đ¨ $AMZN Earnings: Can Amazon Deliver Another Beat?
Amazon reports its Q3 2026 earnings on October 29, and Iâm leaning BULLISH but watching cash flow closely. đ
đ Wall Street expectations
⢠EPS: $1.96
⢠Revenue: $202.16B
âď¸ Why Iâm watching $AMZN
AWS is the biggest catalyst. Cloud computing and AI infrastructure demand could support another strong quarter, while Amazonâs e-commerce business heads toward the holiday shopping season.
But thereâs a catch. đ
Amazon is investing heavily in AI infrastructure and data centers. Strong revenue growth alone may not be enough if capital expenditure keeps pressuring free cash flow.
đŻ My prediction
* Earnings: Leaning toward a beat.
* Price reaction: Cautiously bullish if AWS growth and forward guidance impress.
* Key risk: Heavy AI spending without enough evidence of returns.
My focus isnât just whether Amazon beats the numbers. Itâs whether management can show that its massive AI investments are turning into sustainable growth and cash flow.