuation?
The first phase was the dot-com boom and bust. At the time, Amazon was a small company that mostly sold books, music, and videos online. Wall Street got behind the stock, and money started pouring in. Media entrepreneur Henry Blodget, then an analyst for Oppenheimer, famously put a price target that was nearly double what the stock was trading for, only to see the stock surge through his price target in weeks. 2000 rolled around, the Fed pulled the punch bowl, and Amazon stock soon fell over 90 percent. In the first phase, investors clearly got overexcited about the prospects of Amazon and many other internet stocks. Amazon wouldn't take out the old high for nearly a decade, while many other dot-com companies simply disappeared.
Does Amazon Stock Still Have Room to Grow?
Amazon's valuation is high in part because it's one of the biggest holdings of the NASDAQ, which gets index money irrespective of whether the companies can continue to grow. Based on fundamentals, I expect several of the top NASDAQ holdings to see negative returns going forward, while others are likely to see low but positive returns. That is how tech investing works, by the way, your winners cover your losers. In Amazon's case, I see a lot of plausible ways it can go down and fewer ways it can go up. This is almost entirely due to the price change between the start of the pandemic and now.
How much will Amazon earnings be in 2031?
Amazon's share price has risen sharply during the pandemic. There are two schools of thought here.
Does Amazon have net income?
In 2031, assuming 5 percent growth from maturity in 2026, my ballpark estimate for Amazon's earnings is $180 per share. As Amazon's growth slows to earth, I would expect the multiple to shrink a bit, to 28x by 2026, and to 25x by 2031. This gets me a new price target for Amazon of roughly $4000 by 2026 and $4500 by 2031. If you think the multiples will be higher on AMZN stock then add a few hundred dollars to both estimates.
Does Amazon convert operating income into net income?
As you can see here, AWS revenue growth has slowed over time, but recently ticked up. In addition to revenue, Amazon reports operating profit for AWS but not figures for net income. However, as a whole, Amazon doesn't convert all of its operating income into net income, with the difference going to expenses like depreciation, amortization, and the ~$10 billion in stock options Amazon paid out last year to retain talent. Still, AWS is close to or above the well-known rule of 40, and every year it stays at or above the rule of 40 Amazon's fundamental value increases. When growth eventually does slow for AWS, Amazon shareholders will be forced to reevaluate how much the stock is worth.
Is Amazon facing antitrust lawsuits?
However, as a whole, Amazon doesn't convert all of its operating income into net income, with the difference going to expenses like depreciation, amortization, and the ~$10 billion in stock options Amazon paid out last year to retain talent. Still, AWS is close to or above the well-known rule of 40, and every year it stays at or above the rule ...
How much was Amazon stock worth in 1997?
Antitrust could very possibly be an issue for Amazon. Amazon is facing an antitrust lawsuit in D C over the so-called most favored nation clause in its contract with third-party sellers. The Democratic House of Representatives antitrust subcommittee has Amazon in its crosshairs as well. Amazon is likely to argue that their business dominance is because they've reduced prices for consumers, but the real antitrust threat, in the long run, is that AWS will be broken up. When Amazon decided to block Parler from using AWS hosting, it made a decision that is likely to cause Republicans to take legal action against them in the future if they regain control of the White House. This is within the 10-year period that this article covers, and memories can be quite long in politics. Even without the Parler issue, Amazon's leadership is excessively involved in politics compared to competitors, which creates downside risk for shareholders. Politicians don't have to cause Amazon losses to cause pain for shareholders, because the valuation is so high, all they have to do is slow down the growth rate. The Federal government did not succeed in its bid to break up Microsoft in 2001, but Microsoft's share performance during the early 2000s was dismal.
When did Amazon go public?
Just over 20 years ago, in May 1997, Amazon's stock went public at $18 per share. The stock split three times during the dot-com boom, with a total division of 12-for-1. So if you're comparing it with today's share price of just over $1,000, Amazon.com traded for a split-adjusted $1.50 at its IPO in 1997.
Who is the Motley Fool?
Amazon went public in 1997 and has since evolved into one of the world's largest retailers. If you've ever wondered how much money you would have made by getting in on the ground floor of Amazon, here's a look back at how far the stock has climbed since its IPO and how much a hypothetical $10,000 investment would be worth today.
Is there anything wrong with speculating on stocks?
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community .
Is there a formula to find the next home run stock?
There's nothing wrong with doing some speculating on stocks that are in the early stages of potentially massive returns. I have a handful of stocks like this in my own portfolio.
Does the Motley Fool own Amazon?
To be perfectly clear, there is no guaranteed formula to find the next home-run stock. If it were that easy to determine what the next stock to have an Amazon-like run will be, everyone would be pouring money into it.
