AMZN vs GOOG: Which Is the Better Buy?

Side-by-side comparison of Amazon.com, Inc. and Alphabet Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-18.
Amazon.com, Inc. · Consumer Cyclical
$238.12
+59.3% upside to fair value
Grade B High Quality
VS
Alphabet Inc. · Communication Services
$339.40
-4.4% upside to fair value
Grade D High Quality
QuantHub Verdict
AMZN has more upside to fair value (+59.3%). GOOG trades at a lower forward P/E (31.2x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric AMZN GOOG
Current Price $238.12 $339.40
Fair Value Estimate $379.40 $324.34
Upside to Fair Value +59.3% -4.4%
Market Cap $2,556.2B $4,105.7B
Forward P/E 32.8x 31.2x
EV / EBITDA 15.9x 23.1x
Price / Sales 3.6x 10.3x
Price / FCF 332.2x 56.4x
Revenue Growth YoY +18.4% +11.3%
Gross Margin 50.3% 59.7%
Operating Margin 11.2% 32.0%
Return on Equity 21.9% 35.0%
Dividend Yield 0% 0%
FCF Yield 0.3% 1.77%
Analyst Consensus Strong Buy Strong Buy
Investment Thesis
AMZN — Amazon.com, Inc.
Amazon.com, Inc. operates as the world's largest e-commerce and cloud computing company, with a diversified revenue base spanning online retail, third-party seller services, AWS cloud, advertising, and subscription services. The business quality is high due to its durable competitive moats including AWS's leadership in cloud infrastructure and Amazon's dominant e-commerce platform. Despite strong…
GOOG — Alphabet Inc.
Alphabet Inc. operates as a global leader in internet content, advertising, cloud computing, and AI technologies, with dominant market positions in search, browser, and mobile operating systems. The company benefits from a high-quality business model characterized by a durable competitive moat, strong revenue growth of 11.3% year-over-year, and robust profitability with net margins of 32.8%. Desp…
Accumulation Zones
Metric AMZN GOOG
Zone Low $284.55 $243.25
Zone High $322.49 $275.69
In Buy Zone? Yes No
← AMZN Research    GOOG Research →    All Research