Amazon’s stock has outperformed the S&P 500 by 170% over the past three years. Its e-commerce and cloud businesses continue to grow. With a P/E ratio of 29, Amazon appears undervalued. The company’s revenue primarily comes from e-commerce and AWS, which dominates the global cloud infrastructure market. In 2022, Amazon faced challenges, but its net sales, margins, and EPS have rebounded in recent years.
Analysts predict Amazon’s revenue and EPS will grow at a CAGR of 12% and 20%, respectively, from 2024 to 2027. If EPS grows at a CAGR of 15% through 2029, the stock could rise by over 60%. Despite competition, Amazon’s scale, AWS, and advertising segments support its long-term growth potential. The Motley Fool identifies Amazon as one of the best growth stocks to buy for 2026 and beyond.
Read more at Yahoo Finance: Where Will Amazon (AMZN) Stock Be in 3 Years?
