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AMZN

Amazon

NASDAQConsumer DiscretionaryInternet RetailSnapshot 2026-05-08

$272.68+0.56%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, AMZN has a composite score of 15.9 and a signal label of "mild favorable." This score is influenced by various factors, including a medium confidence level of 73.3 and a moderate risk label. The top drivers affecting the score include macroeconomic factors such as growth, rates, inflation, and labor. The analysis is provisional.

Composite +16as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.01
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
15307191711742216693
F2 · Value
expensive
Most expensive 20% of consumer discretionary cohort
Why this rank
Price
$272.68
TTM EPS
$6.04
Earnings yield
2.2%
P/E (TTM)
45.1

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
robust
Top 30% cash conversion in consumer discretionary cohort
Why this rank
TTM NI ($M)
59,248
TTM CFO ($M)
115,877
CFO/NI
1.96
L2

Watch

has something changed worth re-reading?
F4 · Management stability
stable
Top 30% activity in consumer discretionary cohort· see deep-dive ↓
capital friendlyTop 10% capital-friendly in consumer discretionary cohort
Earnings setup · pre-print positioning
forward-looking
bullish strong27 PT revisions / 30d, avg 20.6% above currentfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $1.79 → $1.82 (+1.6% / 30d). 22 raised, 8 cut, 45 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 35 maintained. 93% of analysts rate Buy.

Price target activity

27 PT revisions / 30d. Avg target 20.6% above current price.

Material events

2 positive, 0 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

4 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Expand AWS and AI capabilitiesproducton track100% progressprovisional
    2/5: CEO: 'AWS growing 24%...our chips business growing triple digit percentages year-over-year.'
    Why this status

    Stated in 4 of last 4 quarters. AWS segment sales increased 24% year-over-year to $35.6 billion in 2025-Q4, showing strong growth and innovation in AI and cloud services. The trajectory is delivering on management's emphasis on expanding AWS and AI capabilities.

  2. 2.Increase revenue growthgrowthon track100% progressprovisional
    2/5: Net sales increased 14% to $213.4 billion in the fourth quarter, compared with $187.8 billion in fourth quarter 2024.
    Why this status

    Stated in 4 of last 4 quarters. Net sales increased 14% to $213.4 billion in 2025-Q4, showing consistent revenue growth across Amazon's segments. The trajectory aligns with management's focus on increasing revenue growth.

  3. 3.Strategic acquisition of Globalstarcapital allocationmixed44% progress
    4/14: Amazon announced they have entered into a definitive merger agreement for the Company to acquire Globalstar.
    Why this status

    Newly stated in 2026-Q2. Amazon announced the acquisition of Globalstar, marking a strategic move to enhance its capabilities. This is a new initiative, and its impact on financials will be observed in future quarters.

  4. 4.Significant capital investmentcapital allocationmixed44% progressprovisional
    2/5: CEO: 'We expect to invest about $200 billion in capital expenditures across Amazon in 2026.'
    Why this status

    Newly stated in 2026-Q1. Amazon plans to invest about $200 billion in capital expenditures across 2026, indicating a significant commitment to growth and infrastructure. The financial impact of this investment will be monitored in subsequent quarters.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −22%, typical day ±1.3%
Why this risk level

Recent vol — 30d annualized 25%; 252d 30%.

Drawdown — Max 1y −22%. Bad day move −3%.

Beta to sector ETF (XLY) 0.08 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 49/100, drawdown 57/100, beta 8/100, earnings vol .

Calm + bullish setup — clean pre-earnings positioning pattern.

Sector regime
headwind-4.8%sector vs S&P 500, 60d

via XLY

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite46.4 / 100
Capital allocation34
Earnings discipline66
Margin discipline53
Balance sheet45
Guidance credibility
Post-call reaction39
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Expand AWS and AI capabilities

    ProductNew since 2026-05-04

    Amazon aims to enhance AWS and AI capabilities, focusing on innovation and customer solutions.

    WatchOn track

    Stated in 4 of last 4 quarters. AWS segment sales increased 24% year-over-year to $35.6 billion in 2025-Q4, showing strong growth and innovation in AI and cloud services. The trajectory is delivering on management's emphasis on expanding AWS and AI capabilities.

    AWS segment sales increased 24% year-over-year to $35.6 billion in 2025-Q4
    100%
    CEO/CFO:CEO: 'AWS growing 24%...our chips business growing triple digit percentages year-over-year.'
    Earnings callSource dated 2026-02-05Stated 4 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (4)
    • 2025-Q4Earnings call

      AWS growing 24%...our chips business growing triple digit percentages year-over-year.

    • 2025-Q3Earnings call

      AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY.

    • 2025-Q2Earnings call

      AWS segment sales increased 17.5% year-over-year to $30.9 billion.

    • 2025-Q1Earnings call

      AWS segment sales increased 17% year-over-year to $29.3 billion.

  • #2

    Increase revenue growth

    GrowthNew since 2026-05-04

    Amazon is focused on increasing revenue growth across its segments, including North America and International.

    On track

    Stated in 4 of last 4 quarters. Net sales increased 14% to $213.4 billion in 2025-Q4, showing consistent revenue growth across Amazon's segments. The trajectory aligns with management's focus on increasing revenue growth.

