Amazon Remains a Wall Street Favorite Amid Mild Pullback and Positive Fundamentals

# Amazon Stock Analysis: Strong Fundamentals Amid Recent Pullback | Investing Podcast Episode

Dive into our comprehensive analysis of Amazon (AMZN) stock, currently trading at $221.47 per share. This episode explores Amazon's impressive quarterly earnings beat of $1.68 EPS (exceeding expectations by $0.37) and 13% revenue growth to $167.7 billion. Discover why Wall Street remains bullish with a consensus price target of $262, despite a recent 1.5% monthly pullback. We examine Amazon's robust 24% return on equity, 10% profit margins, and the technical indicators suggesting potential entry points. Learn why nearly 50 analysts maintain "Buy" ratings and how Amazon's e-commerce and cloud computing dominance continues to drive long-term investor confidence. Perfect for investors seeking insights on one of tech's most watched stocks and its future growth trajectory.

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Episode Transcript

Speaker 1 (00:00):
Amazon is currently trading at about two hundred twenty one
dollars and forty seven cents per share, with the latest
clothes just under a two tenths per cent gain. This
puts Amazon near the middle of its fifty two week range,
which is seen a low of about one hundred sixty
one dollars and a high of two hundred forty two dollars.
Trading volume stands out, with more than thirty seven million

(00:22):
shares exchanging hands in the last session, noticeably higher than
its five year average, potentially pointing to heightened investor attention
or volatility in the near turn. Recent news has been
mixed but largely positive. Amazon's latest quarterly earnings were strong,
with the company delivering earnings per share of one dollar
and sixty eight cents, beating analyst expectations by thirty seven cents.

(00:47):
Revenue for the quarter came in at one hundred sixty
seven billion, seven hundred million United States dollars, up over
thirteen percent from the same period last year. The company's
return on equity clying to nearly twenty four percent, with
net profit margins at more than ten percent, both robust
figures by industry standards. Forward looking guidance has been upbeat,

(01:10):
and Wall Street sentiment remains optimistic, with the consensus price
target now at about two hundred sixty two dollars. Some
prominent analysts from firms like Jeffrey's Financial Group and DA
Davidson have raised their targets to the two hundred sixty
five dollar range, and the most recent batch of analyst
opinions counts nearly fifty by ratings compared to just a

(01:31):
handful of holds and strong buys sprinkled in. Despite these
fundamentals and the generally bullish longer term view, the stock
has experienced a mild pullback in recent weeks, drifting down
just over one and a half percent for the month.
This mild correction contrasts with the largely upbeat analyst opinion
and may reflect a short term technical consolidation after a

(01:53):
period of strong gains. It may also be a response
to broader market volatility or profit taking after Earth. Notably,
recent trading sessions have seen a few institutional investors of
just their positions, but not in a way that suggests
any wholesale exodus. Technical analysis calls for patients at current levels,
with some voices recommending waiting for a solid breakout or

(02:16):
further pullback before adding new positions. Overall, Amazon remains a
widely favored name on Wall Street, bolstered by consistent growth
in earnings, revenue, and market share. Its leadership in e
commerce and cloud computing continues to draw investor enthusiasm, and
as the consensus price targets tick higher, sentiment points to

(02:38):
further upside ahead for patient investors watching for the next
move