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Amazon | Fundamental Analysis | Long Amazon will report its Q2 2022 results after the market closes on Thursday, July 28. An analyst call is scheduled for the same day at 5:30 p.m. ET. Investors will likely approach the e-commerce and technology giant's report with some caution. Last quarter, the company's earnings fell short of Wall Street's expectations, while revenues were in line with the consensus forecast. While investors were undoubtedly unhappy with the final result, they were likely more concerned about the company's earnings outlook for the second quarter. It was significantly lower than analysts had forecast. Investors are increasingly concerned about the macroeconomic situation. So far, continued high inflation has not had much of an effect on consumer spending overall. That could change, however, as more and more consumers are becoming concerned that the U.S. economy could slide into recession. If many consumers markedly reduce their discretionary spending, Amazon's e-commerce results would suffer. Nevertheless, investors should be mindful of the bigger picture, as this company has seemingly countless current and potential long-term growth opportunities. Here's what to watch out for in Amazon's upcoming report. While Amazon does not make earnings guidance, it does in terms of operating results. Management expects operating results to range from an operating loss of $1 billion to an operating income of $3 billion. The company had $7.7 billion in operating income in last year's quarter. The company faces a difficult comparable performance since it had a strong performance last year. One factor adding to the difficulty of comparisons is the postponement of its annual Prime Day event from Q2 last year to Q3 of this year. In addition, currency headwinds likely affected second-quarter earnings, as the U.S. dollar has strengthened against other currencies over the past year. By comparison, Amazon's Q1 revenue rose 7% year over year (and 9% in constant currency) to $116.4 billion, a result that was in line with Wall Street's expected $116.3 billion and close to the upper end of the company's forecast range of $112 billion to $117 billion. By segment, sales in North America and Amazon Web Services rose 8% and 37%, respectively, while sales in the international segment fell 6%. Last quarter's net loss was $3.8 billion, or $7.56 per share ($0.38 per share given the 20-for-1 stock split in June). This compared to a net income of $15.79 per share a year ago. That result was well below the consensus forecast of analysts, who had an expected net income of $8.48 per share. Much of the shortfall was due to a $7.6 billion pre-tax loss from Amazon's investment in the common stock of electric car maker Rivian Automotive, which held an initial public offering (IPO) last November. Had this article not been in place, Amazon would have made a net profit, not a loss. However, it still would not have met Wall Street's expectations. Amazon stock is likely to rise if management's Q3 outlook differs significantly from Wall Street's expectations. The company provides a revenue forecast, but not an earnings forecast. However, the operating income forecast usually gives investors a rough idea of what percentage change management expects for the year. Currently, analysts are predicting that Amazon's Q3 revenue will grow 15% year over year to $127.8 billion and that earnings per share will increase 16% to $0.36. Keep in mind that this quarter will get a boost from Prime Day compared to the Q2 last year.
NASDAQ:AMZNLong
by FOREXN1
1
AMAZON Generational Bottom and buy opportunityAmazon (AMZN) has been trading within the MA300 (red trend-line) and MA200 (orange trend-line) on the 1W time-frame for more than 2 months. In multi-year terms, this is the equivalent of a bottom formation within the Bullish Channel that started after the bottom of the Dotcom crash in September 2001. More specifically, the 1W MA300 hasn't been touched since January 2009 (bottom of the housing crisis) and the last time a (Higher) Low was formed within the 0.236 - 0.382 Fibonacci retracement levels (Fib Channel applied on the pattern) was within October 2014 - January 2015. With the 1W RSI rebounding after breaking inside its multi-decade Buy Zone (has done so only another 3 times in 21 years) and the 1W LMACD inevitably about to make a Bullish Cross, this seems like a golden multi-year buy opportunity for Amazon. The Higher High target has been the 0.786 Fibonacci level since late 2018. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
NASDAQ:AMZNLong
by TradingShot
1
Amazon earnings Hey guys, I’m really looking forward to amazing earnings! Little biased here leaning towards the topside although my options spread does include bottom side cover. I noticed Amazon broke out of the diagonal trend last week which I took some profits on… And retested yesterday with a little bit of a pop. I’m expecting to see some excitement (next week) before earnings and planning on opening other straddle (earnings week) favouring the downside into early September. This options spread cost around 9.5 credits and I feel fresh having both ends covered until Aug 19.
