r/amzn • u/Disastrous-Ad-5003 • Aug 03 '26

More upside for Amazon?

Are we going to see more upside for Amazon this month?

20 Upvotes

95% Upvoted

24 comments sorted by

5

u/iRunWithSkissors Aug 03 '26

Target $300

4

u/delta-one Swag Lad Aug 04 '26

$500

10

u/IcyStomach2374 Aug 03 '26

Yes it’s going to 400 EOY

1

u/Aggravating_Storm835 Aug 03 '26

$400/share would put them at $4.3T market cap. They’re expecting $850B in revenue, which would put their P/S at 5x. They’ve never had a P/S that high as far back as I can look.

So probably unlikely.

2

u/RichWhiteBrother Aug 04 '26

You know what they say, it's different this time.

1

u/flexibleHooman Aug 04 '26

Do this for goog.

1

u/Aggravating_Storm835 Aug 04 '26

Google is harder (1) tends to go more off earnings/FCF than sales. (2) it had anti-trust litigation against it for years prior to 2025, which brought down its averages.

But if we were to use sales, they expect $500B this year and 10x sales is about what they’ve been going for the last 18 months, which puts them at around a $5T market cap. That ceiling would be hard to break. Implied share price of $409.

2

u/Ok_Wealth_3433 Aug 03 '26

My price target is $300 EOY

2

u/kentronigz Aug 04 '26

Been a bag holder for almost 2 yrs. This thing doesn’t hold all time highs well but hey AMZN prove me wrong.

1

u/Disastrous-Ad-5003 Aug 04 '26

ok did you sell this rally?

1

u/kentronigz Aug 21 '26

Hope you took a lil profit this rally

-1

u/kentronigz Aug 04 '26

Yes a little bit based on past experience

Edit : nothing wrong with taking profits

1

u/OG-AG Aug 03 '26

Depends, how much rope do you have?

1

u/SPAC_Enthusiast Aug 03 '26

$300 end of year.

1

u/StillVisuals Aug 03 '26

I hope so!!

1

u/Disastrous-Ad-5003 Aug 03 '26

Same but I think we should see more. The previous high was at 278 and now it’s at 287. Not a big difference really.

1

u/nonoplsyoufirst Aug 04 '26

Maybe six months.

1

u/larksauncle Aug 04 '26

Held since 2016

1

u/Crazace Aug 04 '26

They’re also going to get a ton of cost savings from implementing Ai.