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不過兩個月,亞馬遜的市值跌去超過2500億美元

不過兩個月,亞馬遜的市值跌去超過2500億美元

Kevin Kellher 2018-11-04
今年10月,科技股遭到大筆拋售,亞馬遜也受到重創(chuàng)。

亞馬遜花了18年市值才達(dá)到2500億美元。然而市值縮水2500億美元只花了不到八個星期。

今年9月4日,亞馬遜成為繼蘋果之后第二家市值達(dá)到1萬億美元的公司。當(dāng)日亞馬遜股價收于2039.51美元,市值剛好達(dá)到1.02萬億美元。第二天其市值低于1萬億美元,不過9月的最后幾天,亞馬遜仍然留在萬億美元市值俱樂部里。

然而今年10月,科技股遭到大筆拋售,亞馬遜也受到重創(chuàng)。較9月初的歷史高點(diǎn),股價已下跌25%,市值跌幅略超過2500億美元。

本輪科技股拋售潮中,亞馬遜和Netflix之類科技股由于主要為未來發(fā)展投資,不太注重近期利潤,所以受打擊最為嚴(yán)重。而且這類股票估值都很高。即便經(jīng)歷了10月的下跌,亞馬遜股價仍然達(dá)到2018年預(yù)期利潤的82倍,Netflix股價為未來利潤的107倍。

除了股價下跌,上周亞馬遜公布的盈利報告顯示收入水平低于華爾街預(yù)期。亞馬遜還警告稱,當(dāng)前季度收入增長率可能在10%到20%之間,而當(dāng)季包括了假期購物旺季。此外分析師對當(dāng)季收入增長預(yù)期為22%。

顯然亞馬遜總部已注意到市值大幅縮水一事,但首席執(zhí)行官杰夫·貝佐斯不太可能因此改變對未來增長的規(guī)劃。從貝佐斯第一次寫股東信開始,就認(rèn)定了增長導(dǎo)向的戰(zhàn)略。過去公司也經(jīng)歷過股價動蕩,卻從未改變其長期發(fā)展計(jì)劃。(財富中文網(wǎng))

譯者:Pessy

審校:夏林

It took Amazon 18 years to reach a market cap of $250 billion. It’s taken Amazon less than eight weeks to give up $250 billion in market value.

On Sept. 4, Amazon became the second U.S. stock after Apple to reach a market cap of $1 trillion. The stock closed at $2,039.51 a share that day, briefly giving it a market cap of $1.02 trillion. The stock’s value dipped below $1 trillion the next day, but for a few days at the end of September, it again earned the gilded honor as a member of the trillion-dollar club.

A brutal selloff in tech stocks has hammered Amazon on October, however. The company has fallen 25% from its record high point in early September, stripping a little more than $250 billion in market value from the stock.

The tech selloff has hit especially hard those tech stocks, like Amazon and Netflix, that have been investing heavily in future growth rather than focusing on near-term profits. That has left them with high valuations. Even after this month’s declines, Amazon trades at 82 times its forecasted earnings for 2018, while Netflix trades at 107 times its future earnings.

Adding to declines, Amazon reported earnings last week that showed revenue below Wall Street estimates. Amazon also warned that revenue growth in the current quarter—which includes the busy holiday season—would be as low as 10% and as high as 20%. Analysts had been forecasting revenue growth of 22% in the quarter.

While the loss in Amazon’s market cap is surely not going unnoticed in its Seattle headquarters, it’s unlikely to prompt CEO Jeff Bezos to alter his plans for the company’s future growth. Bezos has hewed to a growth-oriented strategy ever since he wrote his first letter to shareholders. Volatile stock swings in the company’s past have done little to change that long-term plan.

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