Amazon stock is trading at $213.48 on October 17, 2025, down 0.46% as the company approaches its October 30, 2025 earnings report with strong analyst expectations. The stock showed minimal movement in premarket trading around $198 earlier in the day, reflecting cautious positioning ahead of the busy earnings season. Analysts maintain bullish sentiment with Amazon holding a Zacks Rank #3 (Hold) and an Earnings ESP of +7.90%, indicating a high probability of beating consensus estimates based on the company's recent track record of earnings surprises averaging 22.05% over the last two quarters. The stock's consolidation near recent highs comes as investors digest strong AWS growth and improving e-commerce margins while awaiting clearer signals on consumer spending trends. The modest decline aligns with broader market dynamics, as major tech stocks pause after recent AI-driven rallies, with traders adopting a wait-and-see approach ahead of key corporate reports and next week's Federal Reserve meeting.