Companies/Cloud/AMZN

AMZN

Amazon

Strategic Compounder

Cloud platforms·US·Seattle, WA·#6 / 10 in segment·21.3% of segment mcap

$265.01

4.6% vs S&P 12m

Business overview

Direct AI revenue AI infrastructure exposure AI productivity upside

AWS plus Anthropic partnership, Trainium/Inferentia silicon, and Bedrock as the open-foundry layer for enterprise AI.

Largest cloud by revenue with rapidly scaling Trainium-based AI capacity; Bedrock multi-model strategy is the natural counter to Azure-OpenAI.

Products

AWS
Bedrock
Trainium/Inferentia
Q Developer
Retail/Ads

Customers (3)

Enterprises globally
Developers
Consumers

Competitors (3)

Composite score

Higher = stronger overall research case

Fundamental57

Technical75

Valuation20

AI relevance92

Risk-adjusted (higher = safer)49

Segment-relative fundamental percentile: 43

Synthetic 1Y price action

Deterministic price series; 50d (yellow) and 200d (orange) MAs shown

3M RS: 21.1%6M RS: 2.4%12M RS: 4.6%Vol30d: 27%DD52w: -3.6%

Financial summary

Curated, illustrative

Revenue

$742.78B

Growth (YoY)

16.6%

Gross margin

50.6%

Operating margin

13.1%

FCF

$9.81B

Capex

$138.72B

Net cash / (debt)

$-92.45B

ROIC

6.8%

Customer conc.

Medium

Valuation

Market cap

$2.85T

Enterprise value

$2.94T

P/E (TTM)

31.7x

Forward P/E

27.0x

EV / Sales

4.0x

EV / EBITDA

18.9x

P / FCF

290.7x

PEG

1.8x

Rule of 40

—

Risks

Severity 1 (low) to 5 (severe)

4
AWS growth vs. capex absorption
3
Retail margin sensitivity

Score components

What drove the composite

Growth63

Profitability49

Cash generation31

Balance sheet74

Moat / AI relevance88

Capital intensity (higher = lighter)39

Customer diversification60

Valuation discipline (dilution)65

Trend (MA50/MA200)95

Momentum (3/6/12m)67

Relative strength57

Realized vol (higher = lower vol)71

Segment peers

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