Amazon Stock Forecast for 2040 & 2050: Where Is AMZN Going?

Cryptocurrency News By David BoldMarch 25, 2024 No CommentsAmazon has been in the market since 1997 when it started off as an online bookstore for books. Since then, Amazon has expanded to become an all-purpose e-commerce platform and has also made a huge splash in the cloud computing sector with its Amazon Web Services division. The company is also active in artificial intelligence, online advertising, cloud computing, video streaming, and many other sectors.Amazon’s growth has propelled its founder, Jeff Bezos, to become one of the wealthiest people in the world, with an estimated net worth of $202 billion as of March 2024.We will be focusing our attention on the future and explore Amazon stock forecasts for 2040 and 2050 using the historical growth rates of major market indices as benchmarks.Before we continue, let’s quickly see what the price of Amazon stock would look like under various scenarios.2025203020402050AMZN stock forecast (5% annual growth rate)$188$252$410$668AMZN stock...