BofA Forecasts Amazon Revenue Beat in Q2 Despite Prime Day Shift

Bank of America analysts reaffirmed their bullish outlook on Amazon, expecting the company to surpass consensus revenue estimates in Q2 2026. In their view, the shift in Prime Day timing will not meaningfully hurt the quarter's overall financial results. The main growth engines remain the AWS cloud platform, which continues to see strong enterprise demand, and the advertising business, which keeps gaining share from traditional media. Analysts also highlight improving operating leverage, as Amazon steadily optimizes its logistics cost structure. The stock is viewed as a compelling holding amid broader uncertainty in the tech sector.