AMZN

Amazon.com, Inc.

73
Fundamentals61/ 100
Valuation70/ 100
Upside potential77/ 100
Risk potential11/ 100

AMZN has the edge over ZUMZ overall, supported by stronger valuation and stronger modeled upside.

ZUMZ

Zumiez Inc.

40
Fundamentals59/ 100
Valuation22/ 100
Upside potential63/ 100
Risk potential24/ 100

ZUMZ trails on the overall score without a compensating advantage in the available component scores.

AMZN Fundamentals

MetricStatus
Healthy
Healthy
Weak
Healthy

AMZN's revenue, profitability and balance sheet are currently healthy, but its cash flow is weak.

ZUMZ Fundamentals

MetricStatus
Stable
Healthy
Healthy
Strong

ZUMZ's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.

AMZN PE Valuation

CHEAPFAIREXPENSIVE84x167x251x335x
CHEAPFAIREXPENSIVE84x167x251x335x
LevelPEPriceVs current
Current22x$267—
Forward27x$267—
Cheap34x$415+55%
Fair60x$745+179%
Expensive102x$1,262+372%

Historical ranges are pointers, not guarantees.

AMZN has the edge over ZUMZ in the historical PE scenario, which offers more potential upside but is not a forecast.

ZUMZ PE Valuation

CHEAPFAIREXPENSIVE36x71x107x142x
CHEAPFAIREXPENSIVE36x71x107x142x
LevelPEPriceVs current
Cheap8.1x$5.19-63%
Fair14x$8.64-39%
Current22x$14.09—
Expensive25x$16.27+15%
Forward34x$14.09—

Historical ranges are pointers, not guarantees.

ZUMZ's PE is in its expensive range at 22x. On analysts' estimates for next year's earnings, today's price would be 34x.

AMZN Forward outlook

MetricOutlook
Strongly deteriorating
Strong growth
Growth
Improving
Moderate
Moderate

AMZN has the edge over ZUMZ on the outlook, with more favorable revenue and profitability expectations.

ZUMZ Forward outlook

MetricOutlook
Strongly deteriorating
Strong growth
Stable
Stable
Limited
Low

Analysts expect ZUMZ's earnings to grow, with its revenue and profitability holding steady. However, they disagree widely on these estimates.

AMZN Risk to reward

ScenarioChangePrice
Upside+38%$368.61
Downside-11%$237.96

Calculated from the latest close: $267.44 on Nov 12.

AMZN has a better modeled risk to reward balance than ZUMZ, with more potential upside relative to its potential downside.

ZUMZ Risk to reward

ScenarioChangePrice
Upside+41%$19.86
Downside-24%$10.76

Calculated from the latest close: $14.09 on Nov 12.

ZUMZ trails AMZN on modeled risk to reward, with less potential upside relative to its potential downside.

AMZN Earnings Per Share

Q4 2023: $2.90Q1 2024: $3.57Q2 2024: $4.18Q3 2024: $4.67Q4 2024: $5.53Q1 2025: $6.14Q2 2025: $6.56Q3 2025: $7.08Q4 2025: $7.17Q1 2026: $8.36Q2 2026: $12.43Q3 2026: $12.37Forward: $9.87
Q4 2023: $2.90Q1 2024: $3.57Q2 2024: $4.18Q3 2024: $4.67Q4 2024: $5.53Q1 2025: $6.14Q2 2025: $6.56Q3 2025: $7.08Q4 2025: $7.17Q1 2026: $8.36Q2 2026: $12.43Q3 2026: $12.37Forward: $9.87
QuarterTTM EPSYoY
Forward$9.87-20%
Q3 2026$12.37+75%
Q2 2026$12.43+89%
Q1 2026$8.36+36%
Q4 2025$7.17+30%
Q3 2025$7.08+52%
Q2 2025$6.56+57%
Q1 2025$6.14+72%
Q4 2024$5.53+91%

AMZN has the edge over ZUMZ on earnings, with more consistent year-over-year improvement.

