AMZN Amazon.Com

BULLISH Impact: 7/10 COURT-RULING
Horizon weeks Filed May 4, 2026 Processed 1mo ago Court View Ruling on CourtListener
Court ruling (district)
Latest settled — T+20d
AMZN ▼ -3.95% at T+20d
LONG call ✗ call lost -3.95% · α vs SPY -9.60% · entry $272.02 → $261.26
Next anchor: T+60d in 7w
Last close $245.22 (close Jun 8) · -9.85% from $272.02 entry
Entry anchored
May 1, 04:58 PM ET
via Databento tick
T+1d
+0.56%
call +0.56% · α -0.24%
$273.53
settled 5w ago
T+5d
-1.17%
call -1.17% · α -4.10%
$268.85
settled 5w ago
T+20d
-3.95%
call -3.95% · α -9.60%
$261.26
settled 9d ago
T+60d
call — · α —
in 7w

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Executive Summary

Amazon won summary judgment of non-infringement on four of five asserted patents (141, 806, 938, 943) in a patent infringement suit brought by DivX, LLC. The court also granted summary judgment of no willful infringement and no foreign damages on certain patents. One patent (303) survived summary judgment and will proceed to trial, but the overall ruling removes the vast majority of the financial exposure in this case.

Court Ruling Details

Ruling Date
May 4, 2026
Court
United States District Court for the Eastern District of Virginia
Court Level
District
Judge
Michael S. Nachmanoff
Case Type
patent
Ruling Type
summary judgment
Outcome
WIN — ruling favors this company
Will It Be Appealed?
Possible
Appeal Timeline
1-2 years for Federal Circuit appeal
Precedent Risk
LOW

Actionable Insight

The ruling removes the vast majority of patent infringement risk from this case. With only the 303 patent remaining, the remaining exposure is materially smaller. Monitor for trial date on the 303 patent and any appeal by DivX on the summary judgment rulings.

Key Facts

  • Amazon granted summary judgment of non-infringement on the 141, 806, 938, and 943 patents
  • Summary judgment of no willful infringement granted on all asserted patents
  • Summary judgment of no foreign damages granted on 141, 938, 943 patents and claim 16 of the 303 patent
  • Only the 303 patent survives for trial on infringement
  • Court denied Amazon's motion on non-infringement of the 303 patent, finding genuine issues of fact
  • DivX's motion for clarification of claim construction was granted

Financial Impact

Unknown — no damages figure was awarded or disclosed in the ruling. The ruling eliminates the vast majority of the patent exposure in this case, with only one of seven originally asserted patents remaining.

legal_exposureroyalty_obligationsinjunction_risk

Risk Factors

  • DivX may appeal the summary judgment rulings to the Federal Circuit
  • The 303 patent still proceeds to trial on infringement
  • If DivX wins at trial on the 303 patent, damages could still be awarded, though likely much smaller than the full case

Market Snapshot

Price
$273.55
Change
+0.5%
Volume
41.5M
Exchange
Nasdaq
Sector
Retail-Catalog & Mail-Order Houses
Analyst Consensus
92% bullish (78 analysts)

Documents Analyzed

This report is based on 1 court opinion from CourtListener.

DocumentAccession Number
COURT-RULING Data (Synthetic)court-2pwmv98o-AMZN
36 reports for AMZN
Performance horizon
91% Hit rate 10 of 11 directional calls best @ T+20▲ +27.91%Apr 6, 2026
Filters
Rows
Reports for AMZN — sortable, filterable
Type Now
Jun 9, 2026
1d ago
Court Ruling
BEARISH ★ 6/10
$245.00 awaiting T+5awaiting T+5$245.22 (−0.09%)
Jun 8, 2026
1d ago
424B5
NEUTRAL ★ 3/10
$248.66 awaiting T+5awaiting T+5$245.22 (−1.38%)
May 31, 2026
9d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$220.09 $220.60▲ +0.23%▼ −0.90%$245.22 (+11.42%)
May 29, 2026
12d ago
Court Ruling
NEUTRAL ★ 1/10
$270.52 $250.02▼ −7.58%▼ −7.28%$245.22 (−9.35%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 2/10
$271.83 $249.99▼ −8.03%▼ −8.50%$245.22 (−9.79%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 2/10
$271.83 $249.99▼ −8.03%▼ −8.50%$245.22 (−9.79%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 2/10
$271.83 $249.99▼ −8.03%▼ −8.50%$245.22 (−9.79%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 2/10
$271.83 $249.99▼ −8.03%▼ −8.50%$245.22 (−9.79%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 2/10
$271.83 $249.99▼ −8.03%▼ −8.50%$245.22 (−9.79%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 3/10
$271.83 $249.99▼ −8.03%▼ −8.50%$245.22 (−9.79%)
Showing 10 of 36

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