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

2026-06-17🇺🇸 S&PconsumerTop disagreement #2
246.00 USD
52-Week Range
$196.00
$278.56

As of 2026-06-17, 5 AI models estimate AMZN median target $222.81 (-9.4% vs spot $246.00, model agreement 0.72). Analyst consensus $312.51 (63 analysts). Experimental comparison — not investment advice.

AI Consensus

Model estimate
$222.81
Incl. 30% analyst anchoring
Gap
-9.4%
Agreement
0.725/5 models
Raw 0.59
Dispersion
σ 0.13
Analyst consensus
$312.51(63 analysts)
AI Summary
4 of 5 AI models are negative on AMZN. Key concern: Intense competition across all operating segments, including e-commerce, clou... AI consensus estimate 222.81 9.4% below the current price. Model agreement is high (0.72). Analyst consensus: 312.51 (AI -28.7%).
gptclaudegeminideepseekgrokAMZNAmazon.com …246.0spot312.5analysts166198231263296328
Bear Case (min)
$125.00
-49.2%
Base Case (median)
$222.81
-9.4%
Bull Case (max)
$221.42
-10.0%

Estimate History AI model estimates and spot price over time

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What Changed Today

Consensus Est.:222.81222.81(+0.0%)
CAGR
+0.5pp(1 ↑)
MARG
+2.0pp(2 ↑)
WACC
+1.0pp(1 ↑)
stable-waccstable-growthstable-margin

Model Breakdown

GEMINI
Est.
248.75
Gap
+1.1%
Conf
0.80
DCF 221.42Cal. 248.75
Key Drivers
  • Continued strong growth in Amazon Web Services (AWS), particularly driven by …
  • Expansion and monetization of advertising services, leveraging Amazon's vast …
  • Sustained growth in the core e-commerce business through innovation, logistic…
Top Risk
  • Intense competition across all operating segments, including e-commerce, cloud computin…
  • Potential for increased regulatory scrutiny and antitrust actions globally, impacting b…
  • Sensitivity of e-commerce and advertising segments to macroeconomic downturns and shift…
Delta
EBIT margin target adjusted upwards, reflecting expected margin expansion from higher-margin segments like AWS and ad…
MARG
+2.0pp
margin expansion expected
GPT
Est.
239.21
Gap
-2.8%
Conf
0.70
DCF 207.80Cal. 239.21
Key Drivers
  • Continued growth in AWS and advertising revenue
  • Investments in new technologies and product offerings
  • Strong brand presence and customer loyalty
Top Risk
  • Regulatory scrutiny impacting business operations
  • Competitive pressures in e-commerce and cloud services
  • Economic downturns affecting consumer spending
Delta
No significant changes observed since yesterday, indicating a stable outlook.
No previous data
CLAUDE
Est.
222.81
Gap
-9.4%
Conf
0.73
DCF 184.36Cal. 222.81
Key Drivers
  • AWS cloud and AI infrastructure demand remains the primary growth engine; hea…
  • Historical revenue CAGR of 11.7% (2022-2025) provides a strong anchor; analys…
  • Advertising segment (high-margin, ~$60B+ annualized run-rate) and third-party…
Top Risk
  • Extremely high capex intensity (17.7% of revenue, ~$132B) for AI/cloud infrastructure c…
  • FTC scrutiny over ad pricing and disclosures (per Yahoo Finance, June 2026) could resul…
  • Regulatory and antitrust scrutiny across multiple jurisdictions (EU, US FTC) could cons…
Delta
Assumptions are unchanged versus yesterday's model. The FTC ad practices scrutiny headline (June 16-17, 2026) introdu…
No change
stable-waccstable-growthstable-margin
DEEPSEEK ADJTV
Est.
181.26
Gap
-26.3%
Conf
0.65
DCF 125.00Cal. 181.26
Key Drivers
  • AWS growth driven by AI and Graviton5 chip margins
  • E-commerce logistics scale becoming a broader service offering
  • Advertising revenue expansion as a high-margin segment
Top Risk
  • Intense competition in cloud and e-commerce
  • Regulatory and antitrust pressures
  • High capex requirements (17.7% of revenue) constrain free cash flow
Delta
No material change in assumptions from yesterday's model. All four key inputs remain the same.
No change
no change
GROK ADJ
Est.
181.26
Gap
-26.3%
Conf
0.65
DCF 125.00Cal. 181.26
Key Drivers
  • AWS segment continues to deliver high incremental margins with AI-driven demand
  • Advertising and Prime subscription mix shift supports structural margin expan…
  • North America retail operating leverage partially offsets International segme…
Top Risk
  • High beta (1.44) implies elevated sensitivity to macro and interest rate changes
  • Heavy ongoing capex (17.7% of revenue) delays free-cash-flow realization
  • Regulatory scrutiny on advertising practices could result in material penalties
Delta
Slight increase in WACC to reflect beta-driven risk premium and modest upward revision to target margin given AWS mom…
CAGR
+0.5pp
MARG
+1.0pp
WACC
+1.0pp
wacc upmargin up

Valuation Assumptions

CLAUDEDEEPSEEKGEMINIGPTGROK
Revenue CAGR 5Y13.0%10.0%14.5%11.0%10.5%
+0.5pp
EBIT Margin Target16.0%14.0%18.0%
+2.0pp
21.0%14.0%
+1.0pp
WACC9.7%9.5%11.0%9.5%11.5%
+1.0pp
Terminal Growth3.0%2.0%2.0%2.0%2.0%

What Would Need to Be True?

AssumptionAI ConsensusMarket Price Implies
Revenue CAGR (5y)11.0%14.0%+3.0pp
EBIT Margin Target16.0%20.4%+4.4pp
WACC9.7%8.6%-1.1pp
Based on spot price $246.00 and raw DCF model (before caps and calibration).

Fundamentals

EBIT Margin10.8%
EBITDA Margin21.0%
ROE22.1%
Net Debt / EBITDA0.6x
P/E Trailing29.1x
EV / EBITDA17.6x
P/B6.0x
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

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