What is Amazon stock price prediction for 2028? (2024)

What is Amazon stock price prediction for 2028?

In 2030, the Amazon stock will reach $ 793.03 if it maintains its current 10-year average growth rate. If this Amazon stock prediction for 2030 materializes, AMZN stock willgrow 349.17% from its current price.

How much will Amazon stock be worth in 2030?

In 2030, the Amazon stock will reach $ 793.03 if it maintains its current 10-year average growth rate. If this Amazon stock prediction for 2030 materializes, AMZN stock willgrow 349.17% from its current price.

What is Amazon price target in 2028?

Still, we can use Amazon stock's present valuation to at least figure out a plausible target price. Trading at around 50 times forward-looking earnings and a little less than 3 times its trailing-12-month sales, Amazon shares could be in the ballpark of $400 apiece in 2028.

Will Amazon stock go up to $1,000?

Future Outlook for Amazon Stock

It took seven and a half years for Amazon to reach $1,000 from $100 and it's very possible that it could hit $10,000 between 2023 and 2025. Amazon's potential to grow could continue over time.

How much is AWS projected to grow in the next 5 years?

AWS' earnings are still only scratching the surface of their eventual potential, though. Mordor Intelligence believes the global cloud computing market will swell from just under $700 billion this year to more than $1.4 trillion in 2029. That's an annualized growth rate of over 16%.

Where will Amazon stock be in 10 years?

According to the latest long-term forecast, Amazon price will hit $200 by the middle of 2024 and then $250 by the middle of 2025. Amazon will rise to $300 within the year of 2026, $350 in 2027, $400 in 2028, $500 in 2029, $600 in 2032 and $700 in 2035.

What will Amazon be worth in 2040?

Amazon price prediction key takeaways:

The historical average return for Amazon since 2013 is approximately 26%, but projecting this growth forward would result in an unrealistic stock price of $8,363 and a market cap exceeding $93 trillion by 2040.

What is Amazon stock projection for 2026?

Amazon Stock Price Prediction 2026: Anticipated to fluctuate between $234 and $313, averaging at $273. Amazon Stock Price Prediction 2030: Projected to range from $572 to $763, with an average of $668.

How high can Amazon stock go?

Based on 41 Wall Street analysts offering 12 month price targets for Amazon in the last 3 months. The average price target is $208.48 with a high forecast of $230.00 and a low forecast of $175.00. The average price target represents a 16.63% change from the last price of $178.75.

Is Amazon a good long-term investment?

AMZN is a Zacks Rank #1 (Strong Buy) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 39% year-over-year for the current fiscal year, with sales growth of 11.5%. 15 analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024.

Is Amazon a buy sell or hold?

Amazon is holding a Zacks Rank of #2 (Buy) right now. Looking at valuation, Amazon is presently trading at a Forward P/E ratio of 42.97. For comparison, its industry has an average Forward P/E of 20.78, which means Amazon is trading at a premium to the group. We can also see that AMZN currently has a PEG ratio of 1.53.

Can Google stock reach $10 000?

Alphabet - Class A stock would need to gain 7,163.75% to reach $10,000. According to our Alphabet - Class A stock forecast, the price of Alphabet - Class A stock will not reach $10,000. The highest expected price our algorithm estimates is $ 187.41 by Jan 1, 2025.

Are Amazon shares worth buying?

Wall Street analysts expect Amazon to reach a new high. Of the 61 Amazon stock analysts following the company, 95% hold a buy rating, according to FactSet. Further, FactSet data shows those analysts have, on average, set a 12-month price target of 208 for Amazon stock, according to FactSet.

Will Amazon stock rise in 2024?

Amazon's continuing dominance in e-commerce and cloud computing, coupled with its growing importance in digital advertising and generative AI, will fuel solid financial results, driving additional stock price gains in 2024, pushing its market cap above $2 trillion.

Will Amazon grow in the future?

Analyst Future Growth Forecasts

High Growth Earnings: AMZN's earnings are expected to grow significantly over the next 3 years. Revenue vs Market: AMZN's revenue (9.9% per year) is forecast to grow faster than the US market (8.1% per year).

What will Amazon market cap be in 5 years?

Amazon Could Hit $3 Trillion in 5 Years

In this projection, the market expects Amazon to reach an EBITDA of $205 billion by the end of 2028. Amazon's current enterprise value (EV) to EBITDA ratio stands at 19x.

What will Tesla stock be worth in 2040?

The S&P 500 index had an average annual return of 11.8% between 1957 and 2021. If Tesla stock were to grow at this average rate until 2040, TSLA stock would be worth $1,541 in 2040. This would be more than 4x the stock's current all-time high price of $407.

Can Amazon hit $200?

The Amazon stock price prediction expects steady growth with upside around 25% going forward. The price target for this year alone is sitting around $200. By the end of 2023, projections are closer to $500 due to expectations following the current downturn.

Is Amazon a long term growth stock?

AMZN has a Growth Style Score of A, forecasting year-over-year earnings growth of 39% for the current fiscal year. 15 analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.43 to $4.03 per share.

What will Tesla be worth in 2050?

When it comes to the Tesla stock price forecast for 2050, Tesla stock would be trading at $3,360 in 2050 if it were to grow at the same 11.1% average rate as the S&P 500. If TSLA were to grow at the same rate as the Nasdaq 100's 15.2% average annual return, it would be worth $8,873 by 2050.

What will Amazon stock be worth in 2050?

Amazon Stock Forecast for 2040 & 2050: Where Is AMZN Going?
20242050
AMZN stock forecast (S&P 500 avg. annualized return of 10.15%)$138.6$1,886
AMZN stock forecast (NASDAQ 100 avg. annualized return of 17.2%)$147$10,715
Sep 29, 2023

What will Tesla stock be worth in 2030?

He forecasts Tesla stock to gain about 550% to hit $1,200 a share by 2030, and for SpaceX to triple in valuation over the same period, according to a recent interview conducted by Bloomberg. Baron runs the Baron Focused Growth Fund, which counted Tesla and SpaceX as its largest holdings as of December 31, 2023.

What will Apple stock be worth in 2030?

Long-Term Apple Stock Price Predictions
YearPredictionChange
2027$ 356.46107.78%
2028$ 454.86165.13%
2029$ 580.42238.32%
2030$ 740.64331.71%
2 more rows

What is the Apple stock forecast for 2030?

Apple stock price stood at $173.23

According to the latest long-term forecast, Apple price will hit $200 by the middle of 2025 and then $250 by the end of 2026. Apple will rise to $300 within the year of 2028, $350 in 2029, $400 in 2030, $450 in 2032 and $500 in 2034.

Does Amazon pay a dividend?

Does Amazon Pay a Dividend? Amazon does not pay dividends as it prioritizes expansion efforts over distributing profits to shareholders. While some other tech companies like Apple, Microsoft and Cisco do offer dividends, Amazon's focus on growth suggests that dividends may not be on the horizon in the near future.

You might also like
Popular posts
Latest Posts
Article information

Author: Jeremiah Abshire

Last Updated: 29/05/2024

Views: 5795

Rating: 4.3 / 5 (74 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Jeremiah Abshire

Birthday: 1993-09-14

Address: Apt. 425 92748 Jannie Centers, Port Nikitaville, VT 82110

Phone: +8096210939894

Job: Lead Healthcare Manager

Hobby: Watching movies, Watching movies, Knapping, LARPing, Coffee roasting, Lacemaking, Gaming

Introduction: My name is Jeremiah Abshire, I am a outstanding, kind, clever, hilarious, curious, hilarious, outstanding person who loves writing and wants to share my knowledge and understanding with you.