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Amazon Stock Holds Steady After Strong Earnings Report

Guavy AI Editorial Team
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AMZN
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Amazon's stock price held steady at $253.71 on September 18, 2026, after a 1% rise from its previous close of $251.19.

The company's revenue jumped 19.6% year-over-year in the latest quarter, surpassing expectations and boosting investor confidence.

According to MarketBeat, Amazon reported earnings per share (EPS) of $5.75 on July 30, 2026, beating the consensus estimate by a significant margin of $3.93.

The strong revenue growth and improved EPS have analysts staying constructive, with Wells Fargo lifting its target price to $338.00 from $328.00 on September 3, 2026, while Sanford C. Bernstein maintained an Outperform view with a target of $320.00.

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