As Amazon ‘Scrambles to Catch Up,’ 1 Analyst Is Jumping Ship on AMZN Stock

The year-to-date (YTD) picture in 2026 has followed a similar trend, with Amazon’s stock again recording a notable decline, down 9.47%. This negative movement has been driven in large part by a significant market sell-off linked to the company’s 2026 capital expenditure guidance, which far exceeded expectations. Investors reacted strongly when Amazon announced plans to spend around $200 billion on AI, cloud, robotics, and data-center infrastructure, a figure that eclipsed consensus forecasts and raised conc ...