AM
Amazon.com Inc.
AMZN · Technology
Company brief
AM
AMZNTechnology$1.5T

Amazon.com Inc.

Global e-commerce and cloud computing giant with enterprise-grade fulfillment, advertising, and AWS infrastructure platforms

Moat score
95/100
13F status
Tracking pending
Main Metrics

Beginner valuation check

Price
$263
Next earnings
Data pending

Data pending from FMP or Finnhub.

1Y Performance
+29%

Positive price performance shows recent market sentiment, not a full investment thesis.

Forward P/E
29.7x

Forward P/E around 29.7x means investors pay about $29.7 for each expected $1 of future profit per share, usually the next 12 months or next fiscal year. It is a forecast, not a fact.

P/E
31.3x

A P/E around 31.3x means investors pay about $31.3 for each $1 the company earned per share over the last 12 months, usually the last four quarterly reports.

EPS
$8.37
Market Cap
$2.84T
Forward P/E is the cleanest beginner valuation anchor here; compare it with growth and recent performance.

Source: market data index. As of May 21, 2026. P/E can be unavailable or misleading when earnings are negative.

Scenario Framework

Bull / Neutral / Bear

Neutral Case

AMZN keeps monetizing its e-commerce and cloud ecosystem, while the market mainly weighs whether the current forward valuation is justified by growth.

Watch signal

Forward P/E around 29.7x stays in line with business momentum.

What you own

Amazon.com Inc. is exposure to technology operating model with high switching costs and 118% net revenue retention.

Base thesis

Vendor Central creates 5-15 year exclusive relationships with $500M+ switching costs from integrated forecasting, compliance, and payment systems

Main risk

The main question is whether the company can keep customer value compounding without margin pressure eroding the moat.

How to inspect it

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Simulator coverage pending

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Investor Snapshot
95Moat Score
Net Revenue Retention118%
Retention RiskLow
AI Disruption RiskLow
Switching CostsHigh
13F Ownership
Tracking pending

No SEC-backed 13F rows are matched for this ticker yet. We do not fabricate ownership rows.

Investment Thesis
  • Vendor Central creates 5-15 year exclusive relationships with $500M+ switching costs from integrated forecasting, compliance, and payment systems
  • AWS enterprise customers average 18-month migrations with $2M+ implementation costs, creating 95%+ retention rates for workloads >$1M ARR
  • Prime Video's content licensing moat deepens with exclusive sports rights (NFL Thursday Night Football through 2033) and original content IP
  • Fulfillment network advantage compounds: 185M+ Prime subscribers locked-in through 1-2 day delivery expectations competitors cannot match economically
  • Amazon Advertising benefits from closed-loop attribution that competitors (Google, Meta) cannot replicate without owning the transaction layer
  • AI enhances rather than disrupts core moats - recommendation engines, demand forecasting, and logistics optimization create deeper customer lock-in