Analysts have said they expect Amazon to report rising revenue and profits, though investors could be more focused on its AI spending plans. Amazon is set to report earnings after the closing bell today, with traders expecting a big move from the e-commerce giant's stock. Heading into the results, Amazon shares are up 3% for the year and 15% off their May highs in the wake of Amazon's first-quarter report. Analysts see Amazon reporting earnings of $1.99, up from $1.68 the same time last year, per Visible Alpha estimates. Wall Street analysts are largely bullish on Amazon stock, with 18 of the 19 analysts tracked by Visible Alpha recommending buying the stock, while just one holds a neutral rating.