Amazon.com Inc (AMZN · NASDAQ)

Amazon posted 19.6% revenue growth and 242.3% earnings growth over the trailing year, beating estimates in all four of its last quarterly reports, including Q2 2026 EPS of $1.88 versus $1.83 expected. Operating cash flow of $45.39B in the quarter was outpaced by $54.21B in capex, leaving free cash flow negative at -$8.82B, while leverage remains modest at 1.3x debt/EBITDA. The stock closed at $262.37, up 13.6% over three months and 7.9% above its 200-day moving average, with an analyst target of $331.72. A reported bottleneck — Nvidia AI hardware sitting in warehouses awaiting data center power capacity — is the key near-term operational risk flagged in recent coverage.