The all-time high Amazon stock closing price was 232.93 on December 16, 2024.
Those gains translate to a 25.8% compound annual growth rate for Amazon compared to an 8.2% CAGR for the S&P 500 in that time. As a result, $10,000 in AMZN stock purchased 20 years ago would now be worth $983,555.
Did you know that a $1,000 investment in Amazon's IPO in 1997 would be worth $1.87 million today? That's a staggering return of over 186,900% 🚀 ✨ But it wasn't all smooth sailing. Investors had to endure a 95% drop during the dot-com bust, waiting until 2009 to recover.
NEW YORK - Amazon, the e-commerce giant that has changed how much of the world shops for books, toilet paper and TVs, hit a new milestone. Its stock topped $1,000 for the first time. That price puts Amazon's market value at $478 billion, double that of rival Wal-Mart and more than 15 times the size of Target.
Of the 47 analysts who recommended Amazon in June, 44 rated it a buy or a strong buy. Forecasters predict that Amazon will reach $200 per share a year from now and will continue to rise to $250 per share at the end of 2026. In 2027, the prediction is for a price of $300, and $250 by the end of 2028.
After several stock splits, an investment of $1,000 in Amazon's IPO back in 1997 would now be worth around $2.5 million (as of July 1; at a share price of $197.2). As this chart shows, the share price has risen year-on-year.
What does that look like on a brokerage statement? Check out the above chart and you'll see that if you invested $1,000 in Apple stock 20 years ago, it would today be worth more than $290,000. The same $1,000 invested in the S&P 500 would theoretically have turned into about $7,600 over the same period.
Analysts See 13% Upside For Amazon Stock
The 30-year-old Amazon is among the world's most valuable companies. It is a leader in e-commerce spending and in cloud computing through its Amazon Web Services business. It is also quickly growing its advertising business into a challenger to Google (GOOGL) and Meta (META).
He invested $10,000 from his personal savings to incorporate a company called Cadabra, Inc. Eventually, he changed the name to Amazon after one of his attorneys misheard the name as Cadaver. Then came his most risky investment. His parents invested $250,000, a significant portion of their savings.
If you had invested $1,000 in Apple stock on Jan. 24, 1984, today, you would have $1,593,809. Likewise, if you had invested $1,000 in an index fund replicating Nasdaq, you would have $55,090. A similar $1,000 investment in an index fund that replicates the S&P 500 would be worth $29,230.
This can come at a hefty price. Amazon, one of today's biggest multinational companies dominating the e-commerce industry, only turned its first profit nine years after being founded.
Amazon (AMZN) does not pay a dividend.
According to the latest TipRanks data, approximately 53.80% of Amazon (AMZN) stock is held by retail investors. Who owns the most shares of Amazon (AMZN)? BEZOS JEFFREY P owns the most shares of Amazon (AMZN).
Amazon (AMZN -0.22%) ended 2024 on a high note, up 44% in 52 weeks. But more importantly, it's coming into the year with all systems go to leverage its e-commerce platform to gain market share and harness the power of artificial intelligence (AI) to supercharge its cloud platform.
Amazon.com Inc. shows a Risk Score of 8.00.
With that, you could expect your $10,000 investment to grow to $34,000 in 20 years.
NASDAQ: AMZN
The e-commerce and cloud leader had a market cap of $821 billion, while the maker of iPhones, iPads, and Macs was worth $744 billion. But today, Amazon is worth $1.64 trillion, while Apple has a market cap of $2.98 trillion.
For our example, let's say you invest $10,000 in a 401(k) today and you aim to withdraw it in 20 years. While it's invested, you earn a 10% average annual return. After two decades, your $10,000 would be worth $67,275.
Cupertino, California Apple today announced a new $410 million award from its Advanced Manufacturing Fund for II-VI, a leading manufacturer of optical technology. Today's award builds on an initial $390 million awarded from Apple's Advanced Manufacturing Fund in 2017.
If you'd bought $10,000 worth of Amazon stock 10 years ago, today your investment would be worth more than $114,690. With that, Amazon proves it's made a great long-term holding.
Arguments for buying Amazon include its increasing earnings and strong growth prospects. No one knows for sure how Amazon stock will perform in 2025, but it should still be a great pick for long-term investors in the new year.
The Numbers on Apple Stock
Those gains translate to a 32.3% compound annual growth rate (CAGR) for Apple compared to an 8.3% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth more than $2.71 million today, assuming reinvested dividends.