Amazon Expects AWS Annual Revenue to Hit $600 Billion in 10 Years. The Stock Looks Like a Dirt Cheap Buy
https://www.aol.com/finance/amazon-expects-aws-annual-revenue-162000020.html
Publish Date: 2026-03-27 18:29:00
Source Domain: www.aol.com
- Amazon Web Services (AWS) has rapidly become a key driver of growth for Amazon, attributed largely to the surging demand due to artificial intelligence (AI).
- CEO Andy Jassy has recently revised his forecast for AWS, anticipating it could generate up to $600 billion in annual revenue by 2036, significantly upward from the previous estimate of $300 billion.
- Amazon’s extensive use of AI spans across its warehouses utilizing robotics and its online marketplace applying advanced technologies to enhance customer experience.
- The company’s continued heavy investment in AI-related ventures, including custom chips and robotaxis, signals a robust growth strategy for future expansion.
- Based on its strong financials, Amazon’s stock is considered an attractive buy, trading at a lower price-to-earnings multiple compared to its historical premium.
- While Amazon is a strong candidate for long-term investors, some analysts suggest considering alternative stocks that may offer greater potential for substantial future returns.
