Amazon.com Inc. (NASDAQ: AMZN), a key player in e-commerce since its IPO in 1997 at just seven cents per share, has seen its stock skyrocket over 274,100%. Currently listed among the 'Magnificent 7', it is the fourth-largest company by market capitalization. Looking ahead, analysts are making predictions about Amazon's stock performance by 2030, considering macroeconomic conditions, growth metrics, and various market factors. The stock has surged impressively by over 1,025% from 2014 to 2024, particularly during the COVID-19 pandemic, which transformed Amazon's role in the global market.
Amazon has become a mainstay in the Magnificent 7 and now commands the fourth-largest market cap of any publicly traded company.
Shares of Amazon surged by more than 1,025% from 2014 to 2024, underlining its dominance especially during the COVID-19 pandemic.
24/7 Wall St. is making bullish, bearish, and baseline cases for where Amazon's share price could be in 2030, factoring in various economic indicators.
Amazon's remarkable journey since its IPO includes a staggering gain of over 274,100%, highlighting its transformation into a pivotal force in e-commerce.
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