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Amazon Forecasted to Reach $2.6 Trillion Valuation by 2030
29 Oct
Summary
- Amazon's Q2 2025 earnings beat expectations, but Q3 2025 guidance disappoints
- Bezos sells $665.8M in Amazon shares as part of planned 25M share sale by 2026
- Amazon plans to launch AI model 'Nova' to compete with ChatGPT in June 2025
As of October 30th, 2025, Amazon's financial performance has been a mixed bag. In Q2 2025, the company beat earnings and revenue expectations, with EPS of $1.68 versus $1.33 expected and revenue of $167.7 billion versus $162.09 billion expected. However, the company's Q3 2025 guidance was weaker than Wall Street's forecast, with operating income expected between $15.5 billion and $20.5 billion, compared to analysts' expectations of $19.48 billion.
Amidst this, Amazon's founder Jeff Bezos has been actively selling his shares in the company. Last month, it was reported that Bezos sold nearly 3 million shares worth $665.8 million. This is part of a plan announced earlier this year that will see Bezos unload up to 25 million shares through May 2026.
Looking ahead, Amazon is making strategic moves to stay competitive. The company plans to launch a proprietary AI model named 'Nova' in June 2025, which is intended to provide a price-efficient option over competitors like ChatGPT, Anthropic's Claude 3.7 Sonnet, and Google's Gemini 2.0 Flash Thinking. Additionally, the company's cloud computing unit, Amazon Web Services, is expected to continue its strong growth, potentially breaking the $100 billion in total sales this year.
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Despite the recent challenges, analysts remain bullish on Amazon's long-term prospects. According to 24/7 Wall St.'s analysis, the company's stock could reach a valuation of $2.6 trillion by 2030, representing a potential upside of 128.76% from current levels.
