Added to YB: 2026-05-01
Pitch date: 2026-04-30
AMZN [neutral]
Amazon.com, Inc.
-7.34%
current return
Author Info
Company Info
Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
Market Cap
N/A
Pitch Price
$265.58
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
3.58
Sector
Broadline Retail
Category
growth
Amazon.com, Inc. (AMZN) - Q1 2026
AMZN (earnings): Q1 rev $181.5B (+17% YoY) beat $177.3B est; AWS $37.6B (+28% YoY) w/ 37.7% margin beat fears of AI mix compression. Q2 rev guide $194-199B crushed $189B est. EPS $2.78 vs $1.63 est but included $16.8B Anthropic gain. Custom chips $20B run rate, $225B Trainium commitments. TTM FCF only $1.2B as capex hit $147.3B. Q2 OI guide $20-24B deliberately burdened w/ Leo satellite costs, seasonal SBC, fuel inflation. Memory scarcity may accelerate AWS migration. Trades 28.8x FY26 OI, 22.9x FY27 OI. Thesis: AI capex building structural margin advantage if Trainium proves out, but needs 2027-28 cash conversion proof.
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