Amazon stock heads into Monday’s session in a very different place from just a few weeks ago.
After hitting record highs on AI optimism and blockbuster Q3 results, Amazon.com Inc. (NASDAQ: AMZN) has now given back all of its 2025 gains. Shares are slightly down for the year, and the stock just logged a rough week as investors re‑price Big Tech’s massive AI spending binge. [1]
If you’re watching AMZN before the U.S. market opens on Monday, November 24, 2025, here’s a detailed look at where the stock stands, what has changed in the last few days, and the key storylines that could drive the next move.
1. Amazon stock right now: price, performance and valuation
As of Friday’s close (November 21, 2025):
- Last close: $220.69
- After-hours quote: $221.50
- Market cap: about $2.36 trillion
- Trailing EPS (TTM): $7.08
- P/E ratio: ~31.2
- Forward P/E: ~29.7
- 52‑week range: $161.38 – $258.60 [2]
The stock is trading roughly 13% below its early‑November peak (all‑time high close…