Amazon stock prediction: $320.39 bull, $210.55 bear
By Tobi Opeyemi Amure
AI summary of the source article
Amazon shares closed at $248.00 on 23 October 2026, framing a year-end volatility band between $210.55 and $320.39. Filings show second-quarter AWS net sales reached $42.232 billion alongside expanded multi-billion-dollar commitments with OpenAI and Anthropic.
Key facts
- Amazon closed at $248.00 on 23 October 2026, setting a 47-session volatility band with a $320.39 bull, $249.05 base, and $210.55 bear case through year-end.
- Second-quarter AWS net sales rose 36.8 percent to $42.232 billion, generating $16.621 billion in operating income.
- AWS expanded multi-year commitments by over $100.0 billion each with OpenAI and Anthropic, covering chips and infrastructure.
Source excerpt · FinanceFeeds
Amazon's Friday close is not the September print those older bull and bear pairs used, and the company has not posted the earnings date the tape is trading. From the Nasdaq official close of $248.00 on 23 October 2026, the 47 sessions through 31 December 2026 put the bull at $320.39, the base at $249.05, and the bear at $210.55. The base is $1.05, or 0.42 percent, above the close because the avera…