Powers
The Wizard Shazam has many superhuman powers and abilities as the result of his magical skills as well as powers bestowed to him as the representative of the various "gods" whose powers the Wizard gives to certain representatives of those gods as their champion as in the cases of Black Adam and Batson.
Some of the more notable powers that the Wizard Shazam possesses are:
M for the Stamina of Marzosh: Using Marzosh's endurance, Shazam can withstand and survive most types of extreme physical assaults. Additionally, he does not need to eat, sleep, or breath.
Superhuman Endurance
Self-Sustenance
A for the Speed of Arel: By channeling Arel's speed, Shazam can fly and move at supersonic speeds and, in space, supersolar speeds.
Supersonic Speed
Flight
R for the Power of Ribalvei: Ribalvei' power, besides fueling the magic thunderbolt that transforms Shazam, also enhances Shazam's other physical abilities, provides physical invulnerability and resistance against most magic spells and attacks, and allows for interdimensional travel. Shazam can use the lightning bolt as a weapon by dodging it and allowing it to strike an opponent or target. The magical lightning has many uses, including creating apparatus, restoring damage done to Shazam, or acting as fuel for magical spells.
Invulnerability
Magical Resistance
Physical Enhancement
Interdimensional Travel
Spell Source
Advanced Healing
V for the Strength of Voldar: Shazam has incredible amounts of super strength, able to easily bend steel, punch through walls and lift massive objects. Shazam's strength is enough that he can probably fight against beings such as Superman or Wonder Woman to a standstill.
Superhuman Strength
E for the Courage of Elbiam: Like the wisdom, this aspect is primarily psychological, and gives Shazam superhuman amounts of inner strength from which to draw.
Superhuman Inner Strength
L for the Wisdom of Lumiun: As The Champion, Shazam has instant access to a vast amount of scholarly knowledge. The wisdom of Lumiun also gives Shazam clairvoyance and provides him with counsel and advice in times of need. He has knowledge of all languages, ancient and modern, and could hypnotize people as well, through this power.
Superhuman Knowledge
Keeper of the Rock of Eternity: As the Guardian of the Rock of Eternity he is one with the Rock as it is a part of him. He channels the energies of the primal God-wave and the Greek Lords of Magic through the Rock of Eternity. As such he is infused with the duty to keep the power and the magic of the earth realm in balance. As keeper of the Rock of Eternity he also holds the dark forces at bay.
Inherent Omnipresence: apparently possessing the power to be everywhere, at all times (i.e. multiple dimensions and places in time.
Inherent Omniscience: apparently possessing the power to know anything that he chooses to know and can be known .
Teleportation
Telepathy: ability to read the minds of others and project thoughts.
Sorcery: Nigh-omnipotent mastery of magics and mysticism.
Immortal
Abilities
Genius-Level Intellect: Knowledgeable about basically everything
Strength level
None
Weaknesses
Bound to the Rock of Eternity though the Wizard's spirit can leave the Rock of Eternity for short periods of time. It should be noted that the Wizard gets weaker the longer he is away from it.