Amazon beats Q1 earnings expectations. While showing strong growth in e-commerce and AWS, its valuation remains high. See why AMZN is buy rated.

Amazon surprised the market by reporting slowing AWS growth. AI opportunity could lead to a rebound of sales growth quickly. Amazon’s low P/S valuation improves the value proposition.

Our fair value estimate for Amazon is $195 per share, which implies a 2024 enterprise value to sales multiple of 3 times and a 2% free cash flow yield. We think multiples are a little less ...

Amazon AMZN is scheduled to report fourth-quarter 2024 results on Feb. 6. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. For the fourth quarter, the company expects net ...