COURT-RULING ·Filed May 4, 2026

AMZN

Amazon.Com
BULLISH
Impact 7/10
Horizonweeks Processed5mo ago CourtView Ruling on CourtListener
Court ruling (district)
Actionable Insight ▲ Bullish

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.

DirectionBullish
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d
AMZN ▼ -16.68% at T+60d
LONG call ✗ call lost -16.68% · α vs SPY -18.27% · entry $272.02 → $226.65
Entry anchored
May 1, 04:58 PM ET
via exchange tick
T+1d
+0.56%
call +0.56% · α -0.24%
$273.53
settled 6mo ago
T+5d
-1.17%
call -1.17% · α -4.10%
$268.85
settled 5mo ago
T+20d
-3.95%
call -3.95% · α -9.60%
$261.26
settled 5mo ago
T+60d
-16.68%
call -16.68% · α -18.27%
$226.65
settled 3mo ago

Price Chart

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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

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)

Investment Themes

Artificial IntelligenceCloud & SaaSE-commerce & Platforms

Documents Analyzed

This report is based on 1 court opinion from CourtListener.

DocumentAccession Number
COURT-RULING Data (Synthetic)court-2pwmv98o-AMZN
134 reports for AMZN
Performance horizon
90% Hit rate 18 of 20 directional calls best @ T+20▲ +27.91%Apr 6, 2026
Filters
Rows
Reports for AMZN — sortable, filterable
TypeNow
Sep 14, 2026
5w ago
Court Ruling
NEUTRAL ★ 1/10
$253.54 $259.53▲ +2.36%▲ +0.10%$250.00 (−1.40%)
Sep 14, 2026
5w ago
8-K
NEUTRAL ★ 3/10
$253.54 $259.53▲ +2.36%▲ +0.10%$250.00 (−1.40%)
Sep 11, 2026
5w ago
424B5
NEUTRAL ★ 3/10
$253.54 $259.53▲ +2.36%▲ +0.10%$250.00 (−1.40%)
Sep 11, 2026
5w ago
Court Ruling
NEUTRAL ★ 1/10
$256.78 $262.43▲ +2.20%▲ +0.33%$250.00 (−2.64%)
Sep 11, 2026
5w ago
Court Ruling
BULLISH ★ 4/10
$256.78 $262.43▲ +2.20%▲ +0.33%$250.00 (−2.64%)
Sep 9, 2026
5w ago
424B5
NEUTRAL ★ 3/10
$252.40 $259.92▲ +2.98%▲ +1.04%$250.00 (−0.95%)
Sep 9, 2026
5w ago
8-K / 3
NEUTRAL ★ 2/10
$252.40 $259.92▲ +2.98%▲ +1.04%$250.00 (−0.95%)
Sep 8, 2026
5w ago
Court Ruling
NEUTRAL ★ 2/10
$256.97 $256.29▼ −0.26%▼ −1.98%$250.00 (−2.71%)
Sep 8, 2026
5w ago
Court Ruling
NEUTRAL ★ 2/10
$256.97 $256.29▼ −0.26%▼ −1.98%$250.00 (−2.71%)
Sep 2, 2026
6w ago
Court Ruling
NEUTRAL ★ 2/10
$254.98 $249.15▼ −2.29%▼ −1.96%$250.00 (−1.95%)
Showing 10 of 134

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