Amazon.com (AMZN) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.89
- Estimate
- $1.96
- Surprise
- -3.5%
- Score at report (before → after)
- 6.6 → 6.6/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Amazon.com (AMZN) missed the $1.96 estimate with adjusted EPS of $1.89 — a clear 3.5% shortfall. TrendMatrix's engine moved from Hold (6.6/10) to Sell at 6.6/10 after the report.
Coverage in the report window
- Stock Market Today: Dow Jones, S&P 500, Nasdaq 100 Futures Trade Mixed as AMZN, INTC Slide After Q3 Earnings—DELL, LLY, — benzinga, 2026-10-30
Where TrendMatrix's rating stands now
TrendMatrix currently rates AMZN Sell at 6.6/10.
2 of the last 4 quarters beat the estimate; this quarter's -3.5% surprise compares with a +70.0% four-quarter average.
What supports the rating
- Strong growth profile
- Wide economic moat
What argues against it
- Sector modifier (Consumer Cyclical): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $243.79
- Price target
- $305.82
- Stop
- $234.00
- Upside to target
- +25.4%
- Reward-to-risk
- 4.4:1
Forward estimates sit below the trailing run-rate (23.3× forward vs 19.6× trailing) — consensus expects earnings to decline from here.
Risk check: trading volume is running 2.2× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
AMZN at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Internet Retail
- Market cap
- $2629.60B
- P/E (fwd)
- 23.3
- P/E (ttm)
- 19.6
- 52-week range
- $196.00–$287.20
- Off 52-week high
- 15.1%
- RSI (14)
- 34
- Volume vs avg
- 2.24×
- Score today
- 6.6/10