Amazon.com (AMZN) Expected to Release Earnings on Thursday

Amazon.com (NASDAQ:AMZN) is anticipated to release its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect Amazon.com to post earnings of $1.97 per share and revenue of $202.22 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 5:00 PM ET.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. Amazon.com’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.68 earnings per share. On average, analysts expect Amazon.com to post $7.55 EPS for the current fiscal year and $10.65 EPS for the next fiscal year.

Amazon.com Price Performance

NASDAQ:AMZN opened at $249.09 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $2.69 trillion, a P/E ratio of 20.04, a P/E/G ratio of 2.04 and a beta of 1.45. Amazon.com has a 12 month low of $196.00 and a 12 month high of $287.20. The business’s 50-day moving average is $255.64 and its 200 day moving average is $243.00.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of research reports. UBS Group restated a “buy” rating and issued a $348.00 target price (up from $318.00) on shares of Amazon.com in a report on Monday. Tigress Financial reiterated a “buy” rating and set a $385.00 price objective (up from $315.00) on shares of Amazon.com in a report on Tuesday, October 6th. JPMorgan Chase & Co. lifted their price objective on Amazon.com from $330.00 to $365.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Wells Fargo & Company set a $329.00 price target on Amazon.com and gave the stock an “overweight” rating in a research report on Monday, October 12th. Finally, Barclays reaffirmed an “overweight” rating and set a $365.00 price target (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. Fifty-seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $325.12.

Insider Transactions at Amazon.com

In related news, CEO Douglas Herrington sold 6,362 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the sale, the chief executive officer directly owned 476,681 shares of the company’s stock, valued at approximately $123,465,145.81. This represents a 1.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the sale, the chief executive officer directly owned 17,794 shares in the company, valued at approximately $4,609,713.64. The trade was a 44.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 71,589 shares of company stock worth $18,580,515. Insiders own 8.90% of the company’s stock.

Key Headlines Impacting Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: AWS demand is the main catalyst. Amazon CEO Andy Jassy said AWS capacity is largely sold out through 2027, while analysts expect cloud growth to exceed forecasts as customers expand AI-computing usage. The combination of rising demand and a large backlog could support faster revenue growth and improve investor confidence in AWS. Amazon cloud growth expected to beat forecasts as AI demand strengthens
• Positive Sentiment: Anthropic’s IPO filing reinforces Amazon’s AI-infrastructure opportunity. The filing disclosed at least $110 billion of non-cancelable cloud commitments with Amazon, providing substantial long-term visibility for AWS. Amazon is also an Anthropic investor, creating potential upside from both cloud revenue and the value of its equity stake. Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Analysts remain bullish ahead of earnings. UBS said expectations may be too low and sees substantial upside, while other analysts maintained Buy ratings and price targets ranging from $320 to $350, citing AWS growth, AI demand and resilient retail operations. Amazon analyst expectations and AWS growth
• Neutral Sentiment: Results are the immediate test. Investors will watch AWS growth, operating margins, capital expenditures, free cash flow and fourth-quarter guidance. The Federal Reserve’s policy decision and earnings from Microsoft and Alphabet may also influence sentiment toward mega-cap technology and AI stocks. Big Tech earnings outlook
• Negative Sentiment: High AI spending remains a risk. Amazon must invest heavily in data centers and computing capacity to serve its backlog, creating uncertainty over near-term margins, depreciation and free cash flow. Investors may also be concerned about intensifying competition from Walmart’s membership strategy and other digital-commerce platforms.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company’s principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.