Amazon's stock is projected to rise about 175% to $700 by 2030, based on a 25-year upward trend channel since 2001. The company’s strong cloud computing segment, Amazon Web Services, reported significant revenue and profit growth in Q2 2026, supporting this bullish outlook. However, risks include a potential correction in 2027 and recent negative free cash flow due to heavy AI infrastructure investments. Investors await Amazon's earnings report on October 29 for updates on growth and spending trends that could impact near-term stock performance.
Amazon's stock is trading at USD 253.39 on Pluang as of Oct 28, 2026 19:11 WIB, which is closer to its 52-week low of USD 198.79 than its high of USD 284.02. Despite the article's bullish outlook for a 175% rally by 2030, the current price shows a modest 1-day gain of 0.11%. Pluang investors currently favor buying Amazon shares, with 77% of order activity on the platform leaning that way.
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