Prediction that Amazon and Alphabet will surpass Apple in value by 2030

From Nasdaq: 2025-06-26 05:30:00

Apple (NASDAQ: AAPL) has been surpassed by Microsoft and Nvidia in market cap, losing its top position. Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG, GOOGL) are predicted to surpass Apple by 2030 due to their superior growth. Amazon’s AWS division and Alphabet’s net income growth are key factors in this projection.

Apple’s stock is overvalued, showing minimal growth despite being highly priced. If its valuation were to decline to a market-average multiple, it would drop by nearly 20%. Amazon’s strong operating profit growth, led by AWS, and Alphabet’s rising net income make them strong contenders to surpass Apple by 2030.

Amazon’s operating profit growth, fueled by its AWS division, is outpacing its revenue growth, making it a strong investment option. On the other hand, Alphabet’s net income has already exceeded Apple’s, indicating its potential for growth and surpassing Apple’s valuation. Both companies are positioned to overtake Apple by 2030.



Read more at Nasdaq: Prediction: 2 Stocks That Will Be Worth More Than Apple by 2030