Amazon Underperformed The Revenue Consensus In Q3, What’s Next?

Amazon Underperformed The Revenue Consensus In Q3, What’s Next?

Amazon’s stock (NASDAQ: AMZN) has lost approximately 38% YTD as compared to the 18% drop in the S&P500 index over the same period. However, at its current price of $103, the stock is trading 36% below its fair value of $160 – Trefis’ estimate for Amazon’s valuation.