AmazonAMZN

Business Snapshot

• Amazon.com Inc. (NASDAQ: AMZN) is a US-listed common stock quoted in USD. The supplied data do not include a sector or industry classification or a business-segment breakdown.
• The next earnings report is confirmed for 2026-10-29 after the market closes, for the fiscal quarter ending September 2026. Consensus EPS is $2.01 from 14 analysts, versus $1.95 for the same quarter last year.
• For the next-session trading window, fundamentals are generally a backdrop, but the imminent earnings release raises event risk and may affect positioning before the report. The release itself is scheduled after the next regular session.

Financial Trends

• Revenue: The latest reported quarter, 2026-06-30, was $200.606B, up $19.087B (+10.5%) from 2026-03-31’s $181.519B. Against 2025-09-30’s $180.169B, it is up $20.437B (+11.3%). The reported 2025-12-31 value of $716.924B is not directly comparable with the quarterly values and appears annual in scale, so it should not be used as a quarter-to-quarter comparison.
• Operating income and margins: Operating income rose from $17.422B in 2025-09-30 to $23.852B in 2026-03-31 and $27.461B in 2026-06-30. Operating margin increased in each comparable period shown: 9.67% → 13.14% → 13.69%. The 2025-12-31 margin was 11.16%, but the associated revenue figure’s scale differs from the quarterly figures, limiting clean sequential interpretation.
• Net income and margins: Net income was $21.187B in 2025-09-30, $30.255B in 2026-03-31, and $62.647B in 2026-06-30; the latest quarter rose $32.392B (+107.1%) versus the prior quarter. Net margin moved from 11.76% to 16.67% to 31.23% over those periods. The size of the latest increase is notable, but the supplied data do not explain its drivers; the 2025-12-31 net income and margin also do not align cleanly with the annual-scale revenue entry.
• Free cash flow: No quarterly FCF values are provided, so its direction cannot be assessed. Operating cash flow was $45.387B in 2026-06-30 versus $26.032B in 2026-03-31, up $19.355B (+74.3%); it was $35.525B in 2025-09-30.
• Balance sheet: Total assets increased from $727.921B at 2025-09-30 to $1,095.689B at 2026-06-30, while equity rose from $369.631B to $551.620B. Long-term debt increased from $50.742B to $128.894B, including a $9.820B increase from 2026-03-31. Cash fell $23.603B (-23.2%) from $101.816B at 2026-03-31 to $78.213B at 2026-06-30. Current ratio declined from 1.18 to 1.03 over the same interval.

Financial Health

• The latest reported quarter shows higher revenue, operating income, operating margin, and operating cash flow than the prior quarter. Those are constructive trends, while the unusually large reported net-income jump warrants caution because the supplied data do not identify its cause.
• Liquidity remains just above parity: the latest current ratio is 1.03, and working capital is $7.990B, down $30.409B from $38.399B in 2026-03-31. Cash declined and long-term debt rose over that quarter. These figures suggest less near-term balance-sheet cushion than in March, though equity also increased.
• Debt-to-equity is 0.23 in 2026-06-30, down from 0.27 in 2026-03-31, but above 0.14 in 2025-09-30. Overall, the data show improving operating performance alongside rising debt and reduced cash and working capital. Missing FCF data and the unusual scale of some annual-versus-quarterly entries limit a fuller assessment.

Insider Activity

• Sentiment for 2026-07-29 through 2026-10-27 is Neutral (-10). Reported activity shows $0 in buys across 17 transactions and $18.302M in sells across 42 transactions. This is a sell-skewed record, but transaction counts and aggregate value alone do not establish the sellers’ motives.
• The supplied recent Form 4 entry reports Douglas J. Herrington selling 1,000 shares at $251.50 on 2026-10-01, totaling $251,500.

Multi-Timeframe Technical Context

• Only 1D indicator data are supplied; there is no intraday data for a minutes-level assessment. The market is closed. The last regular close was $249.09 on 2026-10-26, up 0.44% that day but down 5.09% over five sessions. Extended-hours trading was $249.40, up 0.12% versus the close.
• Daily indicators lean weak-to-neutral: price is below the EMA 12 ($254.28), EMA 26 ($254.59), EMA 50 ($254.51), SMA 20 ($254.58), and SMA 50 ($255.38), but above the SMA 200 ($243.31). RSI 14 is 44.0 and RSI 21 is 49.62; MACD (-0.313) is below its signal (0.430).
• The close is below the Bollinger middle band ($254.58) but above the lower band ($243.48). ATR is $6.94, indicating meaningful daily price movement. Current volume of 32.70M is below the 20-session average of 35.82M.
• For the next regular session, this supports a cautious, range-aware read rather than a confirmed reversal: price is under short-term averages, while the 200-day average and lower Bollinger band are nearby potential support references. Broad-market context was positive on 2026-10-26: SPY gained 0.71% and QQQ 1.11%, stronger than AMZN’s daily gain.

Bull / Bear Cases

• Short-term bull case (hours to two days): The last close held above the $243.31 200-day average and $243.48 lower Bollinger band; extended-hours price was slightly higher at $249.40. A move back above the clustered $254.28–$255.38 short-term averages would improve the technical picture. The upcoming report may support demand for positioning, though the release is after the next session.
• Short-term bear case (hours to two days): AMZN is down 5.09% over five sessions and below its 12-, 26-, and 50-period EMAs and 20- and 50-day averages; MACD is below its signal and RSI 14 is 44.0. A break below the $243 area would weaken the near-term setup. The imminent earnings release adds event-related uncertainty.
• Long-term bull case (weeks to months): Reported revenue and operating income increased from 2025-09-30 to 2026-06-30, and operating margin improved from 9.67% to 13.69%. The latest close remains above the SMA 200, and equity increased across the supplied balance-sheet periods.
• Long-term bear case (weeks to months): Cash fell and long-term debt rose between 2026-03-31 and 2026-06-30; working capital and the current ratio also declined. The shares’ short-term trend is below several moving averages, while insider activity is sell-skewed. Missing FCF data and the unexplained latest net-income jump make the quality and durability of the financial improvement harder to judge.

Key Levels & Triggers

• Near-term support reference: $243.31–$243.48 (SMA 200 and lower Bollinger band). A sustained move below this zone would weaken the technical setup.
• Near-term resistance reference: $254.28–$255.38 (EMA 12, EMA 26, EMA 50, SMA 20, and SMA 50 cluster). Regaining this area would improve the short-term trend; failure there would leave the shares below clustered trend indicators.
• Volatility context: ATR is $6.94; the Bollinger upper band is $265.68. These are reference points, not price targets.
• Event trigger: Earnings are scheduled for 2026-10-29 after the close. The next regular-session call is therefore exposed to pre-earnings positioning, while the reported results themselves fall outside that session’s close.