Analyse Amazon stock

Confirmed: The consensus price target of 266.68 EUR is around +25.7% above the current price of 212.09 EUR and therefore practically at the upper limit of the specified plausibility range.

Quantitative: Amazon is despite the P/E ratio 27.5 is not obviously excessive for a mega cap because the profit profile through AWS, advertising and operational leverage is structurally stronger than in classic trading. Compared to historical multiples, the valuation seems more demanding, but still justifiable provided EPS continues to grow in double digits. The target is only about 9.5% above the 52-week high of EUR 243.46 and is...