Amazon's Q1 Earnings Expectations Analysis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2026
0mins
Should l Buy AMZN?
Source: CNBC
- Earnings Forecast: Amazon is expected to report Q1 earnings per share of $1.64 and revenue of $177.3 billion, reflecting a robust 14% year-over-year growth that underscores the company's strong market performance and growth potential.
- Cloud Business Growth: AWS revenue is projected to reach $36.92 billion, representing a 26% increase year-over-year, indicating Amazon's strengthening position in the cloud computing sector, particularly amid surging demand for AI services.
- Rising Capital Expenditures: Amazon anticipates capital expenditures will hit $200 billion by 2026, exceeding analyst expectations by $50 billion, highlighting significant investment decisions in AI and satellite internet services.
- Layoffs and Investment Balance: While Amazon announced layoffs of 16,000 employees, its investments in OpenAI and Anthropic demonstrate a long-term strategic focus on AI, aiming to enhance market competitiveness through technological innovation.
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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: 271.170
Low
175.00
Averages
280.01
High
325.00
Current: 271.170
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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See More
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See More
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