Amazon share price history
Follow the Amazon share price history to spot the best trading opportunities with Currency.com’s tokenised assets platform
Amazon price history
Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington focused on e-commerce, cloud computing, digital streaming, and artificial intelligence operations. It was founded in 1994 by Jeff Bezos and had its initial public offering in 1997. Since its inception it has grown to become one of the largest companies in the world.
Looking at Amazon stock price history shows that the company has achieved a cumulative market capitalisation growth rate of more than 230,000 per cent since its IPO in 1997, with 2020 being a particularly strong year. Amazon historical data shows that net income (year-over-year) more than doubled from $3.3bn in 2019 to $7.23bn in 2020. This was in large part due to substantial increases in its international business segment as well as cloud computing services. Revenues surpassed $100bn for the first time in 2020 reported at $125.6bn, representing an increase of more than 44 per cent from 2019. This vastly exceeded analysts’ expectations and led to further interest in the stock price. Utilising the Amazon share price history graph, you can correlate price fluctuations with larger market events to better understand the effects that similar future events may have on the share price.
The highest close in Amazon share price history was $3531.45 on September 2, 2020. Amazon historical prices show that the company has recorded a triple digit stock price increase in 1998, 2003, 2007, 2009 and 2015 with above market performance every year since 2015. The consensus view on Amazon stock history is that the company has returned consistent gains based on an ability to innovate and disrupt traditional markets.
AMZN price history
|Oct 25, 2021||3327.35||-15.70||-0.47%||3343.05||3347.36||3295.08|
|Oct 22, 2021||3331.85||-74.43||-2.19%||3406.28||3432.28||3327.36|
|Oct 21, 2021||3417.29||16.08||0.47%||3401.21||3437.20||3397.29|
|Oct 20, 2021||3405.29||7.12||0.21%||3398.17||3457.72||3397.40|
|Oct 19, 2021||3444.26||2.00||0.06%||3442.26||3452.26||3418.75|
|Oct 18, 2021||3441.76||55.46||1.64%||3386.30||3446.23||3377.31|
|Oct 15, 2021||3406.79||104.43||3.16%||3302.36||3408.26||3297.23|
|Oct 14, 2021||3300.48||3.68||0.11%||3296.80||3310.37||3287.61|
|Oct 13, 2021||3287.39||37.99||1.17%||3249.40||3288.49||3247.41|
|Oct 12, 2021||3237.42||10.48||0.32%||3226.94||3264.64||3226.93|
|Oct 11, 2021||3237.43||-29.97||-0.92%||3267.40||3289.79||3233.43|
|Oct 8, 2021||3285.89||-4.89||-0.15%||3290.78||3319.60||3278.51|
|Oct 7, 2021||3301.38||16.54||0.50%||3284.84||3322.96||3280.45|
|Oct 6, 2021||3267.42||91.95||2.90%||3175.47||3278.60||3171.87|
|Oct 5, 2021||3213.44||26.86||0.84%||3186.58||3257.97||3184.30|
|Oct 4, 2021||3189.26||-58.15||-1.79%||3247.41||3278.89||3173.58|
|Oct 1, 2021||3279.38||24.90||0.77%||3254.48||3305.11||3246.41|
|Sep 30, 2021||3286.04||-35.32||-1.06%||3321.36||3324.79||3271.00|
|Sep 29, 2021||3306.37||-28.98||-0.87%||3335.35||3348.64||3294.38|
|Sep 28, 2021||3317.36||-29.97||-0.90%||3347.33||3366.75||3287.49|
What factors affect the share price?
There are multiple macro-economic factors which affect nearly all share prices to some degree. These are things such as interest rates, consumer confidence, unemployment, and geopolitical dynamics. In the case of Amazon price history there are five main factors which have influenced the performance of the stock. These are:
Amazon is the market leader in online retail sales but increasing competition, particularly from huge Chinese e-commerce companies like Alibaba, could become more of a factor in the future.
- Profit potential uncertainty
Amazon operates on a razor thin profit margin as it continues to focus on expansion and market dominance. There is the potential for disruption at any stage of its business model to negatively affect its ability to operate profitably.
- Revenue Growth
As stated earlier, revenues at Amazon increased by 44 per cent in 2020. Huge gains like this can be difficult to maintain over the long-term. Amazon has shown that it is able to innovate to consistently increase revenues and that prolonged growth is not impossible.
Traders have shown that the price of stock can increase substantially without any basis in fundamentals, think GameStop in early 2021. There is the potential for both institutional and retail investors to increase or decrease the value of a stock based purely on speculative trading.
As the world emerges from the pandemic there could be an increase in volatility as governments will be eager to increase interest rates and realign budgets, which have ballooned during the recent economic crisis. The rising influence of retail investors could also lead to increasing volatility in the markets.
Why look at historical data?
Traders can view the Amazon historical prices on the Amazon stock price history chart. Analysing historical data can provide valuable information regarding the past performance of the underlying asset, in this case the AMZN share price, during different economic or political scenarios. For example, by looking at Amazon stock price history during significant economic downturns and comparing them you can gain insight into how the underlying cause of a recession will affect the price differently. As one would expect the price of AMZN stock dropped quite drastically in 2000 as the stock market crashed in the .com bubble, however Amazon was a net beneficiary of the latest recession brought on by the coronavirus pandemic as consumers’ preference for online shopping exploded due to stay at home orders. Analysing the Amazon share price history is also a valuable tool for traders looking to perform a more thorough comparison of stock price based on qualitative or quantitative analysis.
Historical data is also a valuable tool in correlating future revenue growth with stock price. By comparing Amazon share price history to revenue increases you can gain insight into the share price inflation value. Share price inflation is an indication of how much anticipated future growth is already priced into the stock value. The Amazon stock price history chart is also valuable to compare performance with other companies or indexes. By reviewing the data a trader can see that Amazon stock outperformed the leading S&P 500 index by 58 per cent in 2020.
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