Prediction: This Will Be Amazon's Stock Price by the End of 2026

Amazon’s shares climbed about 1.88% in the period described, after a two-week stretch marked by earnings-driven volatility. The stock was flat for the year before reporting, then spiked 20% following results, before easing to roughly a 15% gain for 2026 as investors took some profits. The article credits Amazon’s Q2 performance with strengthening the outlook, especially beyond retail. It highlights 16% year-over-year growth in North American commerce sales and 15% internationally, but argues the bigger driver is AWS. The piece cites AI demand for compute power, AWS revenue up 37% year over year in Q2, and Amazon budgeting about $220 billion in capital expenditures this year.