Amazon (AMZN) Stock Has 42 Buy Ratings — Here’s What Analysts Expect Wednesday

TLDR

• Amazon reports Q1 FY26 earnings on Wednesday, April 29, after market close.
• Wall Street expects EPS of $1.63 and revenue of $177.27 billion, up ~14% year-over-year.
• Cathie Wood’s ARK Invest added 280,450 AMZN worth ~$71.5 million on Friday.
• 42 analysts rate AMZN a Buy, with an average price target of $287.33.
• Amazon rarely misses Wall Street revenue estimates, having beaten them last quarter with $213.4 billion.

Amazon is set to report Q1 FY26 earnings on Wednesday, April 29, after the market closes.

Amazon.com, Inc., AMZN

Wall Street is expecting EPS of $1.63, which would be 2.5% growth compared to the same quarter last year. Revenue is forecast to come in at $177.27 billion, up roughly 14% year-over-year.

That revenue growth target of 13.9% is an improvement on the 8.6% growth Amazon posted in Q1 of last year.

Last quarter, Amazon reported revenues of $213.4 billion, up 13.6% year-on-year. It narrowly beat revenue estimates, while EPS came in line with expectations.

Amazon has a strong track record when it comes to revenue. The company rarely misses Wall Street’s estimates, which has helped keep analyst confidence high heading into Wednesday.

Most analysts covering AMZN have kept their estimates unchanged over the past 30 days. That suggests they expect the company to perform broadly in line with recent trends.

Cathie Wood made a notable move on Friday, with ARK Invest adding 280,450 AMZN worth roughly $71.5 million. That kind of buying activity ahead of earnings tends to draw attention.

Market sentiment heading into the print is strongly positive. Out of 45 analysts tracked by TipRanks, 42 rate the stock a Buy and just three say Hold. There are zero Sell ratings.

The average price target sits at $287.33, implying upside of around 8.84% from current levels.

AMZN stock is up more than 14% so far in 2026. Much of that move has been credited to continued growth and AI integration within AWS.

Who Owns AMZN?

According to TipRanks’ ownership data, public companies and individual investors hold the largest slice at 54.25%. ETFs account for 18.81%, mutual funds 18.13%, insiders 8.25%, and other institutional investors 0.56%.

Founder and executive chair Jeff Bezos is the single largest individual shareholder, holding an 8.22% stake. Vanguard follows as the largest institutional holder at 6.65%.

On the ETF side, the Vanguard Total Stock Market ETF holds a 2.86% stake, while the Vanguard S&P 500 ETF holds 2.32%.

Mutual Fund Exposure

Vanguard Index Funds holds approximately 5.86% of Amazon, making it the top mutual fund holder. Fidelity Concord Street Trust owns 1.58%.

The broad ownership across index funds, ETFs, and institutional players means any earnings surprise — up or down — tends to have a wide market impact.

Q1 earnings drop Wednesday after the close.

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