In this article we will provide complete information about Amazon.com Inc. (NASDAQ: AMZN) along with the stock price target 2023 to 2050.
Amazon Stock price is expected to reach a maximum value of $203.25 in the year 2023.
What Is Amazon.com Inc?
Today Amazon has become a very big brand company and you will also be well acquainted with this. You must have ordered some stuff from this big eCommerce company at some point or the other.
You must know that this is one of the most famous and expensive brands in the world. You should know that the company was founded by Jeff Bezos in 1994 as an eBook marketplace.
Which later developed into a major technology conglomerate. This business focuses on digital streaming, cloud computing and artificial intelligence.
The company’s share have risen recently, following the release of earnings for the fourth quarter of 2018 and 2021.
If we look at the business of the last quarter of the year 2021 alone, then only in the last quarter of the year 2021, recorded net sales of $ 137.4 billion.
After this the company increased its business with products like Web Services, Prime Video, Music, Studio, Zoox, Kuiper System, Labs 126.
And along with this, they expanded its business to sell many products by collaborating with more subsidiaries.
It expanded to include products and services such as live streaming through IMDb, Ring, Twitch, and Whole Foods Market.
In the year 2017 they felt that the company should also invest in retail business, so that the company should make more profit.
So for this, the company invested $ 13.4 billion to increase its retail business, which includes the acquisition of Whole Foods. In this, its largest competitor became the Walmart company.
So it expanded its business so much that it later overtook Walmart and thus they became the world’s largest retailer in the year 2021 itself.
And thus Jeff Bezos who is the CEO of Amazon, in May 2022, became the second richest person in the world with a net worth of around $150 billion.
Amazon Stock Price Forecast 2023
As per our marketing team technical analysis, AMZN stock price forecast may reach $180.50 as its first target and can go up to $203.25 as a second target.
Amazon Stock Price Forecast 2024
Amzn stock price prediction is likely to remain in the range of $217.75 to $234.00 in the year 2024 end.
Amazon Stock Price Forecast 2025
The stock price of AMZN reach between $277.50 to $320.75 in the year 2025 end.
Amazon Stock Price Forecast 2030
The stock is likely to remain in the range of $940 to $1,060 in the year 2030 end which will be expected the better performance in the upcoming year.
Amazon Stock Price Forecast 2040
You must know that this is one of the most famous and expensive brands in the world and for our analysis and marketing experts says that the stock price will go high in the upcoming year and the price range between $5,750 to $6,675 in the year 2040.
Amazon Stock Price Forecast 2050
We expect the stock performed very well in the future thus the mentioned stock will be likely to remain in the range of $7,911.75 to $9,120.25 in the year 2050
