Why is AMZN stock down?

AMZN fell 4.7% over five trading days, closing at $250.0 on Oct. 16, 2026. A sharp move like this raises an immediate question. Investors need to see whether company-specific issues or broader group trends drove the drop.

To find out, we compare AMZN with its closest peers. We also check the calendar for earnings and Fed dates, alongside Amazon Com Inc's latest SEC filings and insider trades.

The chart below tracks AMZN's daily closing price from April 22, 2026 to Oct. 16, 2026. Over that stretch it is down 2.1%, from $255.36 to $250.00, with a high of $284.02 on Aug. 3, 2026 and a low of $226.65 on July 29, 2026. Each red circle marks a week in which company insiders sold shares on the open market (12 weeks in this period; bigger circles mean more money). There are no green diamonds: no insider bought on the open market in this window.

AMZN vs peers this week

The table below shows how AMZN compares with its peers this week. Over 5 days, MSFT held up best at -1.1%, while AMD suffered the steepest drop at -13.0%. AMZN ranks 3 of 7.

What could be behind the AMZN move

Earnings are due on Oct. 29, 2026 (in 10 days); stocks often move ahead of reports.

Company filings in the last weeks: 8-K on Sept. 14, 2026 (Debt financing (not convertible)).

Across the broader market, an uptrend faces pressure, with the VIX volatility index at 16.46. The Federal Reserve's next rate decision is on Oct. 28, 2026, 9 days away. Market pricing implies an 85% chance of a hold, 14% for a hike and 1% for a cut.

Also worth knowing about AMZN

Live AMZN data, updated every 30 minutes: AMZN insider trades, ownership and filings →

In Amazon Com Inc's own words

“AWS is booming, growing 36.7% year-over-year in Q2—our fastest growth in 18 quarters—and our AI and Chips businesses each eclipsed run rates of more than $25 billion”

— Andy Jassy, President and CEO, Amazon · SEC filing

From the company's earnings release filed with the SEC on 2026-07-30 (Form 8-K).

What would change the picture for AMZN

These are the specific events and levels to watch. None of them is a prediction.

• Watch the Oct. 29, 2026 earnings report, coming in 10 days. Amazon Com Inc beat estimates in 2 of the last 4 quarters with an average surprise of +5.1%. A miss would break that pattern.
• An open-market purchase by an insider at Amazon Com Inc. There has been none in 90 days; Form 4 filings would show one within two business days of the trade.
• Analyst ratings: the average score moved from 4.22 to 4.2 over three months (on a scale where 5 is strong buy and 1 is strong sell). A run of downgrades after earnings usually shows up here first.
• A close above $284.02 would mark a new 52-week high, 13.6% above the recent $250.0 close. Conversely, a close below $198.79 would mark a new 52-week low, 20.5% below current levels.
• Revenue rose 15.8% year over year in the quarter ending Jun 2026, showing an accelerating trend. At a P/E of 20.1, any growth slowdown would matter more than at a lower multiple.
• Dilution risk remains moderate today. A new shelf registration (S-3) or a prospectus supplement (424B) for a share offering would push that risk higher.

How AMZN compares with its peers

Over the past month, AMZN ranks 4 of 5 in this group at -0.5%. MSFT led the group at +6.3%, while GOOGL lagged at -1.9%.

AMZN's P/E of 20.1 sits below the peers' median of 28.1. That means investors pay less for each dollar of its profit.

AMZN history: what happened after similar moves

Since 2023, AMZN fell 10% or more in a month 7 times (separate episodes, not counting the current one). Three months later it was higher in 5 of 6 cases; the median change was +13.4%.

Past moves don't predict the next one; they show how volatile the stock has been.

Questions people also ask

What is AMZN's 52-week high and low?

Over the past year, AMZN closed as high as $284.02 and as low as $198.79. At $250.0 on Oct. 16, 2026, the stock sits 12.0% below its high and 25.8% above its low.

Do analysts think AMZN is a buy?

Of the 74 analysts tracking Amazon Com Inc, 69 rate it a buy or strong buy, yielding a consensus of Buy. These ratings reflect analyst views rather than guarantees, and opinions often change after earnings.

Is Amazon Com Inc profitable?

Yes. Amazon Com Inc generated $775.7 billion of revenue over the last 12 months. It recorded a net margin of 17.4% and carries a P/E of 20.1.

Does AMZN pay a dividend?

Amazon Com Inc reported no dividend payments over the last 12 months in its SEC filings.

Is Amazon Com Inc issuing new shares?

Dilution risk scores a moderate 35/100, while the share count rose 1.1% in a year. That reading reflects 1 offering-related filing(s) in 12 months.

When does Amazon Com Inc report earnings next?

The next report arrives on Oct. 29, 2026, 10 days from now. Amazon Com Inc beat the average estimate in 2 of its last 4 reports.

Dates to watch for AMZN

Insider trades can come any day: they must be filed on Form 4 within two business days.

Key terms on this page

P/E ratio

Price divided by the last 12 months of earnings per share. A P/E of 20 means investors pay $20 for each $1 of yearly profit. It is only defined when the company is profitable.

Form 4

The SEC form a company's officers, directors and 10% owners must file within two business days of buying or selling its stock.

Open-market trade

A purchase or sale on the exchange at the market price, paid with the insider's own money (code P or S on Form 4), as opposed to option exercises, grants or gifts.

Dilution

When a company issues new shares, each existing share owns a smaller piece of the company. Common sources: stock offerings, convertible debt and large stock-based pay.

Form 8-K

The SEC form for material events between quarterly reports: earnings releases, deals, executive changes, stock offerings and similar news.

52-week high / low

The highest and lowest daily closing price over the past year (about 252 trading days).

Analyst consensus

The average of Wall Street analysts' ratings (strong buy to strong sell). Analysts skew positive, so a hold is often read as a cautious view.

Where these numbers come from

Every number on this page is computed from the data when the page is refreshed (usually daily); nothing is typed in by hand. This is information, not investment advice.

• Price data covers daily closing prices through Oct. 16, 2026. Calculations use intervals of 5, 21 and 63 trading days, while the 52-week range reflects the last 252 closes.
• Insider trade data tracks SEC Form 4 filings from the last 90 days. It counts only open-market purchases (code P) and sales (code S), excluding option exercises, grants, gifts and filings with data errors.
• Analyst ratings: counts of current ratings from 74 analysts, compared with three months ago.
• Earnings dates and estimates come from a market-data calendar. The figure compares reported versus expected EPS over the last 4 quarters.
• Valuation and growth figures draw from the company's SEC filings, using XBRL data through the Jun 2026 quarter. P/E and price/sales ratios reflect the latest closing price.
• Fund ownership data comes from SEC Form 13F filings for Q2 2026.
• The dilution score ranges from 0-100. It tracks two years of share-count changes and offering-related SEC filings, such as shelf registrations, prospectus supplements and convertible notes.
• History: 21-trading-day moves over about three years of daily closes, counted once per episode.