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History of Amazon's $AMZN Revenue Since 1997
By: Charlie Bilello | July 28, 2022
• Amazon Revenue (Billions)...
2022 (est): 521
'21: 470
'20: 386
'19: 281
'18: 233
'17: 178
'16: 136
'15: 107
'14: 89
'13: 74
'12: 61
'11: 48
'10: 34
'09: 25
'08: 19
'07: 15
'06: 11
'05: 8.5
'04: 6.9
'03: 5.3
'02: 3.9
'01: 3.1
'00: 2.8
'99: 1.6
'98: 0.6
'97: 0.15
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looks like we made a good investment. I will show more pics after a while
Amazon UP After Hours to $138.51 now.
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Amazon records $3.9 billion loss on Rivian investment, bringing markdown for the year to $11.5 billion
By: CNBC | July 28, 2022
Amazon’s stake in electric vehicle maker Rivian Automotive was once worth $27 billion. That was in November, shortly after Rivian’s IPO, which took place just before the Nasdaq peaked.
But with investors rotating out of risk in 2022 and selling off last year’s high-priced IPOs, Amazon has now taken paper losses on its Rivian stake totaling $11.5 billion for the first two quarters, a stretch during which Rivian lost three-quarters of its value.
Amazon said in its second-quarter earnings report on Thursday that it recorded a $3.9 billion loss on its Rivian holdings during the period. The report comes a day after Ford, which is also one of Rivian’s top backers, took a $2.4 billion mark-to-market writedown.
Amazon’s investment is now worth about $5 billion.
The markdowns don’t impact the Amazon’s operations or cash position, and just reflect the massive gyrations in the market since late last year. The investment could become problematic if Rivian’s nascent business hits a snag or runs low on cash, hampering the company’s ability to manufacture delivery vehicles at the speed it promised Amazon.
Amazon said last week it’s beginning to roll out some of the electric delivery vans that it developed with Rivian. Amazon said it expects to have thousands of Rivian vans in more than 100 cities by the end of this year, the first step toward its goal of having 100,000 electric delivery vehicles on the road in the U.S. by 2030.
Rivian, which reports quarterly results on Aug. 11, has struggled to meet production goals of its R1T and R1S electric vehicles, which are focused more on the consumer market. The company cut its 2022 production forecast in half in March, to just 25,000 vehicles, including Amazon vans, as it deals with supply chain constraints and issues with its assembly line.
However, optimism has rebounded some in the third quarter. The stock is up about 29% since the end of June. It got an added boost on Wednesday after Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., said they’ve reached a deal on what would be the most ambitious climate spending package in U.S. history.
The Inflation Reduction Act of 2022 includes $369 billion for clean energy provisions. Rivian rose about 3%, joining a broader rally in solar and alternative energy stocks.
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Amazon (AMZN) UP After Hours to $136.84 now.
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Amazon (AMZN) Moving UP After Hours 11.05% to $134.25 as I print.
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Amazon jumps after second-quarter revenue tops estimates
By: CNBC | July 28, 2022
Amazon shares climbed more than 10% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook.
• EPS: Loss of 20 cents
• Revenue: $121.23 billion vs. $119.09 billion expected, according to Refinitiv
Here’s how other key Amazon segments did during the quarter:
• Amazon Web Services: $19.7 billion vs. $19.56 billion, according to StreetAccount
• Advertising: $8.76 billion vs. $8.65 billion, according to StreetAccount
Revenue growth of 7% in the second quarter topped estimates, bucking the trend among its tech peers, which have all reported disappointing results.
Amazon said it expects to post third-quarter revenue between $125 billion and $130 billion, representing growth of 13% to 17%. Analysts were expecting sales of $126.4 billion, according to Refinitiv.
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Amazon (AMZN) Stock-Split Stock That Is Historically Cheap and Begging to Be Bought
By: Motley Fool | July 28, 2022
• Stock-split euphoria has taken hold of Wall Street, with a select few stock-split stocks standing out as incredible bargains.
It's been quite the year for Wall Street. The broad-based S&P 500 produced its worst first-half to a year in more than a half-century, while the growth stock-driven Nasdaq Composite tumbled by more than 30%. Consumers are dealing with historically high inflation (9.1% in June 2022), as well as the ripple effects on the energy supply chain of Russia invading Ukraine. To top things off, the COVID-19 pandemic is still ongoing and adversely impacting supply chains globally.
Yet amid this chaos, investors have developed a case of stock-split euphoria. A stock split is a way for a publicly traded company to alter its share price and outstanding share count without having an effect on its market cap or operating performance. A forward stock split, which is what tends to get investors most excited, reduces the nominal share price of a stock and makes it more affordable for retail investors.
Forward stock splits are almost always viewed as bullish events. The thinking here is that a company wouldn't need to split in the first place if it wasn't executing on its growth strategy and hadn't seen its share price rise as a result.
But among this veritable sea of stock-split stocks in 2022 stands two widely held companies that are historically cheaper than they've ever been and are begging to be bought by patient investors.
Amazon
Perhaps unsurprisingly, the second stock-split stock that's historically cheap and begging to be bought by opportunistic long-term investors is FAANG stock Amazon (AMZN 0.23%).
Amazon rode Alphabet's coattails and announced its intention to conduct a 20-for-1 forward stock split in March. However, it beat Alphabet to the punch by gaining shareholder approval and executing its split on June 6.
