Amazon Stock Forecast 2040, 2050: How High Can It Go?

With more than 1.5 million employees and a market cap of over $1 trillion, Amazon is the 5th largest company in the world. If the company continues to expand its diversified portfolio of products and services, it seems very likely that Amazon stock could fare well in the future. 

But how much higher can AMZN go exactly? With its push in the cloud computing space in full swing and a strong foothold in the online e-commerce space, many investors are wondering how much room for growth there is for Amazon. 

In this article, we’ll look into various growth scenarios for the e-commerce giant, and outline Amazon stock forecasts for 2040 and 2050. But first, here’s a quick look at how Amazon (AMZN) stock price could fare under different scenarios.

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Amazon stock forecast for 2040

Amazon stock’s average yearly return over the past 10 years has been roughly 22.5% – in the time period between 2013 and now, AMZN’s price increased from $13.3 to $129 per share. 

If we were to project its historical price performance onto future price movements using our profit calculator, the price of Amazon would increase to $4,977 by 2040. In other words, the price of Amazon would increase by 3,759%, while the company’s market capitalization would grow to over $50 trillion – and catapult Jeff Bezos among the world’s first multi-trillionaires in the meantime.

We can quickly deduce that such price growth is outside of the realm of possibility, as currently, the largest company by market cap, Apple, has a market cap of roughly $3 trillion.

What this means is that Amazon cannot be expected to follow the extremely bullish price growth from its past. Instead, we should look at some other market data that has withstood the test of time and offers a blend of conservative returns and sustainable growth for our Amazon stock price prediction.

For this reason, we decided to use the historical yearly average of the S&P 500 Index, which has appreciated at an 11.8% yearly rate in the last 66 years. 

Based on these parameters, we get a much more realistic-looking long-term forecast for the price of Amazon stock –  the price of AMZN would increase to $960 by 2040, gaining 644%.

While the S&P 500 does provide a useful measure of what can be expected of a large-cap company over a long period of time, it doesn’t necessarily account for the tech sector’s unique investment characteristics. Given Amazon’s push in digital streaming and artificial intelligence, the tech-focused NASDAQ-100-Technology Sector Index Fund (QTEC) is much better suited to predict the future growth of one of the most valuable brands in the world.

NASDAQ-100-Technology Sector Index Fund saw a 17.1% annual growth over the trailing 10-year period. If we apply QTEC’s historical growth to Amazon, the price of AMZN would increase by 1,614% to $2211 in 2040. That seems a bit far-fetched, as that would mean Amazon’s stock would be trading nearly 10 times above its July 2021 all-time high of $186 (accounting for the stock split).

Amazon stock forecast 2050

Let’s look at how AMZN could perform for those that are looking for an even longer time horizon for investing in Amazon stock. If we use the S&P 500 as the benchmark, Amazon stock would reach $2,930 and gain 2,171% by 2050.

If we use the tech sector-based QTEC instead, the price of Amazon shares would increase to a whopping $10,720, gaining over 8,200% in the process. It’s safe to assume that such a price level is impossible to reach under the current stock market dynamics, the value of fiat currencies, and general productivity levels.

But things could change considerably in the coming decades, so no one can know for sure what the future holds.

What’s next for AMZN? Amazon price prediction 2023-2024 

Our Amazon stock price prediction algorithm forecasts AMZN will advance to new-all time highs by the end of 2023.

In the short term, the price of Amazon could increase to $147 in the next month, and continue rallying for the remainder of the year. In fact the CoinCodex price prediction is currently forecasting that AMZN will reach a new all-time high of $255 in early January 2024.

While Amazon had a relatively rough 2022, which saw the company follow the broader tech sector trend and reduce its workforce by 10,000 employees, the US giant could be in a particularly good spot to expand in the future, especially when accounting for the growing use of cloud computing solutions. 

According to data from Synergy, Amazon’s AWS sits comfortably in the first spot in the cloud market, controlling roughly 33% market share. Meanwhile, Microsoft Azure and Google Cloud trail with 23% and 10%, respectively.

The bottom line: Predictions demonstrate Amazon could be a good long-term investment

Amazon’s nearly 25% historical yearly growth rate averaged over the last 20 years should serve as a good indication for the future. While the company probably won’t manage to sustain its historical rate of growth for much longer, Amazon still has a lot of potential. 

If you want to read more about long-term stock price forecasts, check how much higher could Tesla reach by 2040 and 2050.

If you are instead interested in cryptocurrency forecasts, feel free to check our long-term prediction for Bitcoin, Cardano, Ethereum, and Solana.