Amazon amzn stock price the latest upward move in Amazon AMZN

The latest upward move in Amazon AMZN stock price is tied to upbeat analyst reports projecting continued double-digit AWS revenue growth. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. An aerial view where an Amazon drone collided into a crane on Wednesday in Arizona. With Nasdaq tech stocks under mild pressure, Amazon AMZN stock price has shown relative strength, outperforming peers by 2% in weekly returns.