Are Wall Street Analysts Bullish on Amazon Stock?

Amazon.com, Inc. (AMZN), with a whopping market cap of around $2 trillion, is a global technology and e-commerce giant headquartered in Seattle, Washington. Founded by Jeff Bezos in 1994, the company began as an online bookstore and quickly evolved into the world’s largest online retailer, offering everything from electronics and apparel to cloud computing services and entertainment.

Amazon's shares have struggled to keep up with the broader market over the past 52 weeks. AMZN has gained 5.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 10.6%. This year, shares of AMZN are down 15.9%, compared to $SPX's 5.3% dip on a YTD basis.