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Prediction: Amazon Will Join Apple in the $4 Trillion Club Before 2030

The Motley Fool·
Prediction: Amazon Will Join Apple in the $4 Trillion Club Before 2030

Amazon is positioned to reach a $4 trillion market capitalization before 2030, driven by projected revenue growth to $1.1 trillion by 2028 (15% CAGR), expansion in e-commerce, thriving digital advertising (26% YoY growth), and AWS growth (37% YoY) with a $496 billion backlog. The stock trades at a reasonable 22.4 P/E ratio, suggesting limited downside risk.

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