60 Out of 65 Wall Street Analysts Say Buy Amazon. Not One Says Sell.

Amazon has now beaten Wall Street EPS estimates for five consecutive quarters, while its trailing P/E ratio sits at 33x. The article argues that valuation remains relatively modest given the company’s growth profile. Overall, the tone is constructive on Amazon’s earnings power and fundamentals.

Analysis

Amazon has now beaten Wall Street EPS estimates for five consecutive quarters, while its trailing P/E ratio sits at 33x. The article argues that valuation remains relatively modest given the company’s growth profile. Overall, the tone is constructive on Amazon’s earnings power and fundamentals.