Amazon stock rises on $20 wage move and strong Q2

Published on 09/16/2026 at 18:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amazon stock trades near USD 248.42 as of September 16, 2026. The company lifted Q2 EPS to USD 5.75 and revenue to USD 200.61 billion.

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Amazon.com Inc. (US0231351067) stock traded at USD 248.42 on September 16, 2026, with a market capitalization of USD 2.68 trillion, a 52-week range of USD 196.00 to USD 287.20 and volume of 175.88K shares as of September 15, 2026. The company also reported Q2 2026 EPS of USD 5.75 and revenue of USD 200.61 billion.

Wage move adds a fresh peg

Amazon said on September 16, 2026 that it is raising the minimum starting pay for eligible full-time U.S. operations workers to USD 20 per hour. In the same announcement, Amazon added a new bank benefit and said average total compensation for eligible full-time core operations roles will exceed USD 32 per hour; Reuters reported the change on September 16, 2026.

Q2 still sets the tone

For the latest reported quarter, Amazon posted EPS of USD 5.75, above the USD 1.82 consensus estimate by USD 3.93, and revenue of USD 200.61 billion versus USD 197.03 billion expected, according to MarketBeat. The same report put net margin at 17.44 percent and said revenue rose 19.6 percent year over year.

Consensus on the stock remains constructive. MarketBeat said on September 16, 2026 that Amazon has a Moderate Buy rating with an average price target of USD 323.26, while Wells Fargo lifted its target to USD 338.00 from USD 328.00 in a report dated September 3, 2026. The spread between the market price of USD 248.42 and the average target leaves the stock about 23.9 percent below that level.

Market level stays central

Amazon stock closed the latest session at USD 248.42, with the 52-week low at USD 196.00 and the high at USD 287.20. That places the shares about 13.5 percent below the 52-week high and 26.6 percent above the low.