Here’s how Amazon’s stock could nearly double by the end of next year, according to Morgan Stanley
Amazon's stock could reach $500 by the end of 2027, driven by the growth of its cloud computing segment, Amazon Web Services (AWS). Morgan Stanley predicts AWS revenue could reach $1 trillion in 8 to 10 years. The stock currently trades at around $268, with a Wall Street consensus price target of $313. Analysts from Morgan Stanley and Truist have expressed optimism about Amazon's prospects.
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- ✓ Amazon's stock could reach $500 by the end of 2027
- ✓ AWS revenue could reach $1 trillion in 8 to 10 years
- ✓ Wall Street's consensus price target for Amazon is $313
- ✓ Truist has a price target of $320 for Amazon
What changed
Morgan Stanley's prediction that AWS revenue could reach $1 trillion in 8 to 10 years has reinforced the firm's optimistic outlook on Amazon's stock.
Live updates
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Amazon stock may nearly double by end of 2027, says Morgan Stanley
Amazon's stock could reach $500 by the end of 2027, driven by the growth of its cloud computing segment, Amazon Web Services (AWS). Morgan Stanley predicts AWS revenue could reach $1 trillion in 8 to 10 years. The stock currently trades at around $268, with a Wall Street consensus price target of $313. Analysts from Morgan Stanley and Truist have expressed optimism about Amazon's prospects.
Why it matters
The prediction comes as Amazon continues to expand its presence in the cloud computing market. AWS has been a key growth driver for the company, and its increasing revenue is expected to contribute significantly to Amazon's stock performance. The cloud computing market is highly competitive, with major players like Microsoft and Google.
What is confirmed
- Amazon's stock could reach $500 by the end of 2027
- AWS revenue could reach $1 trillion in 8 to 10 years
- Wall Street's consensus price target for Amazon is $313
- Truist has a price target of $320 for Amazon
Still unconfirmed
- Smart money is leaning short at $268
What to watch next
- Amazon's quarterly earnings report
- AWS revenue growth
- Changes in Wall Street price targets
confidence 85%Sources used for this update (6)
- MarketWatch — Here’s how Amazon’s stock could nearly double by the end of next year, according to Morgan Stanley
- Moomoo — Morgan Stanley: Amazon AWS's Path to $1 Trillion in Revenue
- Barron's — Amazon’s Stock Could Hit $500 by End of 2027. Why AWS Revenue Is the Key.
- blockchain.news — AMZN Price Prediction: Smart Money Is Leaning Short at $268, But Wall Street's $313 Consensus Hasn't Flinched
- dars.gov.et — Truist Boosts Amazon Price Target to $320, Reaffirms Buy Rating - Revenue Surprise History
- Yahoo Finance — AMZN Stock’s Road To $500 Could Be Led By AWS, Believes Morgan Stanley – Firm Sees AWS Revenue Reaching $1 Trillion In 8 To 10 Years
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