Stock AnalizAmazon.com (AMZN) earnings for the quarter ended September 2026: EPS misses estimates
Amazon.com reported results for the quarter ended September 2026 on October 29, 2026. Adjusted earnings per share came in at $1.89 against the analysts’ average forecast of $1.96, a miss of 3.5%.
Revenue for the quarter was $201.94 billion, up 12.1% from $180.17 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 5.6% on the first trading day after the report.
The last four quarters
Amazon.com has beaten the analysts’ EPS forecast in 2 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $1.89 | $1.96 | −3.5% | +12% | −5.6% |
| Jun 2026 | $5.75 | $1.82 | +215.1% | +20% | +19.8% |
| Mar 2026 | $2.78 | $1.65 | +68.2% | +17% | +2.1% |
| Dec 2025 | $1.95 | $1.96 | −0.5% | +14% | −9.7% |
What comes next
Analysts expect EPS of $2.40 for the next quarter on average and $12.80 for the fiscal year ending December 31, 2026.
The average analyst price target is $326.99, 23% above the current price of $266.66.
Valuation and score
Amazon.com scores 2.2 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 21.6, and its intrinsic value under moderate assumptions is about 50% below the current market value. Full Amazon.com analysis with 10 years of financials
Frequently asked questions
What was Amazon.com’s EPS for the quarter ended September 2026?
$1.89 adjusted per share, against an analyst consensus of $1.96.
How much revenue did Amazon.com report?
$201.94 billion, up 12.1% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.