Amazon
Equity · Monthly series · EQ-AMZN.NASDAQ
Latest, October 2026
240 USD
-3.5% from September 2026
Forecast
Forecast for October 2027: 431 USD, with an 80% interval of 265 USD to 646 USD.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| November 2026 | 268 USD | 245 USD | 295 USD |
| December 2026 | 297 USD | 237 USD | 346 USD |
| January 2027 | 337 USD | 281 USD | 362 USD |
| February 2027 | 359 USD | 257 USD | 420 USD |
| March 2027 | 374 USD | 326 USD | 402 USD |
| April 2027 | 394 USD | 310 USD | 398 USD |
| May 2027 | 404 USD | 299 USD | 464 USD |
| June 2027 | 416 USD | 248 USD | 469 USD |
| July 2027 | 416 USD | 238 USD | 616 USD |
| August 2027 | 415 USD | 264 USD | 619 USD |
| September 2027 | 416 USD | 264 USD | 700 USD |
| October 2027 | 431 USD | 265 USD | 646 USD |
AI confidence
Weak evidenceThe serving forecast made larger errors than the no-change baseline in these tests.
Model: Hierarchical neural network (neural network)
- Accuracy vs naive
- -35%Trails the no-change baseline over 6 tests (6 tests, 1 won)
- Direction
- 51%No clear edge over a coin flip (37 of 72 calls right in 6 tests)
- Turning points
- 10 of 32Anticipated some turns (32 turns in 6 tests, 0 without a turn)
- Error vs baseline
- 35% higherError ratio 1.35; 1.00 is a tie.
- Tests won
- 1 / 6Complete recent tests excluded from model selection; ties count as no win.
- Test period
- 2020-11-01 to 2026-10-0112 observations ahead per test.
- 80% band coverage
- 81%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-13 against the cached history through 2026-10-01.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
5 of 5 models evaluatedModels are selected on older tests and evaluated on separate recent tests. All four classes completed their backtests.
Models tested
Hierarchical neural network scored lowest on the 6 older tests (0.70) and was chosen. The 6 recent tests played no part in the choice and give its grade (1.35). The search for a model that beats the naive forecast on both sets of tests goes on. Scores are MASE: a model's errors divided by the naive forecast's, so 1 is a tie.
4 model classes completed the tests: Neural network, Machine learning, Foundation model, Statistical.
| Model | Class and compute | Older tests | Recent tests | Role |
|---|---|---|---|---|
| N-HiTS (neural network) | Neural network · CPU | 0.70 | 1.35 | Serving |
| CatBoost (machine learning) | Machine learning · CPU | 0.76 | 0.96 | Tested |
| ci-proto (foundation model) | Foundation model · CPU | 0.87 | 1.08 | Tested |
| Timestral (foundation model) | Foundation model · CPU | 0.97 | 0.99 | Tested |
| AutoETS (statistical) | Statistical · CPU | 0.97 | 0.99 | Tested |
| Naive forecast (last value held) | Benchmark · CPU | 1.00 | 1.00 | Benchmark |
Reading
It is above 95% of the 119 earlier readings since November 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| October 2026 | 240 USD |
| September 2026 | 249 USD |
| August 2026 | 260 USD |
| July 2026 | 272 USD |
| June 2026 | 238 USD |
| May 2026 | 271 USD |
| April 2026 | 265 USD |
| March 2026 | 208 USD |
| February 2026 | 210 USD |
| January 2026 | 239 USD |
| December 2025 | 231 USD |
| November 2025 | 233 USD |
| October 2025 | 244 USD |
| September 2025 | 220 USD |
| August 2025 | 229 USD |
| July 2025 | 234 USD |
| June 2025 | 219 USD |
| May 2025 | 205 USD |
| April 2025 | 184 USD |
| March 2025 | 190 USD |
| February 2025 | 212 USD |
| January 2025 | 238 USD |
| December 2024 | 219 USD |
| November 2024 | 208 USD |
Source
Data: public market data feeds.
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