Skip to content

We asked ChatGPT what will be Amazon (AMZN) stock price in 2030

We asked ChatGPT what will be Amazon (AMZN) stock price in 2030
Jordan Major

Amazon (NASDAQ: AMZN) is a leader in the e-commerce industry, and its stock price is influenced by a variety of factors, including the growth of online retail, competition, global economic conditions, and regulatory concerns.

Investors are increasingly looking to alternative methods, such as artificial intelligence (AI), to assist them in better predicting the price of Amazon shares. This is due to the multiple variables that may affect the price of a company. 

As a result, Finbold sent the question to the AI tool ChatGPT, asking it to propose a likely pricing range for AMZN stock by 2030, taking into account the demand for goods, its Amazon Web Services (AWS), and overall market circumstances. ChatGPT stated:

“In recent years, Amazon has experienced significant growth, driven by the continued shift towards online shopping and the success of its cloud computing and advertising businesses. Additionally, Amazon has expanded into new markets, such as healthcare and grocery, which could provide further growth opportunities in the future.”

Given Amazon’s forays into untapped industries like healthcare and grocery, where it stands to benefit from potential future development. When paired with Amazon Web Services (AWS), which controls 33% of the market for cloud infrastructure service providers it provides strong growth potential down the road, as per Finbold data.

AMZN stock price prediction

While the AI chat tool is useful it is also important to take other metrics into consideration, such as deep learning algorithms and stock market analysts, when trying to gauge a future price range.

Finbold gathered projections made by CoinPriceForecast, the finance prediction platform that uses machine self-learning technology, to predict Amazon’s stock price for the end of 2030 to compare alongside ChatGPT’s estimate.

According to the latest long-term forecast, retrieved by Finbold on February 27, Amazon’s price will climb above $320 in 2030 and hit $327 by the end of the year marking a 250% increase from today to the year’s end.

2030 AMZN price prediction: Source: CoinPriceForecast

In a shorter term time frame, analysts on Wall Street have given Amazon a consensus ‘strong buy’ rating from 54 analysts. Notably, 41 have suggested a ‘strong buy’ and 8 a ‘buy.’ The remaining 5 analysts were with ‘hold’ at 4 and ‘strong sell’ with only 1.

Based on analyst stock evaluations for AMZN over the last three months, the average price forecast for the next year is $132.51; the target indicates a 41.72% upside from its current price. Interestingly, the highest price target over the next year is $150, +60.43% from its current price of $93.50.

Wall Street AMZN end-of-year price prediction: Source: TradingView

However, despite the bullish outlook, Amazon also faces challenges, including increasing competition, regulatory scrutiny, and concerns around employee working conditions and unionization. It is important to note that the ranges mentioned above are highly speculative and subject to many variables and market conditions.

Buy stocks now with Interactive Brokers – the most advanced investment platform


Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.