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AI model estimates for
Amazon.com Inc. vs spot price

2026-07-31🇺🇸 S&PconsumerTop disagreement #3
235.50 USD
previous close — not live
52-Week Range
$196.00
$278.56

As of 2026-07-31, 5 AI models estimate AMZN median target $181.09 (-23.1% vs spot $235.50, model agreement 0.65). Analyst consensus $313.07 (61 analysts). Experimental comparison — not investment advice.

AI Consensus

Model estimate
$181.09
Pure model estimate — no analyst blending
Gap
-23.1%
Agreement
0.655/5 models
Raw 0.65
Dispersion
σ 17.9%
Analyst consensus
$313.07(61 analysts)
Calibrated blend (research)
$220.68
AI Summary
4 of 5 AI models are negative on AMZN. Key concern: Elevated capex intensity at 17.7% of revenue compresses near-term free cash f... AI consensus estimate 181.09 23.1% below the current price. Model agreement is moderate (0.65). Analyst consensus: 313.07 (AI -42.2%).
gptclaudegeminideepseekgrokAMZNAmazon.com …235.5spot313.1analysts130170211251292333
Bear Case (min)
$149.31
-36.6%
Base Case (median)
$181.09
-23.1%
Bull Case (max)
$240.45
2.1%
Bear/Base/Bull: pure model range (12-month values)

Estimate History AI model estimates and spot price over time

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What Changed Today

Consensus Est.:167.30181.09(+8.2%)
CAGR
+1.0pp(3 ↑)
MARG
+0.5pp(3 ↑)
post-earnings-updateaws-beat-confirmedrevenue-cagr-raised

What Changed (7 days)

Between 2026-07-24 and 2026-07-31, the 5-model AI consensus estimate for AMZN moved from $151.00 to $181.09 (+19.9%); median WACC 11.0% → 11.0% (+0.00 pp); median terminal growth 2.5% → 2.5% (+0.00 pp); model dispersion σ 12.8% → 17.9%. Experimental model estimates — not investment advice.

Metric7d ago (2026-07-24)Now (2026-07-31)Change
AI consensus estimate$151.00$181.09+19.9%
Median WACC11.00%11.00%+0.00 pp
Median terminal growth2.50%2.50%+0.00 pp
Median revenue CAGR (5y)11.0%12.0%+1.00 pp
Median EBIT margin target14.0%14.0%+0.00 pp
Model dispersion σ12.8%17.9%+5.12 pp