    Net sales increased 14% to $213.4 billion in 2025-Q4
    100%
    CEO/CFO:Net sales increased 14% to $213.4 billion in the fourth quarter, compared with $187.8 billion in fourth quarter 2024.
    Earnings callSource dated 2026-02-05Stated 4 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (4)
    • 2025-Q4Earnings call

      Net sales increased 14% to $213.4 billion in the fourth quarter.

    • 2025-Q3Earnings call

      Net sales increased 13% to $180.2 billion in the third quarter.

    • 2025-Q2Earnings call

      Net sales increased 13% to $167.7 billion in the second quarter.

    • 2025-Q1Earnings call

      Net sales increased 9% to $155.7 billion in the first quarter.

  • #3

    Strategic acquisition of Globalstar

    Capital allocationNew since 2026-05-04

    Amazon announced the acquisition of Globalstar to enhance its strategic capabilities.

    Mixed

    Newly stated in 2026-Q2. Amazon announced the acquisition of Globalstar, marking a strategic move to enhance its capabilities. This is a new initiative, and its impact on financials will be observed in future quarters.

    44%
    CEO/CFO:Amazon announced they have entered into a definitive merger agreement for the Company to acquire Globalstar.
    Press releaseSource dated 2026-04-14Stated 1 of last 8 quartersFirst seen 2026-05-04
    Show history (1)
    • 2026-Q2Press release

      Amazon announced they have entered into a definitive merger agreement for the Company to acquire Globalstar.

  • #4

    Significant capital investment

    Capital allocationNew since 2026-05-04

    Amazon plans to invest about $200 billion in capital expenditures across 2026.

    Mixed

    Newly stated in 2026-Q1. Amazon plans to invest about $200 billion in capital expenditures across 2026, indicating a significant commitment to growth and infrastructure. The financial impact of this investment will be monitored in subsequent quarters.

    44%
    CEO/CFO:CEO: 'We expect to invest about $200 billion in capital expenditures across Amazon in 2026.'
    Earnings callSource dated 2026-02-05Stated 1 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (1)
    • 2026-Q1Earnings call

      We expect to invest about $200 billion in capital expenditures across Amazon in 2026.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
16higher = cheaper

Looks more expensive than peers.

Compared to its own history
97higher = cheaper

Cheaper than its own typical valuation.

P/E
32.4x
EV/EBITDA
23.4x
FCF yield
-0.1%

P/E over the last 5 years

71 monthly points
fullas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
AMZN
Amazon
+16fullmoderate
TSLA
Tesla, Inc.
+0.4expensiveelevated
HD
Home Depot (The)
+14fullmoderate
CVNA
Carvana
+14high
MCD
McDonald's
+19fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.3%
A bad day (95th %ile)
A rough but not unusual down day.
-2.6%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-21.7%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If consumer_discretionary sector trend rises from +0.10 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-04-29)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-04-29)-8.0 pts
  • If consumer_discretionary sector trend falls from +0.10 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2910d agoItem 2.02

    RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On April 29, 2026, Amazon.com, Inc. announced its first quarter 2026 financial results. A copy of the press release containing the announcement is included as Exhibit 99.1 and additional information regarding the inclusion of non-GAAP financial measures in certain of Amazon.com, Inc.’s public disclosures, including its first quarter 2026 financial results announcement, is included as Exhibit 99.2. Both of these exhibits are incorporated herein by…

    earnings preannouncementpositivescore 58
  2. 2026-04-1424d agoItem 7.01

    REGULATION FD DISCLOSURE. On April 14, 2026, Amazon.com, Inc. (the “Company”) and Globalstar, Inc., a Delaware corporation (“Globalstar”), issued a joint press release announcing they have entered into a definitive merger agreement for the Company to acquire Globalstar on the terms and subject to the conditions set forth in the merger agreement. The transaction is subject to the satisfaction of certain closing conditions, including receipt of required regulatory approvals. A copy of the press…

    mna activitypositivescore 29
  3. 2026-02-272mo agoItem 1.01

    ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On February 27, 2026, Amazon.com NV Investment Holdings LLC (“Amazon Sub”), a wholly-owned subsidiary of Amazon.com, Inc. (the “Company”), entered into an equity commitment letter agreement (the “Letter Agreement”) with OpenAI Group PBC (“OpenAI”), pursuant to which Amazon Sub agreed to purchase shares of OpenAI’s Series C Preferred Stock (the “Commitment Shares”) with an aggregate purchase price of $35.0 billion (the “Commitment Amount”). In connec…

    mna activitypositivescore 13
  4. 2026-02-272mo agoItem 8.01

    OTHER EVENTS. In connection with the matters discussed in Item 1.01, affiliates of each of the Company and OpenAI entered into (i) a commercial arrangement primarily for the provision of Amazon Web Services (“AWS”) cloud services to OpenAI, and (ii) a joint collaboration agreement pursuant to which certain services using OpenAI models will be made available to the Company and on AWS.

    mna activitypositivescore 10
  5. 2026-02-053mo agoItem 2.02

    RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On February 5, 2026, Amazon.com, Inc. announced its fourth quarter 2025 and year ended December 31, 2025 financial results. A copy of the press release containing the announcement is included as Exhibit 99.1 and additional information regarding the inclusion of non-GAAP financial measures in certain of Amazon.com, Inc.’s public disclosures, including its fourth quarter 2025 and year ended December 31, 2025 financial results announcement, is inclu…

    earnings preannouncementneutralscore 8
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-06 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.