Amazon Q3 Revenue Up 11%, Operating Income Soars 28%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 24 2026
0mins
Should l Buy AMZN?
Source: Yahoo Finance
- Amazon's Strong Performance: Amazon (NASDAQ: AMZN) reported an 11% increase in North American revenue and a 28% surge in adjusted operating income in Q3, demonstrating robust operating leverage from investments in robotics and AI, maintaining stable sales despite tariff pressures.
- Chewy's Steady Growth: Chewy (NYSE: CHWY) has seen revenue growth exceeding 8%, primarily from auto-shipped pet food and essentials, with a forward P/E of just 21 times, highlighting its appeal in a stable business model while enhancing gross margins through paid memberships and sponsored ads.
- Philip Morris International's Strong Growth: Philip Morris International (NYSE: PM) benefits from a smoke-free portfolio driving significant growth, with U.S. shipments of Zyn up 37% and Iqos sales climbing over 15%, trading at a forward P/E of 18, showcasing its competitive edge in a rapidly evolving market.
- Dutch Bros' Expansion Potential: Dutch Bros (NYSE: BROS) plans to increase its store count from 1,100 to over 2,000 by 2029, and locations testing food items have seen a 4% sales lift, indicating strong growth potential in its rapid expansion strategy.
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Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise
44 Analyst Rating
41 Buy
3 Hold
0 Sell
Strong Buy
Current: 199.600
Low
175.00
Averages
280.01
High
325.00
Current: 199.600
Low
175.00
Averages
280.01
High
325.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Capital Expenditure Plans: Amazon plans to increase capital expenditures to $200 billion by 2026, a 56% rise from $128 billion in 2025, raising investor concerns about the company's financial health, particularly regarding its significant investments in AI infrastructure.
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- Capital Expenditure Plans: Amazon plans to invest $200 billion in capital expenditures in 2026, primarily for data center construction, which may impact cash flows; however, if AI computing demand continues to grow, this investment will support future business expansion.
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See More
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