Model Breakdown

CLAUDE
Est.
240.45
Gap
+2.1%
Conf
0.81
DCF 240.45Cal. 262.24
Key Drivers
  • Q2 2026 earnings beat confirmed: AWS growth acceleration and record AI capex …
  • Advertising segment grew 26% in Q2 2026, now a high-margin, scaled business —…
  • Historical revenue CAGR of 11.7% (2022-2025) is being accelerated by analyst …
Top Risk
  • Elevated capex intensity at 17.7% of revenue compresses near-term free cash flow; CEO s…
  • AWS faces intensifying competition from Microsoft Azure and Google Cloud, as well as em…
  • Beta of 1.461 is above the CAPM threshold used for WACC; company carries meaningful mar…
Delta
Q2 2026 earnings results have now been published and confirmed a beat on both AWS growth and overall profitability, w…
CAGR
+1.0pp
MARG
+2.0pp
post-earnings-updateaws-beat-confirmedrevenue-cagr-raised
GPT TV
Est.
220.38
Gap
-6.4%
Conf
0.62
DCF 220.38Cal. 248.19
Key Drivers
  • Historical revenue CAGR of 11.7% provides a solid base, but a modest moderati…
  • Recent analyst revenue growth expectations of 16.6% and earnings growth of 74…
  • Trailing EBIT margin of 10.8% leaves room for steady-state expansion from mix…
Top Risk
  • Heavy capital spending could pressure near-term free cash flow and delay margin expansi…
  • Retail and logistics execution can keep margins under pressure if fulfillment costs rise.
  • AWS or advertising growth could slow if enterprise spending or digital ad demand weakens.
Delta
Growth is nudged up slightly versus the prior view to reflect stronger recent AWS and advertising momentum, while mar…
CAGR
+2.5pp
MARG
+0.5pp
fresh viewgrowth upmargin stable
GEMINI TV
Est.
181.09
Gap
-23.1%
Conf
0.80
DCF 181.09Cal. 220.68
Key Drivers
  • AWS growth acceleration driven by secular demand for cloud computing and gene…
  • High-margin advertising services expanding rapidly and outperforming core ret…
  • Operational efficiencies and fulfillment network optimization driving retail …
Top Risk
  • Heavy capital expenditure requirements for AI infrastructure pressuring near-term free …
  • Intense competition in cloud computing from major tech rivals like Microsoft and Google
  • Regulatory and antitrust scrutiny in the US and Europe impacting business operations
Delta
Following a strong Q2 earnings beat driven by AWS and advertising growth, we have revised our 5-year revenue CAGR and…
CAGR
+0.5pp
MARG
+0.5pp
earnings beataws accelerationcapex expansion
DEEPSEEK
Est.
164.17
Gap
-30.3%
Conf
0.70
DCF 164.17Cal. 208.84
Key Drivers
  • AWS continues to drive high-margin cloud and AI revenue growth, with Q2 2026 …
  • Advertising business expanding rapidly, with Q2 2026 advertising revenue up 2…
  • Prime subscription base provides recurring, high-margin income and enhances c…
Top Risk
  • Regulatory scrutiny and antitrust actions across multiple jurisdictions could impact bu…
  • Intense competition in cloud computing from Microsoft Azure and Google Cloud could pres…
  • Elevated capex (17.7% of revenue) may pressure free cash flow and returns if AI investm…
Delta
Maintained revenue CAGR and EBIT margin target, reflecting strong Q2 2026 results and AWS growth. WACC unchanged at 11%.
No change
no change
GROK
Est.
149.31
Gap
-36.6%
Conf
0.60
DCF 149.31Cal. 198.44
Key Drivers
  • AWS and advertising revenue mix shift driving margin expansion
  • Historical revenue CAGR 11.7% (2022-2025) with near-term analyst growth 16.6%
  • Heavy ongoing AI/capex investment expected to support long-term growth
Top Risk
  • Elevated capex intensity (17.7% of revenue) may pressure near-term free cash flow
  • Retail segment margin pressure from competition and promotions
  • Regulatory and antitrust scrutiny in US and EU
Delta
No material change in core assumptions; model rerun with latest facts.
No previous data
rerun

Valuation Assumptions

CLAUDEDEEPSEEKGEMINIGPTGROK
Revenue CAGR 5Y14.0%
+1.0pp
12.0%12.0%
+0.5pp
14.0%
+2.5pp
12.0%
EBIT Margin Target19.0%
+2.0pp
14.0%14.0%
+0.5pp
12.5%
+0.5pp
14.0%
WACC11.6%11.0%10.5%9.5%11.5%
Terminal Growth3.0%2.0%2.5%2.5%2.5%

What Would Need to Be True?

AssumptionAI ConsensusMarket Price Implies
Revenue CAGR (5y)12.0%18.4%+6.4pp
EBIT Margin Target14.0%23.0%+9.0pp
WACC11.0%8.6%-2.4pp
Based on spot price $235.50 and raw DCF model (before caps and calibration).

Fundamentals

EBIT Margin10.8%
EBITDA Margin21.0%
ROE22.1%
Net Debt / EBITDA0.6x
P/E Trailing27.9x
EV / EBITDA16.8x
P/B5.7x
Analyst Range207.00370.00
Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, fire tablets, fire TVs, echo, ring, blink, and eero; and develops and produces media content. In addition, the company offers programs that enable sellers to sell their products in its stores; and programs that allow authors, independent publishers, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, it provides compute, storage, Artificial intelligence, database, analytics, machine learning, and other services, as well as advertising services through programs, such as sponsored ads, display, and video advertising. Additionally, the company offers Amazon Prime, a membership program. The company's products offered through its stores include merchandise and content purchased for resale and products offered by third-party sellers. It serves consumers, sellers, developers, ent
Source: Yahoo Finance

Recent News

Amazon earnings: AWS's growth rate 'no doubt' justifies the big AI spending2026-07-30
Amazon Q2 earnings results beat Wall Street's estimates, as AWS continues to boom2026-07-30
AMZN Stock Rises After Q2, AWS Beat: CEO Says Even Higher CapEx Won’t Be Enough To Meet Soaring Cloud Demand2026-07-31
The Bull Case For Amazon.com (AMZN) Could Change Following Surging AWS Growth And Record AI Capex - Learn Why2026-07-31

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