From The Motley Fool · Leo Sun · · 1m
Amazon Earnings Watch: 1 Number to Track
Amazon's stock drops 11% ahead of earnings. One number could decide its next move.
In brief
Amazon's stock drops 11% ahead of earnings. One number could decide its next move. Amazon's stock is 11% below its high as it prepares for earnings on Oct 29, with AWS growth rates being the critical factor. Originally reported by The Motley Fool.
Quick answers
- What happens next?
- If AWS growth exceeds 30%-35% in Q3, Amazon's stock could rise; if not, it could fall.
- What is the key takeaway from Amazon Earnings Watch: 1 Number to Track?
- Amazon's stock is 11% below its high as it prepares for earnings on Oct 29, with AWS growth rates being the critical factor.
Amazon stock at $254.60
Amazon's stock closed at its all-time high of $284.02 on Aug 3, 2026, but trades at $254.60 today.
AWS drives Amazon's growth
Amazon Web Services generates most of its operating profits and hosts tens of millions of websites and apps.
AWS revenue growth
AWS revenue grew 36.7% year-over-year in Q2 2026, accelerating from 24% in Q1 2026.
AI expansion drives AWS growth
The AI market's explosive expansion drove AWS' growth, with analysts expecting 30%-35% year-over-year revenue growth in Q3.
What happens next?
If AWS growth exceeds 30%-35% in Q3, Amazon's stock could rise; if not, it could fall.
Here's the gist
Amazon's stock is 11% below its high as it prepares for earnings on Oct 29, with AWS growth rates being the critical factor.
