Amazon Trades at a Premium P/E: Time to Hold or Fold the Stock?

Key Takeaways Amazon reported record Q4 2025 sales of $213.4B, AWS revenues up 24%, and operating income rising to $25B.AMZN plans about $200B in 2026 capex, with most spending aimed at AWS AI infrastructure.Amazon faces cloud competition as Microsoft and Alphabet gain share; Q4 market shares were 28%, 21% and 14%.Amazon.com (AMZN) delivered a strong operational finish to 2025, posting record quarterly revenues and accelerating cloud growth, yet the stock has struggled to build on that momentum. The company ...