On September 22, 2026, Amazon Web Services (AWS), a division of Amazon.com Inc (ticker: AMZN), became the first cloud provider authorized to manage NATO RESTRIC
On September 22, 2026, Amazon Web Services (AWS), a division of Amazon.com Inc (ticker: AMZN), became the first cloud provider authorized to manage NATO RESTRIC
On September 22, 2026, Amazon Web Services (AWS), a division of Amazon.com Inc (ticker: AMZN), became the first cloud provider authorized to manage NATO RESTRICTED level data across all NATO member nations. This milestone enables NATO and its affiliates to securely handle sensitive information on AWS infrastructure located within NATO ally territories.
Amazon’s Price-to-Sales ratio currently stands at 3.69x, slightly above its historical median of 3.44x, signaling the market’s expectation of sustained future growth despite the company’s unprofitable and cash-flow negative status, which renders earnings-based valuation metrics like P/E less relevant.
AMZN boasts a robust GF Score™ of 93/100, reflecting strong overall financial health, growth, and profitability metrics.
Insider activity reveals persistent net selling over the past 12 months, with no insider purchases and $457.2 million worth of shares sold, while 51 premium gurus hold AMZN shares, with a near-even split between those adding and trimming positions recently.
What's Behind the News?
Amazon Web Services’ recent approval to handle NATO RESTRICTED data across all member nations marks a significant endorsement of AWS’s security and compliance capabilities. This authorization allows NATO, its defense contractors, and member countries to utilize AWS cloud services for sensitive data processing within any AWS region located in a NATO ally’s territory. Dylan Browne, general manager of the NATO Communications and Information Agency, highlighted that integrating commercial technologies meeting NATO’s rigorous security standards enhances the alliance’s operational agility and resilience.
Amazon.com Inc operates across three main segments: North America, International, and Amazon Web Services. AWS remains a dominant player in cloud computing, offering a broad range of services including compute, storage, database, analytics, and AI/ML solutions to enterprises and governments worldwide. With a market capitalization of $2.75 trillion, Amazon is a heavyweight in the Consumer Cyclical sector and Retail - Cyclical industry, employing approximately 1.6 million people as of the end of 2025.
Is AMZN Overvalued on a Price-to-Sales Basis?
Amazon’s current Price-to-Sales (P/S) ratio of 3.69x is modestly above its 1-year median of 3.44x and slightly higher than the industry median, suggesting that investors are pricing in continued revenue growth and market dominance. However, it is important to note that AMZN remains unprofitable and exhibits negative free cash flow, which diminishes the relevance of traditional earnings-based valuation metrics such as the Price-to-Earnings (P/E) ratio. The market’s reliance on P/S rather than P/E underscores expectations for future profitability improvements and sustained top-line expansion.
Averytin News Financial update.

