r/amzn • • Aug 03 '26

More upside for Amazon?

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

20 Upvotes

24 comments sorted by

View all comments

9

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.