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Amazon Q2 preview: Mizuho, Wolfe see AWS acceleration driving a beat

July 30, 2026 10:30 AM EDT

Amazon (NASDAQ: AMZN), which reports second-quarter results after the close today, is set to deliver a beat led by accelerating cloud growth, according to previews from Mizuho and Wolfe Research.

Mizuho analyst Lloyd Walmsley reiterated an Outperform rating and lowered his price target on the stock to $320 from $325.

The firm raised... More