Amazon’s stock is making headlines again, with analysts and investors buzzing about a potential breakout reminiscent of Google’s meteoric rise. After a period of compressed valuations and cautious sentiment, the e-commerce and cloud giant is showing signs of renewed momentum—and Wall Street is taking notice.
Amazon’s Latest Earnings: A Clean Quarter Sparks Optimism
Amazon’s most recent quarterly report delivered what Wedbush Securities analyst Scott Devitt called “the cleanest quarter this company has had in some time.” The company beat expectations on operating income and posted moderate revenue growth, but the real star was a
20% jump in Amazon Web Services (AWS) growth. This signals a possible acceleration in Amazon’s core business heading into 2026, a trend that could finally shake off the “left for dead” narrative that’s dogged the stock in recent years.
Devitt compared Amazon’s current setup to Google’s transformative trade in 2025, suggesting that investors may be at the start of a new growth cycle for the tech giant. “You’re just at the beginning of an acceleration in the core business,” he said, hinting at a bullish outlook for the months ahead.
Stock Performance: AMZN Climbs as Sentiment Shifts
Amazon’s stock closed at
$222.77 on October 30, 2025, up from its previous levels and continuing to trend higher in extended trading. The price has shown resilience, with a recent uptick of
1.41% to $224.21 in after-hours trading, reflecting growing investor confidence.
However, not all signals are green. Short interest in Amazon has increased by
10.11% over the past month, indicating that some investors remain skeptical about the sustainability of the rally. Despite this, news sentiment around Amazon is positive, with a score of
0.76—above the sector average—and a surge in news coverage and search interest.
What’s Fueling the Optimism?
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AWS Growth: The cloud division’s robust performance is seen as a key driver for future profits.
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Operating Income Beat: Adjusted results show Amazon’s core business is strengthening.
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Investor Attention: Amazon is one of the most-watched stocks, with thousands adding it to their watchlists and search interest up
16% month-over-month.
Expert Commentary: Is Amazon the Next Big Tech Trade?
Analysts are increasingly drawing parallels between Amazon’s current trajectory and Google’s breakout moment. The combination of compressed multiples, improving fundamentals, and a potential acceleration in growth has some experts predicting a “next Google” scenario for Amazon in 2026.
Yet, with increased short interest and insider selling, not everyone is convinced. The coming quarters will be crucial in determining whether Amazon can sustain its momentum or if skepticism will win out.
Actionable Takeaways and Future Implications
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Watch AWS: Continued double-digit growth in cloud services could be the catalyst for further stock gains.
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Monitor Sentiment: Rising short interest and insider selling warrant caution, even as news sentiment improves.
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Long-Term Outlook: If Amazon delivers on growth expectations, investors could see a repeat of Google’s historic run.
Amazon’s story is far from over, and the next few months may reveal whether this tech titan is truly poised for a breakout—or if the skeptics will be proven right.
Sources
1. Why Amazon Stock Reminds Wedbush's Devitt of Google - YouTube
2. Amazon.com (AMZN) Stock Price, News & Analysis - MarketBeat
3. Amazon.com, Inc. Common Stock (AMZN) - Nasdaq
4. Amazon Stock Price | AMZN Stock Quote, News, and History
5. Amazon Stock Price Today | NASDAQ: AMZN Live - Investing.com
6. Amazon: AMZN Stock Price Quote & News - Robinhood