ZUMZ Earnings Per Share

Q4 2023: $-0.94Q1 2024: $-3.25Q2 2024: $-3.15Q3 2024: $-2.75Q4 2024: $-2.57Q1 2025: $-0.09Q2 2025: $-0.02Q3 2025: $-0.04Q4 2025: $0.45Q1 2026: $0.78Q2 2026: $0.75Q3 2026: $0.64Forward: $0.42
Q4 2023: $-0.94Q1 2024: $-3.25Q2 2024: $-3.15Q3 2024: $-2.75Q4 2024: $-2.57Q1 2025: $-0.09Q2 2025: $-0.02Q3 2025: $-0.04Q4 2025: $0.45Q1 2026: $0.78Q2 2026: $0.75Q3 2026: $0.64Forward: $0.42
QuarterTTM EPSYoY
Forward$0.42-35%
Q3 2026$0.64+$0.68
Q2 2026$0.75+$0.77
Q1 2026$0.78+$0.87
Q4 2025$0.45+$3.02
Q3 2025-$0.04+$2.71
Q2 2025-$0.02+$3.13
Q1 2025-$0.09+$3.16
Q4 2024-$2.57-$1.63

ZUMZ has returned to profit: it earned $0.64 per share over the past year, after losing money the year before.

AMZN Quarterly Revenue

Q4 2023: $170BQ1 2024: $143BQ2 2024: $148BQ3 2024: $159BQ4 2024: $188BQ1 2025: $156BQ2 2025: $168BQ3 2025: $180BQ4 2025: $213BQ1 2026: $182BQ2 2026: $201BQ3 2026: $202B
Q4 2023: $170BQ1 2024: $143BQ2 2024: $148BQ3 2024: $159BQ4 2024: $188BQ1 2025: $156BQ2 2025: $168BQ3 2025: $180BQ4 2025: $213BQ1 2026: $182BQ2 2026: $201BQ3 2026: $202B
QuarterRevenueYoY
Q3 2026$201.9B+12%
Q2 2026$200.6B+20%
Q1 2026$181.5B+17%
Q4 2025$213.4B+14%
Q3 2025$180.2B+13%
Q2 2025$167.7B+13%
Q1 2025$155.7B+8.6%
Q4 2024$187.8B+10%

AMZN has the edge over ZUMZ on sales, with more consistent year-over-year improvement.

ZUMZ Quarterly Revenue

Q4 2023: $216MQ1 2024: $282MQ2 2024: $177MQ3 2024: $210MQ4 2024: $222MQ1 2025: $279MQ2 2025: $184MQ3 2025: $214MQ4 2025: $239MQ1 2026: $291MQ2 2026: $193MQ3 2026: $209M
Q4 2023: $216MQ1 2024: $282MQ2 2024: $177MQ3 2024: $210MQ4 2024: $222MQ1 2025: $279MQ2 2025: $184MQ3 2025: $214MQ4 2025: $239MQ1 2026: $291MQ2 2026: $193MQ3 2026: $209M
QuarterRevenueYoY
Q3 2026$209M-2.5%
Q2 2026$193.3M+4.9%
Q1 2026$291.3M+4.4%
Q4 2025$239.1M+7.5%
Q3 2025$214.3M+1.9%
Q2 2025$184.3M+3.9%
Q1 2025$279.2M-0.9%
Q4 2024$222.5M+2.8%

ZUMZ's revenue fell from its 2022 peak and has held roughly level since: $209M last quarter, down 2.5% from the same quarter a year ago.

