Amazon Earnings Review: Capex Poised to Rise as Cloud Growth Accelerates

Morningstar · Eric Compton, CFA · 2026-11-05 11:00 UTC

Shares have rebounded from their post-earnings selloff, bringing their price closer to our fair value estimate.

Shares have rebounded from their post-earnings selloff, bringing their price closer to our fair value estimate.

Amazon released its third-quarter earnings report on Oct. 29. Here’s Morningstar’s take on Amazon’s earnings and stock.

Key Morningstar Metrics for Amazon

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