Companies/Consumer Discretionary/Internet retail and cloud computing

Amazon

AMZN · NasdaqEarnings Oct 29 (est.)Seattle, Washington1.6M employeesWebsite ↗
258.89▼ 0.45%Pooled price · full market data →

What matters nowUpdated 9 h ago

  • Latest: on Oct 11 the WSJ reported that Amazon is in talks to buy AI startup Decart for about $7B, though neither company has confirmed a deal 1; on Oct 9 Judge Chun denied Amazon's request to push the FTC monopolization trial to June 2027, so it stays set for March 29, 2027 2.
  • Price: AMZN was 259.045 at 11:51 UTC on Oct 13, down 0.39% from a prior close of 260.06, using a pooled 24/7 venue price across 7 venues rather than an exchange close. The stock jumped 12.18% on Jul 30 after the Q2 report showed AWS sales up 37% and a 2026 capex plan of about $220B, and rose 3.06% to 262.80 on Oct 9 as 20 of 28 covered instruments closed higher, though no report ties that move to the FTC ruling.
  • Numbers: trailing twelve-month revenue is $775.7B, up 15.8% year over year, with EPS of $12.43 up 89.5%, a 12.1% operating margin, and trailing free cash flow of -$11.6B as of June 30, 2026; the stock trades at a P/E of 20.84 and an EV/EBITDA of 16.9, with net debt of $55.1B.
  • Positioning: insiders filed 28 planned sales totaling 1.46M shares worth $411.7M over the last 180 days and no buys, while Polymarket gives a 79.5% chance that AMZN hits $264 in October and a 1.8% chance that it hits $200.
  • Next: Q3 2026 earnings are estimated for Oct 29, 2026 but are not yet confirmed, against guidance of $197-202B in net sales and $22.5-26.5B in operating income, and the September CPI report lands on Oct 14 at 12:30 UTC.

Amazon.com runs the largest online retail marketplace in the US and many other countries, plus logistics, advertising, subscriptions and Amazon Web Services (AWS), the largest cloud infrastructure business. In fiscal 2025 AWS was about 18% of net sales but about 57% of operating income, so cloud margins and AI capacity spending drive the stock. The company is now spending heavily on AI data centers, custom chips and satellite broadband.

How it makes money

Amazon earns retail revenue from first-party sales and third-party seller fees, fulfillment and shipping services, advertising, and Prime memberships. AWS sells pay-as-you-go cloud computing, storage, databases and AI services, and is the main profit engine. Growth now depends on how fast AWS can add AI capacity and on whether the retail business keeps its margins.

Last 12 monthsChart & venues →

200.51238.57276.62Amazon becomes lead customer in $1B-plus Synopsys silicon IP deal1Amazon gets warrant for up to 25M Qualcomm shares tied to $60B of purchases2FTC and 22 states sue Amazon over alleged inflated advertising auction prices3AWS and Nvidia plan 2 million more GPUs for 2027-2028, plus 100,000 for US government4Zoox says it will charge Las Vegas robotaxi riders starting August 105Amazon stock jumps 15.3% on July 31 after AWS growth accelerates to 37%6Amazon raises 2026 capex to about $220B from $200B on memory costs; AWS backlog hits $496B7NHTSA grants Zoox first exemption for paid rides in a robotaxi with no steering wheel8Dec 31Mar 13May 23Aug 2Oct 12
Numbered dots: the stories that mattered. Click one.

Valuation & fundamentalsFull financials →

Market cap$2.79Tpooled price × shares
Enterprise value$2.85T+ net debt $55.11B
P/E (TTM)20.8×EPS $12.43
EV / EBITDA16.9×EBITDA $168.91B
P / Sales3.6×EV/Sales 3.7×
P / Book5.1×equity $551.62B
FCF yield-0.4%FCF −$11.63B
Shareholder yield—div — · buyback —
Revenue (TTM)$775.68B15.8% YoY
Last quarter revenue19.6%growth YoY
EPS growth (TTM)89.5%last Q 242.3%
Gross margin50.8%operating 12.1%
Net margin17.4%EBITDA 21.8%
ROE30.6%on average equity
Cash$78.21Bdebt $133.32B
Shares out10.78Bdiluted 10.90B

TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →

Biggest businessesAll products & projects →

Latest newsAll news →

Cantor Fitzgerald cuts Amazon price target to $310 from $320, keeps Overweight

Cantor Fitzgerald analyst Deepak Mathivanan lowered his Amazon price target to $310 from $320 on October 12, 2026, and kept an Overweight rating ahead of the Q3 report.

Analysts

Amazon in talks to buy AI startup Decart for about $7B, WSJ reports

The Wall Street Journal reported on October 11 that Amazon is in talks to acquire Decart, a San Francisco AI startup, in a deal valued at around $7 billion, citing people familiar with the matter.

M&A

Judge Chun denies Amazon request to delay FTC monopoly trial to June 2027

A federal judge in Washington, John Chun, rejected Amazon's request to push back the FTC's monopolization trial to June 2027.

Legal

Prime Big Deal Days runs October 6-7 in 22 countries, with deals in 35+ categories

Amazon ran Prime Big Deal Days as a 48-hour, Prime-members-only sales event from 12:01 a.m.

Product

Amazon pledges more than $1B over five years to communities that host its US data centers

Amazon announced its Built Together program, adding more than $1 billion over five years to its existing work in communities where it operates US data centers.

News

NTSB preliminary report on Sept. 6 Miami cargo crash: first officer warned of excess speed

The NTSB's 12-page preliminary report on the September 6 landing of a 21 Air Boeing 767 freighter flown for Amazon at Miami International Airport found the jet touched down about 3,750 feet past the threshold at roughly 184 mph.

Regulation