# Amazon Stock Bargain or Wait?

> Amazon stock trades at a bargain price but may dip further before rebounding.
- Title: Amazon Stock Bargain or Wait? · The Motley Fool | Shortify
- Summary: Amazon stock trades at a bargain price but may dip further before rebounding. Amazon stock is undervalued now with a P/E of 20 but could rise after a dip.
- Keywords: amazon, stock, p/e multiple, dip, s&p 500, finance, money, Bargain, Wait, The Motley Fool
- Source: The Motley Fool — https://fool.com/investing/2026/10/26/should-you-buy-amazon-stock-now-or-wait-for-a-dip
- Author: David Jagielski, CPA
- Published: 2026-10-26T19:38:02+00:00
- Read time: 1 min
- Topics: amazon, stock, p/e multiple, dip, s&p 500, ai, finance, money
## Amazon stock performance
Amazon stock has risen 11% in the past year but trails the S&P 500's 13% gain.
## Current stock valuation
Amazon trades at a P/E multiple of 20 versus 23 on forward earnings.
## Recent financial results
Amazon reported 20% sales growth and 43% operating income increase in Q2.
## AI growth potential
Amazon's AI investments could drive future stock performance.
## Key takeaway

Amazon stock is undervalued now with a P/E of 20 but could rise after a dip.