Amazon's Stock Forecast: Potential 61% Upside by 2030 Driven by AWS Growth

Amazon's stock is projected to reach approximately $338 by 2030, up from its current value of around $205, indicating a potential upside of about 61%. According to NS3.AI, this optimistic outlook is largely attributed to the anticipated growth of Amazon Web Services (AWS). AWS is expected to generate $128.7 billion in cloud revenue by 2025, with Amazon planning approximately $200 billion in capital expenditure for cloud and AI infrastructure. This investment is seen as a key driver for the company's future growth and stock performance.