What Are The Annual Revenue Expectations for Amazon Stock?

What Are The Annual Revenue Expectations for Amazon Stock? Amazon.com, Inc. (AMZN) is expected to generate annual revenues of $280 billion in 2020, according to analysts polled by Thomson Reuters. This would represent year-over-year growth of 26.5%.

The company’s quarterly revenue has grown at an accelerating pace in recent years, hitting $51.04 billion in the second quarter of 2018, up 42% from the same period a year earlier.

This rapid growth is being driven by strong demand for Amazon’s core e-commerce business as well as its rapidly expanding cloud computing business, Amazon Web Services (AWS). AWS generated $6.1 billion in revenue in the second quarter, up 49% from a year earlier.

Looking ahead, Amazon is expected to continue benefiting from strong growth in both its e-commerce and cloud businesses. This should enable the company to achieve annual revenue of $280 billion by 2020.

Amazon’s stock is up more than 80% over the past year, making it one of the best-performing stocks in the market. The shares are currently trading at around $1,800, valuing the company at over $900 billion.

Is Amazon The Most Valuable Company In The World?

Yes, Amazon is currently the most valuable company in the world with a market capitalization of over $900 billion. The company has seen its stock price surge in recent years as investors have bet on its continued growth.

Amazon’s strong quarterly results have also helped to drive its stock higher. The company reported second-quarter revenue of $51.04 billion, up 42% from the same period a year earlier. This was driven by strong growth in both its e-commerce and cloud businesses.

Looking ahead, Amazon is expected to continue benefiting from strong growth in both its e-commerce and cloud businesses. This should enable the company to achieve annual revenue of $280 billion by 2020 and maintain its position as the most valuable company