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Amazon targets 16.8% revenue growth in Q2 2026, driven by AWS and AI investments.

Analyst Insights
18 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Amazon is accelerating its revenue growth, expecting a 16.8% year-on-year increase in Q2 2026, fueled by strong momentum in its AWS cloud services and generative AI initiatives. The company is heavily investing its capital expenditure (CapEx) in AWS and AI, with a trailing twelve months (TTM) CapEx of $151 billion and plans to exceed $200 billion by fiscal year 2026. This investment strategy supports a bullish outlook for AWS revenue growth of 40–45% in the coming quarters. The analyst maintains a Strong Buy rating due to Amazon's substantial backlog, high revenue visibility, and potential valuation improvements after Q2 earnings.

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