NASDAQ:AMZNLong
by ImminentDanger
AMZN Bearish pattern on 1D chartHey everybody welcome back Today we’re looking at AMZN on the daily chart and it’s forming a very nice head and shoulders pattern. I actually got in some puts at the top of the right shoulder and took profits already. I opened a new put position just before the bell. You can see price was rejected at key levels same as the left shoulder. We’ll see if support will hold at the neckline. If you look into the smaller time frames you can see the down channel of the right shoulder. Price is hitting the resistance of that down channel and has formed a triangle pattern. My target is at the neckline and whether it holds or breaks support will determine our next position. Thanks for tuning in. Let me know how you feel about this and share your ideas *This is not advice
NASDAQ:AMZNShort
by roddy2ktrades
AMAZON Nearing Big MoveAmazon is giving mixed signals but the bias is toward the downside, especially with S&500 and NASDAQ looking not so good. Descending triangles are usually bearish. The descending channel's support line has been broken, and just like with the gaussian channel and 200 week SMA, flipped into resistance. Bullish divergences on the RSI and MACD suggest a pump but one of the troubles with divergences is sometimes their result is lackluster. Thus a small rally to the descending traingle resistance line might be all it means. They are also exaggerated divergences which are usually less reliable than regular ones. But it could also do enough to invalidate the triangle and form some sort of W bottom. There is also a gap overhead but it doesn't mean it will get filled soon. Targets for the descending triangle are the 2021 high or the 2018 low. We'll have to wait and see where it breaks.
NASDAQ:AMZN
by Indotermes
Amazon | Fundamental Analysis | LONG Down 29% over the year, the Nasdaq Composite Index is in a bear market, so now is potentially a good time to bet on quality companies trading at a low price. Amazon, which just completed its long-awaited stock split, could be a good fit. Here are a few reasons why the e-commerce giant can expect long-term success. The stock is relatively cheap A stock split is when a company divides the number of its shares by a predetermined number without changing the market value (the value of all shares outstanding). Although a stock split does not affect fundamentals, it makes the stock cheaper and psychologically more attractive to small investors. Nevertheless, Amazon's June 6 split came at the end of a massive 35% year-over-year decline. So (at least in this case) the stock is now relatively cheaper in both price and valuation. With a market value of $1.2 trillion, Amazon is trading at just 2.4 times its 12-month earnings. And while that figure is in line with the S&P 500 average of 2.4, it is significantly lower than that of similar Nasdaq companies, which have an average price-to-earnings ratio of 4.5. Amazon's projected price-to-earnings ratio of 55 also looks reasonable, given the potential for significant earnings growth over the long term. Cloud computing is running at full throttle So why does Amazon deserve a healthy bottom line? Hint: It's not about its core e-commerce business. While third-party online marketplaces and related services (such as Prime subscriptions) currently form the backbone of Amazon's revenue, its cloud computing business, Amazon Web Services (AWS), looks set to deliver revenue growth for decades to come. Amazon's first-quarter net sales rose only 7% year over year to $116.4 billion because of weakness in its North American and international e-commerce segments. According to company executives, both geographic segments may have expanded too much during the pandemic boom and now face overstaffing and overcapacity. Amazon's cloud segment, however, is bucking that trend. AWS revenue jumped 37% to $18.4 billion and operating income rose 57% to $6.5 billion, compared with a loss of $2.8 billion on the company's e-commerce operations. While it's unclear whether Amazon's cloud business will maintain its trajectory, analysts at research firm Redburn are extremely optimistic, predicting that AWS will eventually be worth $3 trillion just because of its advantages in scale, cost, and technology over its competitors. Other divisions could contribute to the growth Amazon's success has been based on its ability to move into synergistic industries to drive growth. First, it was an online bookstore, then a one-stop e-commerce marketplace, and finally a diversified technology platform that gets most of its profits from cloud computing. Other types of businesses may be on the line. According to Business Insider, Amazon has become the third-largest digital advertising company (behind Alphabet's Google and Meta Platforms' Facebook), with $31 billion in ad revenue in 2021. Amazon is also going deeper into streaming directly to the consumer through its $8.5 billion acquisition of MGM Studios. This deal could add thousands of movie and TV series titles to Prime Video's content portfolio, allowing the company to compete with streaming competitors for unique and original content offerings. Amazon's scale allows it to discover value in industries related to its core business, laying the groundwork for further expansion. Will the company become the next Netflix or Google? Who knows. But given its track record of success in various industries, don't bet against it.