Consistent with prevailing recessionary fears, Amazon's shares have come under pressure in 2022. As a company that generates the bulk of its revenue from e-commerce sales, historically high inflation and a potential economic slowdown represent a worrisome combination. It also doesn't help that retail giant Walmart issued a profit warning following the closing bell on July 25.
But just as with Alphabet, examining a one- or-two-quarter performance for Amazon won't tell you a lot about where this company is headed. If you really dig in and look at the big picture, you'll see a company where practically everything is going right, even in the wake of historically high inflation.
Most people are familiar with Amazon because of its leading online marketplace. In March, eMarketer released a study estimating that Amazon would collect just shy of 40% of all online retail sales in the U.S. in 2022. By comparison, the company's 14 closest competitors are only expected to account for 31% of e-commerce sales in the U.S. on a combined basis.
Yet retail sales are a capital-intensive and generally low-margin segment for Amazon. Though e-commerce is responsible for most of the company's sales, it's the ancillary opportunities created from e-commerce, as well as Amazon's other operating segments, that are key to its success.
As an example, Amazon's online marketplace has helped the company sign up more than 200 million Prime members worldwide. That's tens of billions of dollars in annual fees the company collects from Prime, which it's able to use to support its vast logistics network, undercut brick-and-mortar retailers on price, or perhaps reinvest in other high-growth initiatives.
The fascinating aspect about Amazon is that its leading online retail segment could generate no growth or modestly negative growth, and the company's operating cash flow can still soar. That's because it's generating considerably juicier operating margins from advertising, subscriptions, and cloud services.
Whereas Google Cloud chimes in as the world's No. 3 cloud-service provider with 8% share, Amazon Web Services (AWS) accounted for 33% of global cloud service sales in the first quarter, according to Canalys. AWS has been growing by 30% to 40% annually. Even though AWS only accounts for roughly an eighth of Amazon's net sales, it's consistently been the company's leading generator of operating income.
Over the trailing five-year period, Amazon has averaged a multiple of 31.1 times its operating cash flow. This is a premium that Wall Street and investors have been comfortable paying for shares of Amazon since 2010. Yet based on Wall Street's consensus, Amazon could more than triple its cash flow by 2025 (relative to 2021), and it would be valued at a multiple of 8.6 times cash flow. That makes it historically cheap and an ideal stock-split stock for long-term investors to buy right now.
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Amazon - Regardless of its earnings it's likely to go higher
By: CyclesFan | July 28, 2022
• $AMZN - earnings after the close today. The opposite of Apple. Regardless of its earnings it's likely to go higher, but the big question is, will it be able to close the week back above its 200 week MA at 127.73? If that happens it's likely to reach its 40 week MA in August.
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Its a little warm but this is my current view 
It is and thanks you.
Earnings Preview: Amazon.com Inc. (NASDAQ: AMZN)
By: 24/7 Wall St. | July 27, 2022
• Here’s a look at four companies set to report results after markets close Thursday afternoon.
Amazon
In mid-July of last year, Amazon.com Inc. (NASDAQ: AMZN) posted a new all-time high share price. Since then, the stock has dropped by more than 38%. For the year to date, shares have lost nearly 31%. Analysts began cutting full-year earnings estimates after Amazon reported first-quarter earnings in April. In July alone, EPS estimates have been reduced by nearly 13%, and revenue estimates have been shaved by about 1%. The $3.9 billion acquisition of One Medical announced last week was widely applauded by analysts but has not boosted investors’ spirits.
All but three of 53 analysts give Amazon stock a Buy or Strong Buy rating. Of the holdouts, one rates the stock a Hold, and one each gives the shares a Sell or Strong Sell rating. At a current price (split adjusted) of around $114.80, the upside potential based on a median price target of $172.50 is 50.3%. At the high price target of $270.00, the upside potential is 135.2%.
Analysts are looking for second-quarter revenue of $119.16 billion, up 2.3% sequentially and an increase of 5.4% year over year. Adjusted earnings per share (EPS) are expected to be $0.12 compared with a loss of $0.38 in the prior quarter and down 84.2% year over year. For the full 2022 fiscal year, EPS is expected to come in at $0.38, down 88.2%, on sales of $519.1 billion, a gain of 10.5%.
Amazon stock trades at a multiple of 299.7 times expected 2022 EPS, 45.5 times estimated 2023 earnings of $2.52, and 28.7 times estimated 2024 earnings of $4.00 per share. The stock’s 52-week range is $101.26 to $188.11. Amazon does not pay a dividend. Total shareholder return over the past 12 months was negative 37.9%.
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Will be interesting to see how the deceleration of ecommerce growth in the US impacts Amazon
By: Markets & Mayhem | July 26, 2022
• Will be interesting to see how the deceleration of ecommerce growth in the US impacts $AMZN, as it's their largest revenue stream by far.
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Credit Suisse Group Cuts Amazon.com (AMZN) Price Target to $170.00
By: MarketBeat | July 26, 2022
• Amazon.com (NASDAQ:AMZN) had its price objective lowered by equities research analysts at Credit Suisse Group from $185.00 to $170.00 in a research report issued on Tuesday, The Fly reports. Credit Suisse Group's target price suggests a potential upside of 40.33% from the company's previous close...
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