#In One Chart: Amazon Prime is raising its price: Here’s how much it has gone up over the years

“#In One Chart: Amazon Prime is raising its price: Here’s how much it has gone up over the years”

Amazon Prime price increase: Here’s how much it has gone up over the years

Amazon.com Inc. announced Thursday it is increasing prices for the company’s flagship shipping and streaming service Amazon Prime to $139 from $119 a year.

In Amazon’s fourth-quarter earnings report, the company disclosed a quarterly profit of $14.3 billion, or $27.75 a share — and Amazon stock
AMZN,
-7.81%
shot up 14% in Thursday’s after-hours session.

Here is how annual prices for Amazon Prime have increased over the years:

“Increasing the fee again this year seems reasonable and would maintain the latest cadence of about four years,” wrote Jefferies analysts led by Brent Thill.

Amazon stock is down 4.78% over the past 12 months, compared to an 18.03% gain for the S&P 500
SPX,
-2.44%
index over the same period.

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