AMZNConsumer Cyclical · Internet RetailThe 59 Wall Street analysts covering Amazon.com, Inc. hold a median 12-month price target of $330 — +31.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 35 of 100 as at 3 Nov 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores Amazon.com, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Growth (80): Sales and profits are climbing, and climbing faster than before.
Accruals (23): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.
Size (0): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
As of 31 October 2026, our factor model ranks Amazon 35.99 of 100 across the US stocks it tracks. Within Internet Retail it sits 13th of 26, and Growth (81.68), Quality (77.76) and Estimate Revisions (63.50) are its strongest factor families. Scale and spending drag the score: market-cap factor 0.09, free cash flow per dollar of enterprise value 9.68, capital allocation 15.17, net debt issuance 13.01.
Analysts read the same company differently. As of 1 November 2026, sixteen of 60 analysts say Strong Buy, 42 say Buy, and 2 hold. Their average target is $326.92 and the median is $328, against the 30 October 2026 close of $240.47, with the lowest target at $230.
Consensus earnings per share for the current year rose 46.9% in the 90 days to 29 October 2026, to $12.91, and four analysts raised last month with none cutting. Free cash flow was negative $18.2 billion in the March 2026 quarter; the value, accruals and issuance factors turn if that capital spending converts to cash. Seeking Alpha reports AWS capacity sold out through 2027, so the next quarterly report will show whether the spending is paying for itself.
As of 2 Nov 2026The bullish and bearish analyst opinions on AMZN, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +31.6% from it.
Of the 20 most recent actions, 4 moved their price target up and 9 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 31 Oct 2026 | UBS | Maintains | Buy | — |
| 30 Oct 2026 | Cantor Fitzgerald | Maintains | Overweight | $310 → $280 |
| 30 Oct 2026 | Citizens | Maintains | Market Outperform | $315 → $275 |
| 30 Oct 2026 | DA Davidson | Maintains | Neutral | $250 |
| 30 Oct 2026 | Guggenheim | Reiterates | Buy | $320 |
| 30 Oct 2026 | Keybanc | Maintains | Overweight | $350 → $345 |
| 30 Oct 2026 | Mizuho | Maintains | Outperform | $330 → $335 |
| 30 Oct 2026 | Morgan Stanley | Maintains | Overweight | $350 → $335 |
| 30 Oct 2026 | RBC Capital | Reiterates | Outperform | $330 |
| 30 Oct 2026 | Rosenblatt | Maintains | Buy | $360 |
| 30 Oct 2026 | Scotiabank | Maintains | Sector Outperform | $325 → $300 |
| 30 Oct 2026 | StoneX | Maintains | Buy | $400 → $380 |
| 30 Oct 2026 | TD Cowen | Maintains | Buy | $350 → $340 |
| 30 Oct 2026 | Telsey Advisory Group | Maintains | Outperform | $335 |
| 30 Oct 2026 | UBS | Maintains | Buy | $348 → $352 |
| 30 Oct 2026 | Wedbush | Maintains | Outperform | $310 → $298 |
| 30 Oct 2026 | Wells Fargo | Maintains | Overweight | $329 → $326 |
| 26 Oct 2026 | UBS | Maintains | Buy | $318 → $348 |
| 19 Oct 2026 | Morgan Stanley | Maintains | Overweight | — |
| 19 Oct 2026 | Morgan Stanley | Maintains | Overweight | $335 → $350 |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The model tests each one against its peers. 1 pass every test this week.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 3 Nov 2026, Amazon.com, Inc. returned −1.3% against +11.6% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 37% of US stocks
Cheaper than 35% of US stocks
Cheaper than 21% of US stocks
Cheaper than 22% of US stocks
Higher than 58% of US stocks
Higher than 34% of US stocks
Higher than 64% of US stocks
Higher than 71% of US stocks
Higher than 79% of US stocks
Higher than 86% of US stocks
Higher than 83% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Amazon.com, Inc. has a market value of $2.7T and an enterprise value of $2.8T.
Revenue in the twelve months to 31 Mar 2026: $742.8B. The latest quarter grew 12.1% year on year.
Net income over the same four quarters: $90.8B, a 12.2% net margin.
Diluted earnings per share, trailing twelve months: $8.36.
Free cash flow in the twelve months to 31 Mar 2026: −$2.5B, after $147.3B of capital spending.
