Forecast Of The Day: Amazon International Revenues
What?
Amazon (NASDAQ:AMZN) International Revenues rose from around $75 billion in 2019 to about $104 billion in 2020. Trefis expects the metric to rise further to about $120 billion in 2021 and to about $138 billion in 2022.
Why?
- Up More Than 100% Since The Start Of 2023, Where Is Amazon Stock Headed?
- Amazon Stock Outperformed The Q3 Estimates, What’s Next?
- Amazon Stock Is Up 50% YTD, Can It Top The Estimates In Q3?
- Amazon Stock Surpassed The Street Expectations In Q2
- Amazon Stock Is Undervalued
- Amazon Stock To Beat The Consensus In Q1
We expect growth to be driven by higher demand from emerging markets and Amazon’s expansion into new regions.
So What?
We think Amazon stock is undervalued at current levels. We value AMZN at about $4070 per share, about 20% ahead of the current market price.
See Our Complete Analysis For Amazon
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| Returns | Dec 2021 MTD [1] |
2021 YTD [1] |
2017-21 Total [2] |
| AMZN Return | -8% | 4% | 353% |
| S&P 500 Return | -2% | 23% | 106% |
| Trefis MS Portfolio Return | 0% | 44% | 286% |
[1] Month-to-date and year-to-date as of 12/19/2021
[2] Cumulative total returns since 2017