Top Analyst Reports for Amazon, AbbVie & Alibaba

Thursday, September 3, 2026

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Amazon.com, Inc. (AMZN), AbbVie Inc. (ABBV) and Alibaba Group Holding Ltd. (BABA), as well as a micro-cap stock Lulu's Fashion Lounge Holdings, Inc. (LVLU). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.

These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

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You can read today's AWS here >>> Big Morning for News: Jobless Claims, Fed Speakers, Trade Deficit

Today's Featured Research Reports

Amazon’s shares have outperformed the Zacks Internet - Commerce industry over the year-to-date period (+11.8% vs. +3.6%). The company’s international expansion and diversification across e-commerce, AWS cloud services, advertising and streaming create multiple revenue streams while reducing concentration risk. 

For 3Q’26, Amazon guided net sales of $197-$202 billion and operating income of $22.5-$26.5 billion. AI integration across operations enhances personalization, logistics and AWS offerings, strengthening competitive positioning. However, substantial capital expenditure requirements for AI infrastructure and data centers strain financial resources and compress margins, with trailing-12-month free cash outflow reported at $7.6 billion. 

Amazon’s expanding debt burden reduces financial flexibility amid rising interest rates. Intensifying competition from Walmart, Microsoft Azure, and Google Cloud is an overhang.

(You can read the full research report on Amazon here >>>)

Shares of AbbVie have gained +16.2% over the year-to-date period against the Zacks Large Cap Pharmaceuticals industry’s gain of +17.6%. The company has successfully navigated Humira's loss of exclusivity (LOE) by launching two other successful immunology medicines, Skyrizi and Rinvoq, which are performing extremely well, bolstered by approvals in new indications, and should support top-line growth in the next few years. 

AbbVie’s neuroscience portfolio is also rapidly expanding and contributing significantly to top-line growth. AbbVie boasts a robust pipeline and expects important data readouts, regulatory submissions and approvals throughout the rest of 2026. 

AbbVie has been on an acquisition spree in the past couple of years to bolster its early-stage pipeline that should drive long-term growth. However, the company faces several headwinds like Humira LOE impact, slowing oncology sales and continued macro headwinds for Aesthetics.

(You can read the full research report on AbbVie here >>>)

Alibaba’s shares have underperformed the Zacks Internet - Commerce industry over the year-to-date period (-23.7% vs. +3.6%). The company’s investment cycle remains costly. China commerce monetization slowed, quick commerce still requires sustained spending, and AI model development is consuming substantial resources. Elevated infrastructure outlays have pushed free cash flow deeper into negative territory despite higher operating cash flow. 

Alibaba therefore offers credible long-term growth avenues in cloud, AI and commerce, but near-term returns remain constrained by investment intensity and uneven core-commerce trends, supporting a Neutral view.

Nevertheless, Alibaba retains a broad commerce ecosystem and is gaining traction from AI-led cloud demand, deeper integration across its consumer platforms and better operating discipline in international commerce. The new segment structure also aligns commerce, cloud infrastructure and AI applications more closely.

(You can read the full research report on Alibaba here >>>)

Shares of Lulu's Fashion have outperformed the Zacks Retail - Apparel and Shoes industry over the year-to-date period (+114.6% vs. -14.6%). This microcap company with a market capitalization of $32.10 million saw its first-half 2026 gross margin expanded 390 bps to 47%, while net loss narrowed to $5.6 million from $11 million as selling and marketing and G&A expenses declined 14% and 12%, respectively. 

Assortment productivity is also improving, with revenue per new product launched rising 28% in casual apparel and 48% in footwear. Inventory declined 23%, helping operating cash flow increase to $7.5 million. Wholesale adds another growth avenue, with Q2 revenues nearly doubling and specialty partners rising to 26. Management also expects adjusted EBITDA to turn positive in 2026. 

