Amazon aims for $3 trillion market cap by 2026 with strong earnings and AI growth
fool.com —
Amazon's market capitalization is currently $2.4 trillion, and it is predicted to join the $3 trillion club by 2026. This follows strong earnings growth and advancements in artificial intelligence, particularly through its Amazon Web Services (AWS) platform. AWS has become a key profit driver for Amazon, generating $107.5 billion in revenue in 2024. The company is also improving efficiency in its e-commerce operations by using AI to enhance logistics and customer experience. Amazon's earnings per share reached a record $5.53 in 2024, a 90% increase from the previous year. Analysts forecast that if Amazon meets expectations, its stock could rise significantly, potentially pushing its market cap above $3 trillion.