Amazon stock has grown 910% in the last decade, but turning $50,000 into $1 million is unlikely.

From Nasdaq: 2025-07-03 04:02:00

Amazon (NASDAQ: AMZN) stock has seen a 910% return in the last decade, turning $50,000 into over $500,000. Wall Street analysts are bullish, with a 97% buy rating and a median target price of $240 per share, implying 9% upside from the current $220 share price. Can it turn $50,000 into $1 million in the next 10 years?

Amazon dominates e-commerce, digital advertising, and cloud computing markets, leveraging artificial intelligence (AI) for growth. With over 1,000 generative AI tools, Amazon improves retail efficiency, ad targeting, and cloud services. By 2030, retail e-commerce, ad tech, and cloud computing are projected to grow annually by 11%, 14%, and 20.4%, respectively.

Despite impressive growth, Amazon stock is unlikely to turn $50,000 into $1 million in the next decade, needing a 1,900% return. Only five S&P 500 companies achieved 20-fold returns in the past 10 years. Amazon’s current $2.3 trillion valuation suggests a $46 trillion valuation in 10 years, which seems unlikely.

While some analysts forecast a 10% annual earnings increase through 2026, Amazon consistently exceeds expectations. With strengths in growing markets and innovation, like testing humanoid robots for delivery, Amazon remains a smart long-term investment despite a seemingly high valuation. Will you invest $1,000 in Amazon now?



Read more at Nasdaq: If You Buy Amazon Stock With $50,000 Today, Will You Be a Millionaire in a Decade?