Prediction: Owning 100 Shares of Amazon Stock Will Turn $25,000 Into $50,000 by 2030
Here's why Amazon shares could realistically double in four years.
Overview
Amazon (NASDAQ: AMZN) stock has a real shot at doubling over the next four years. Analysts are projecting about 20% annual earnings growth, while the stock trades at 20 times forward earnings.
Using Amazon's recent share price of $251.35 on Sept. 9, 2026, 100 shares would cost $25,135. Four years of 20% earnings growth would roughly double earnings. If the stock is still trading at 20 times earnings in four years, which is a reasonable valuation, the stock could double too, turning that stake into about $50,000.
Details
What analysts seem to be counting on is double-digit revenue growth with higher margins driving faster earnings growth. This is definitely in the cards, given management's recent comments and the sources of revenue growth.
Source
Originally published at www.fool.com.