Amazon.com, Inc. (NASDAQ: AMZN) is back at the center of Wall Street’s AI and e‑commerce story. On Wednesday, December 3, 2025, investors are digesting a flood of news from AWS re:Invent, new ultrafast delivery pilots, and another round of bullish analyst upgrades that push some price targets well above $300 per share.
Amazon Stock Today: Price, Valuation, and Recent Performance
As of late morning trading in New York on December 3, Amazon shares change hands around $232 (AMZN), down roughly 1% on the day. That gives the company a market capitalization of about $2.48 trillion. Over the last twelve months, the stock has traded between $161.38 and $258.60. [1]
On a trailing twelve‑month basis, Amazon has generated about $691.3 billion in revenue and $76.5 billion in net income, for earnings per share of $7.08 and a P/E ratio near 33 (forward P/E just above 31). [2]
Despite those hefty profits and a huge AI narrative, Amazon has been a relative laggard among the “Magnificent…

