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AMZN

Amazon.com Inc

BUY 2026-08-01 Updated today USD 271.58 Consumer Cyclical - Specialty RetailAWAIT ENTRY
68

Position levels

Currenttoday
USD 271.58
Buy <=wait / entry
USD 238.33
Trim >=take some off
USD 285.00
Thesis breakAWS year-on-year growth decelerates to mid-single digits for two consecutive qua...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case33%100 / 10033.0
Base case54%62 / 10033.5
Bear case13%10 / 1001.3
Weighted conviction68 / 100 - BUY

Top risks

  • OpenAI strategic partnership including $50B Amazon investment and exclusive AWS distribution for Frontier
  • AWS Q2 2026 revenue growth of 36.7% YoY with $496B backlog growing triple-digits
  • Q2 2026 earnings beat: EPS $5.75 vs consensus $1.82 and revenue $200.61B vs $197.03B
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.