AWS Drives Amazon's Growth to Potential $6.5 Trillion Market Cap
Amazon's market cap could reach $6.5 trillion by 2030, making its stock potentially worth a significant return on investment.
The company's cloud computing wing, Amazon Web Services (AWS), is expected to drive growth and become an increasingly larger share of Amazon's total revenue and operating profits.
Conservative estimates suggest AWS will reach $483 billion in revenue by 2030, with operating profits of $190 billion.
This could lead to a market cap of $6.5 trillion, making Amazon's stock potentially worth over $600 per share by the end of the decade.