When does Amazon report Q1 earnings?

Amazon reports Q1 earnings after market close on Wednesday, April 29, 2026.

How much has Amazon stock risen in the past month?

Amazon stock has risen over 32% in the past month.

What strategic deals have impacted Amazon recently?

Deals include a partnership with Meta to use Graviton chips for AI and a $25 billion investment in Anthropic.

What move is expected in Amazon stock after earnings?

Options data suggests a potential move of 5% to 8% in either direction.

Amazon Q1 Earnings Preview: Options Signal Big Move for AMZN Stock

Amazon (AMZN) is set to report Q1 2026 earnings after market close Wednesday. The stock has surged over 32% in the past month, fueled by accelerating AWS growth, a strategic partnership with Meta (META), and a $25 billion investment in Anthropic. Options data suggests a significant move may be on the horizon.

Amazon (NASDAQ: AMZN) is scheduled to announce its first-quarter 2026 earnings after the market closes on Wednesday, April 29. The stock has rallied more than 32% over the past month, driven by accelerating growth in its Amazon Web Services (AWS) cloud unit, a deal with Meta Platforms (META) to power agentic AI on AWS's Graviton chips, and a new investment of up to $25 billion in AI startup Anthropic. According to TipRanks' Options Tool, options traders are anticipating a notable price swing following the report.

Key Financial Results

Results have not been released yet, but consensus estimates point to:

Revenue: Expected between $150 billion and $160 billion.
Net Income: Projected to rise, driven by AWS margins.
Earnings Per Share (EPS): Estimates range from $1.50 to $1.70. (Note: Exact figures will be released Wednesday after close)

Highlights from the Release

Pending the official release, analysts will focus on:

AWS revenue growth rate.
Impact of the Meta partnership on AI chip demand.
Details on the $25 billion Anthropic investment.

Future Guidance

Investors will scrutinize Q2 guidance, particularly capital expenditure plans for AWS and revenue outlook.

Impact on the Stock

TipRanks options data implies a potential move of 5% to 8% in either direction after the earnings announcement.

What This Means for Investors

Amazon's earnings will provide a key test of its cloud and AI strategy. A strong beat could extend the recent rally, while weak guidance might trigger a pullback. Investors should watch for commentary on AWS growth and AI monetization.