However, first-half revenues fell 14% as orders declined 16%, while elevated returns and limited revolver availability constrain flexibility. Nasdaq compliance also remains a risk, given the stockholders’ equity deficit. The stock trades at just 0.11X EV/sales versus 1.63X for its sub-industry.

(You can read the full research report on Lulu's Fashion here >>>)

Other noteworthy reports we are featuring today include Quanta Services, Inc. (PWR), Coherent Corp. (COHR) and CF Industries Holdings, Inc. (CF).

Mark Vickery
Senior Editor

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Today's Must Read

Surge in Online Orders & AWS Momentum Benefit Amazon (AMZN)

AbbVie's (ABBV) Skyrizi, Rinvoq Key to Top-Line Growth

Alibaba (BABA) Gains From International Commerce Businesses

Featured Reports

Coherent (COHR) Gains From AI Boom Amid Concentration Risk
Per the Zacks analyst, Coherent capitalizes on AI datacenter build-out, bolstering strength in the Datacenter and Communications. However, high revenue concentration in this segment heightens risk.

CF Benefits from Strong Pricing Environment and Durable Demand
Per the Zacks analyst, higher prices across segments due to tighter supply of nitrogen as geopolitical risks limit availability and constructive global nitrogen demand boost future outlook.

Leisure Transient Demand & Rate Growth Aid Host Hotels (HST)
Per the Zacks analyst, Host Hotels gains from solid demand, group momentum, renovations and disciplined asset recycling. However, wage inflation and high interest expenses may pressure margin growth.

Revvity's (RVTY) Growth Outlook Faces Chinese Pressure and Margin Risk
As per the Zacks analyst, Revvity's growth outlook is supported by diagnostics and software momentum, but Chinese pressure and margin risks may weigh on near-term performance.

Strength in Network Infrastructure Unit Aids EnerSys (ENS)
Per the Zacks analyst, EnerSys' Network Infrastructure segment is driven by strength in data centers, communications and power electronics. Its shareholder-friendly measures are encouraging.

Investment Income Growth Aids Main Street (MAIN) Amid High Costs
Per the Zacks analyst, Main Street's rising investment income, driven by portfolio expansion and higher fee income, supports growth. Yet, elevated expenses may pressure profitability.

California Resources (CRC) to Benefit from Midstream Asset Expansion
The Zacks analyst believes that California Resources' expanding midstream assets can improve market access, but rising operating costs and capital requirements may limit free cash flow.

New Upgrades

Strong Public Spending & Acquisitions Benefit Quanta's (PWR) Growth
Per the Zacks analyst, Quanta is benefiting from robust public infrastructure spending trends and elevated demand for AI-related infrastructure, with acquisitions broadening capabilities.

Generac Rides on C&I Growth, Data Center Backlog and Expansion
Per the Zacks analyst, robust C&I growth, a sizable data center backlog and higher 2026 C&I sales expectations support Generac's outlook despite residential weakness.

e.l.f. Beauty's (ELF) Diverse Portfolio, Global Expansion Drive Growth
Per the Zacks analyst, e.l.f. Beauty's diverse portfolio and global expansion support growth across brands and markets. In the first quarter of fiscal 2027, net sales rose 36% to $479.4 million.

New Downgrades

Dull Macro Scenario Irks Bruker (BRKR) Amid Unfavorable FX
The Zacks analyst is concerned that Bruker Corporation's trade effects remain hard to model, while its global revenue base keeps growth and earnings sensitive to currency fluctuations.

Softer Cypto Market, Competition Weigh on Coinbase Global (COIN)
Per the Zacks analyst, Coinbase faces near-term pressure as softer crypto market activity weighs on transaction volumes. Evolving regulatory landscape and execution risks are concerns.

Housing Weakness & Pricing Risks Hurt Builders FirstSource (BLDR)
Per the Zacks analyst, residential weakness due to affordability pressures and high mortgage rates hurt Builders FirstSource. Also, pricing pressures and reduced operating leverage are added risks.

Research Chief Names "Single Best Pick to Double"

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This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research