AMZN Free Cash Flow

Q4 2023: $27.9BQ1 2024: $4.1BQ2 2024: $7.7BQ3 2024: $3.4BQ4 2024: $17.8BQ1 2025: −$8BQ2 2025: $332MQ3 2025: $430MQ4 2025: $14.9BQ1 2026: −$18.2BQ2 2026: −$8.8BQ3 2026: −$34.8B
Q4 2023: $27.9BQ1 2024: $4.1BQ2 2024: $7.7BQ3 2024: $3.4BQ4 2024: $17.8BQ1 2025: −$8BQ2 2025: $332MQ3 2025: $430MQ4 2025: $14.9BQ1 2026: −$18.2BQ2 2026: −$8.8BQ3 2026: −$34.8B
QuarterFree cash flowYoY
Q3 2026-$34.8B-8202%
Q2 2026-$8.8B-2757%
Q1 2026-$18.2B-$10.2B
Q4 2025$14.9B-16%
Q3 2025$430M-87%
Q2 2025$332M-96%
Q1 2025-$8B-297%
Q4 2024$17.8B-36%

AMZN's free cash flow was −$46.9B over the past year, against $10.6B the year before.

ZUMZ Free Cash Flow

Q4 2023: −$3MQ1 2024: $34MQ2 2024: −$21MQ3 2024: −$565,000Q4 2024: −$22MQ1 2025: $50MQ2 2025: −$24MQ3 2025: $9MQ4 2025: $3MQ1 2026: $54MQ2 2026: −$30MQ3 2026: −$2M
Q4 2023: −$3MQ1 2024: $34MQ2 2024: −$21MQ3 2024: −$565,000Q4 2024: −$22MQ1 2025: $50MQ2 2025: −$24MQ3 2025: $9MQ4 2025: $3MQ1 2026: $54MQ2 2026: −$30MQ3 2026: −$2M
QuarterFree cash flowYoY
Q3 2026-$2.4M-125%
Q2 2026-$29.8M-$5.5M
Q1 2026$54.1M+8.9%
Q4 2025$3.1M+$25.4M
Q3 2025$9.5M+$10.1M
Q2 2025-$24.3M-$3.2M
Q1 2025$49.7M+48%
Q4 2024-$22.3M-$19.3M

ZUMZ has the edge over AMZN on cash generation, producing positive trailing cash flow while its opponent burns cash.

AMZN Total Shares

Q4 2023: 10.5BQ1 2024: 10.7BQ2 2024: 10.7BQ3 2024: 10.7BQ4 2024: 10.7BQ1 2025: 10.8BQ2 2025: 10.8BQ3 2025: 10.8BQ4 2025: 10.8BQ1 2026: 10.9BQ2 2026: 10.9BQ3 2026: 10.9B
Q4 2023: 10.5BQ1 2024: 10.7BQ2 2024: 10.7BQ3 2024: 10.7BQ4 2024: 10.7BQ1 2025: 10.8BQ2 2025: 10.8BQ3 2025: 10.8BQ4 2025: 10.8BQ1 2026: 10.9BQ2 2026: 10.9BQ3 2026: 10.9B
PeriodChange %Net change
Quarterly+0.2%+26M shares
1 year+0.8%+84M shares
3 years+3.5%+371M shares
5 years+6.1%+629M shares
Available history+8.2%+829M shares

AMZN has 10.9B diluted shares, up 0.8% from a year ago.

ZUMZ Total Shares

Q4 2023: 19MQ1 2024: 19MQ2 2024: 19MQ3 2024: 19MQ4 2024: 19MQ1 2025: 19MQ2 2025: 18MQ3 2025: 17MQ4 2025: 17MQ1 2026: 17MQ2 2026: 16MQ3 2026: 16M
Q4 2023: 19MQ1 2024: 19MQ2 2024: 19MQ3 2024: 19MQ4 2024: 19MQ1 2025: 19MQ2 2025: 18MQ3 2025: 17MQ4 2025: 17MQ1 2026: 17MQ2 2026: 16MQ3 2026: 16M
PeriodChange %Net change
Quarterly-3.1%-497K shares
1 year-5.9%-990K shares
3 years-19%-3.6M shares
5 years-39%-9.9M shares
Available history-39%-9.9M shares

ZUMZ has the edge over AMZN on shareholder dilution, with a more favorable share count trend.

