Amazon Reports Earnings on Wednesday—Here's How Much the Stock Is Expected to Move

Amazon (AMZN.OQ) is set to report Q1 2026 earnings after the close on Wednesday, with options-implied moves of about ±7% by week’s end — which could send the stock toward $273 on the upside or $237 on the downside. Analysts are broadly bullish ahead of the print, citing strong AWS momentum, expanded AI partnerships (Anthropic) and retail strength; Visible Alpha consensus forecasts $177.36 billion in revenue and $1.63 EPS. JPMorgan and Bank of America recently raised price targets to $280 and $298, respectively, and the analyst consensus averages near $283. Market positioning and upbeat analyst views suggest the report could push AMZN toward new record highs, supporting a constructive near-term market impact for Amazon shares and related big-tech sentiment.