Amazon (NASDAQ: AMZN) has seen a 910% return over the last decade, turning a $50,000 investment into over $500,000. Currently, 97% of 71 Wall Street analysts recommend buying the stock, with a median 12-month target price of $240, suggesting a 9% upside from its current price of $220.
Amazon holds strong positions in three growing markets: e-commerce, digital advertising, and cloud computing. E-commerce sales are expected to grow at 11% annually, ad tech spending at 14% annually, and cloud sales at 20.4% annually through 2030. However, it would require a 1,900% return for Amazon to turn $50,000 into $1 million in the next decade.
Despite concerns over future earnings forecasts due to tariffs, analyst consensus suggests adjusted earnings may grow at 10% annually through 2026. While some analysts advise caution, Amazon’s continuous expansions and advancements in AI could support its long-term investment potential.
