Amazon's Revenue Beat Surprises Analysts and Its Cash Flow Surges (Not FCF) - AMZN Stock Could Still Be Undervalued

Amazon, Inc.'s (AMZN) Q3 revenue surprised analysts after the market closed on Oct. 30, coming in about 1.3% above expectations. Analysts had been expecting around $177.76 billion in quarterly sales, according to Seeking Alpha, but it came in at $180.17 billion, up 13% YoY.

Moreover, its trailing 12-month (TTM) operating cash flow (OCF) remained strong, with 16% Y/Y growth, and its TTM OCF margin on revenue was 19%. That implies its future value could be higher. This article will show why it could be up to 26% too cheap.