Trailing P/E: 20.3×; forward P/E: 23.0× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Amazon.com, Inc. employs 1,638,000 people — $453K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
| Company | Market cap | TKN rank |
|---|---|---|
| AMZNAmazon.com, Inc. | $2.7T | 35 |
| MELIMercadoLibre, Inc. | $84.3B | 31 |
| DASHDoorDash, Inc. | $79.6B | 55 |
| TSLATesla, Inc.* | $1.6T | 29 |
| EBAYeBay, Inc. | $53.1B | 91 |
| CPNGCoupang, Inc. | $27.8B | 11 |
| HDThe Home Depot, Inc.* | $332.2B | 39 |
* Nearest Consumer Cyclical names by size — few internet retail companies of this scale trade in the US universe.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Amazon.com, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Amazon Web Services offers an expanding portfolio of enterprise AI services and has recorded six consecutive quarters of accelerating revenue growth. CEO Andy Jassy says further momentum is ahead.
Why it matters — AWS growth and its AI services are relevant to AMZN watchers tracking the company's cloud business.
The Motley Fool contrasts Amazon’s sustained double-digit sales growth, supported by e-commerce, AWS, advertising, and subscriptions, with Target’s weaker discretionary spending, competition, and uneven sales growth.
Why it matters — Amazon’s diversified revenue streams are presented as supporting growth amid consumer spending pressure affecting Target.
Amazon reported record operating profit, though shares dipped amid negative free cash flow and a shift from net cash to net debt. The excerpt projects AWS could out-earn Amazon’s current total operating income by 2028, while highlighting increased capital spending, rising debt, and negative free cash flow through at least that year.
Why it matters — The AWS growth outlook is weighed against financing and cash-flow pressures that could constrain buybacks and affect valuation.
The article considers concerns about Amazon’s spending on its AI infrastructure build-out alongside the long-term revenue opportunity and the company’s growing strength in AI chips.
Why it matters — AMZN watchers may view the balance between AI-related spending and potential revenue opportunities as relevant to Amazon’s longer-term outlook.
Pershing Square Holdings’ Q3 2026 discussion says AI infrastructure buildout has been a principal driver of stock market performance this year. It characterizes hyperscalers’ capital spending as offensive rather than defensive and points to a disconnect in consensus analyst estimates.
Why it matters — Amazon is a hyperscaler, so the discussion of AI infrastructure spending and analyst estimates is relevant context for AMZN watchers.
The 59 Wall Street analysts covering Amazon.com, Inc. have a median 12-month price target of $330, with estimates ranging from $230 to $405. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 59 analysts covering Amazon.com, Inc., 57 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Amazon.com, Inc. 35 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 3 Nov 2026, Amazon.com, Inc. ranks 35 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (80 of 100).
No one can know that. What the data says: the median 12-month target from 59 analysts implies +31.6% from the last close, and Ticker Nerd's factor model ranks Amazon.com, Inc. 35 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Amazon.com, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for AMZN are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $230 to $405 over the next 12 months.
Amazon.com, Inc. returned -1.3% over the 12 months to 3 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
Amazon sells goods online and in physical stores, runs a marketplace for third-party sellers, sells advertising, and operates Amazon Web Services, a cloud platform for computing, storage and AI services. Its business reports in North America, International and AWS segments.
The most recent item we track (The Motley Fool, 4 Nov 2026): "Andy Jassy Just Delivered Magnificent News for Amazon Investors". Amazon Web Services offers an expanding portfolio of enterprise AI services and has recorded six consecutive quarters of accelerating revenue growth. CEO Andy Jassy says further momentum is ahead.
In the March 2026 quarter Amazon reported net income of $30.3 billion and free cash flow of negative $18.2 billion. Capital spending of $43.2 billion outran operating cash flow of $26.0 billion. The model's accruals factor, which checks whether profit shows up as cash, ranks 23.39.
Consensus earnings per share for the current year rose from $8.79 to $12.91 in the 90 days to 29 October 2026, a 46.9% change. Four analysts raised their estimates in the past month and none cut. The model's Estimate Revisions factor, at 63.50, is one of Amazon's stronger readings.
Amazon sells goods online and in physical stores, runs a marketplace for third-party sellers, sells advertising, and operates Amazon Web Services, a cloud platform for computing, storage and AI services. Its business reports in North America, International and AWS segments. It employs 1,638,000 people and, as of 1 November 2026, was valued at about $2.6 trillion, with revenue of about $797 billion over the past twelve months.
CEO Mr. Andrew R. Jassy · 1,638,000 employees · United States · https://www.amazon.com