NASDAQ:AMZNLong
by FOREXN1
13
AMAZON close to the round number 📖💡🚀Hello 🐋 Based on the chart after a long time, correction to the downside the price is close to the round number $100, major support and the channel support ✔️ if the price doesn't break the round number and the major support to the downside we will see gain from here beside, the range market is an acceptable scenario too 📖💡🚀 otherwise we can see more gain from the previous low ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
NASDAQ:AMZNLong
by MadWhale
5
$AMZN Amazon Head & Shoulder Pattern? Let's talk about the obvious head & shoulder pattern on the Amazon daily chart and why it isn't a true textbook head and shoulder pattern. (please don't come for me, this is just my opinion lol) 1. a Head & Shoulder is made during an uptrend. This one on $amzn was created on a downtrend. 2. the VOLUME on the left shoulder should show highest green volume bar on. This one on $amzn does not. The head has the highest green volume bar. 3. Amazon is showing significant strength here at support and could potentially break-out of the ascending trend it is was previously rejecting. Amazon is a leading e-commerce retailor but lets not forget about its web services and infrastructure as well. I'd also like to point out that if you ZOOM OUT of the daily, we just completed a Wyckoff distribution top pattern and has already achieved the full measured move down. The market cannot be trusted these days and it is still very much possible for Amazon to drop lower. I have included 2 support and resistance zones for upside and downside trading (also a GAP marked above in RED). This is not financial advise, just some observations. Happy Trading =)
NASDAQ:AMZN
by ChaldeaCode
Bear Markets are Tough, If in Doubt Zoom Out!Looks like there is a little more upside after todays bullish close. Then the inevitable will happen... Eventually lol! This market is very frustrating at times but when I'm in doubt, I remind myself to zoom out! Looks like we have been trading in this falling wedge since right after the end of March relief rally when we tried to reclaim the 200 SMA. My thesis is that we have not traded narrowly enough in this wedge for a real break out to occur. We had a very similar bear market rally starting at my 1st finger I have charted, 24th of May. During that rally we pushed up about 12% or 1400 points, 12% up from last Thursdays low would get us up to the top of my second lower high circled. I am waiting for a rejection around this last move up to the 13,700 range I have circled before I open up a bigger short position on QQQ, by then we should be overbought and trading around 300-310 range. If this plays out I will take profit at the bottom of this wedge and keep some protective puts in my back pocket as I attempt to catch a falling knife cost averaging in to potentially catch a BIG rally into the GOOGLE split! Feel free to give me your feedback, I am very new at charting and appreciate constructive criticism. Good luck and safe trading to you all! -Jake T NASDAQ:QQQ NASDAQ:NDX
NASDAQ:NDXShort
by jacobdtaylorddag
1
AMZN 45 min - Daily View + Bearish Breakout and retesting same level of 100.22 can push price more downward to lower levels. + Bullish short term trend can be implemented if 110.77 is broken, but a retest of this level and a price action of bearish momentum in this zone can again push price lower to same previous levels as 102.86 ( Orange path ) Disclaimer . Do NOT trade or invest based upon the analysis presented on this channel. Always do your own research and due diligence before investing or trading. I’ll never tell you what to do with your capital, trades or investments. I’ll also never recommend for you to buy, sell, long or short any asset, commodity, security, derivative or cryptocurrency related instrument as it's extremely HIGH RISK! You should always consult with a professional/licensed financial adviser before trading or investing in any cryptocurrency related product.
NASDAQ:AMZN
by UnknownUnicorn27462690