Amazon (NASDAQ: AMZN) has seen its shares increase by 11,270% over the past two decades, turning a $10,000 investment into over $1.1 million as of June 3. Currently, the stock trades about 15% below its peak from early February 2023.
Amazon reported 220 million Prime subscribers globally, contributing to stable revenues. In Q1, its digital advertising revenue reached $13.9 billion, marking a 19% year-over-year increase. Amazon Web Services (AWS) generated $112 billion in revenue over the last year, with a 17% growth in Q1 and an operating income of $11.5 billion, yielding a 39.5% operating margin.
Forecasters project a 62% rise in earnings per share from 2024 to 2027, despite the stock’s current forward price-to-earnings ratio of 33.3, suggesting potential upside for investments.
