Amazon.com Inc. has experienced significant growth since its IPO, with an increase in stock price of nearly 297,800% since 1997. From 2014 to 2024, shares surged over 1,025%, fueled by COVID-19 pandemic demand. Revenue skyrocketed from $89 billion to $638 billion over the decade. As a leading company in e-commerce, predictions for its share price in 2030 vary across bullish, bearish, and baseline cases, considering multiple economic and market factors. Investors remain focused on future performance amidst macroeconomic and industry trends.
Amazon's stock has gained nearly 297,800% since its IPO in May 1997, becoming a cornerstone of e-commerce and a major part of the Magnificent 7.
From 2014 to 2024, shares of Amazon surged by more than 1,025%, significantly rising during the COVID-19 pandemic due to increased demand for online services.
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