AMZN Net Leverage

Q4 2023: -0.1xQ1 2024: -0.1xQ2 2024: -0.1xQ3 2024: -0.1xQ4 2024: -0.2xQ1 2025: -0.1xQ2 2025: -0.0xQ3 2025: -0.1xQ4 2025: -0.1xQ1 2026: 0.1xQ2 2026: 0.3xQ3 2026: 0.7x
Q4 2023: -0.1xQ1 2024: -0.1xQ2 2024: -0.1xQ3 2024: -0.1xQ4 2024: -0.2xQ1 2025: -0.1xQ2 2025: -0.0xQ3 2025: -0.1xQ4 2025: -0.1xQ1 2026: 0.1xQ2 2026: 0.3xQ3 2026: 0.7x
QuarterNet LeverageStatus
Q3 20260.7xVery low
Q2 20260.3xVery low
Q1 20260.1xVery low
Q4 2025-0.1xNet Cash
Q3 2025-0.1xNet Cash
Q2 2025-0.0xNet Cash
Q1 2025-0.1xNet Cash
Q4 2024-0.2xNet Cash

AMZN's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.

ZUMZ Net Leverage

Q4 2023: -9.4xQ1 2025: -4.7xQ2 2025: -2.6xQ4 2025: -2.4xQ1 2026: -3.4xQ2 2026: -1.6xQ3 2026: -1.3x
Q4 2023: -9.4xQ1 2025: -4.7xQ2 2025: -2.6xQ4 2025: -2.4xQ1 2026: -3.4xQ2 2026: -1.6xQ3 2026: -1.3x
QuarterNet LeverageStatus
Q3 2026-1.3xNet Cash
Q2 2026-1.6xNet Cash
Q1 2026-3.4xNet Cash
Q4 2025-2.4xNet Cash
Q2 2025-2.6xNet Cash
Q1 2025-4.7xNet Cash
Q4 2023-9.4xNet Cash
Q3 2023-3.7xNet Cash

ZUMZ has the edge over AMZN on leverage, with a lower net debt burden relative to earnings.

AMZN Weekly Momentum

MetricValueStatus
RSI57.1Neutral
Stochastic50.0Neutral

AMZN's weekly RSI is 57 (neutral) and its Stochastic is 50 (neutral).

ZUMZ Weekly Momentum

MetricValueStatus
RSI36.8Neutral
Stochastic18.2Oversold

ZUMZ's weekly RSI is 37 (neutral) and its Stochastic is 18 (oversold).

AMZN PE vs Consumer Cyclical Sector

MetricAMZNSector medianRelative
PE22x18x20% above
PE %44743 pts below

AMZN has the edge over ZUMZ on valuation relative to its sector.

ZUMZ PE vs Consumer Cyclical Sector

MetricZUMZSector medianRelative
PE22x18x22% above
PE %764729 pts above

ZUMZ is trading at 22x earnings, a 22% premium to the Consumer Cyclical sector's median of 18x.

AMZN Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$253.65.5% above
20 week MA$254.94.9% above
50 week MA$242.510% above
100 week MA$229.617% above
200 week MA$191.440% above

AMZN has the edge over ZUMZ on trend strength, trading above more of its moving averages.

ZUMZ Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$14.10.2% above
20 week MA$16.314% below
50 week MA$20.933% below
100 week MA$18.624% below
200 week MA$19.026% below

ZUMZ has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 26% below its 200-week average.

AMZN Yearly ROI

YearStart priceEnd priceROI
2020$93.5$158.6+70%
2021$158.6$171.1+7.8%
2022$171.1$85.3-50%
2023$85.3$151.9+78%
2024$151.9$223.8+47%
2025$223.8$232.5+3.9%
2026 YTD$232.5$267.4+15%

AMZN has the edge over ZUMZ on returns for 2026, with the stronger performance.

ZUMZ Yearly ROI

YearStart priceEnd priceROI
2020$32.7$36.0+10%
2021$36.0$45.9+27%
2022$45.9$21.0-54%
2023$21.0$20.3-3.2%
2024$20.3$19.5-4.3%
2025$19.5$27.2+40%
2026 YTD$27.2$14.1-48%

ZUMZ has finished lower in three of the last six years. It's down 48% so far in 2026.

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