Amazon.com (AMZN) Projected to Post Quarterly Earnings on Wednesday

Market Beat
2026.04.22 07:16
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Amazon.com (NASDAQ:AMZN) is set to announce its Q1 2026 earnings on April 29, with analysts predicting earnings of $1.62 per share and revenue of $176.98 billion. The company recently expanded its partnership with Anthropic, committing up to $25 billion, which is expected to boost long-term demand for AWS. Despite positive sentiment, concerns about profitability and regulatory scrutiny persist, particularly regarding allegations of price-fixing. The stock has seen a 30% increase, with analysts raising price targets ahead of the earnings report.