Amazon stock trades at a 34 P/E ratio, down from over 100 in July 2023. That also is lower than Walmart, Costco, and its biggest rival in the cloud space, Microsoft.

Amazon doubles this year’s Prime Day event to 96 hours in a “beast mode” expansion. BofA analyst Justin Post estimates 2025's Prime Day could generate $21.4 billion in GMV. Get special ...

We have crunched the numbers and here is our best estimates about Amazon’s share price through the rest of the decade.