Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Egerton Capital (UK) LLP, managed by John Armitage, recently executed a significant transaction involving Amazon.Com, Inc. ((AMZN)). The hedge fund increased its position by 659,947 shares.
Recent Updates on Amazon.Com, Inc. stock
Amazon.com, Inc. recently reported robust Q4 2024 results, with record revenue of $187.8 billion and operating income of $21.2 billion, showcasing significant growth in AWS and advertising segments. However, challenges such as foreign exchange headwinds and AWS capacity constraints were noted. Analysts have mixed views on Amazon’s stock, with Phillip Securities downgrading it due to valuation concerns, while others like Deutsche Bank and DA Davidson raised their price targets citing strong fundamentals and growth potential in AI and cloud services. Despite some soft Q1 guidance attributed to FX issues, analysts remain optimistic about Amazon’s position in e-commerce, cloud, and advertising sectors.
More about Amazon.Com, Inc.
YTD Price Performance: 5.69%
Average Trading Volume: 36,974,963
Current Market Cap: $2470.8B
