If you invested $1,000 in Amazon in 1997, here's how much you'd have now (2024)

FAQs

What if you invested $1000 in Amazon in 1997? ›

Factoring in the numerous stock splits over the years, those 55.56 shares would grow to 13,334.4 shares in 2024. Multiplied by the May 6, 2024, share price of ~$187 and that $1,000 investment in 1997 would now be worth $2,493,532.80.

If you had invested $1,000 in Apple stock on Feb. 4, 1997, today, you would have $1,343,269. Likewise, if you had invested $1,000 in an index fund replicating Nasdaq, you would have $11,038. A similar $1,000 investment in an index fund that replicates the S&P 500 would be worth $6,140.

What Happened: Amazon went public on May 15, 1997 with an initial price offering. The company offered shares at a price point of $18 and a company valuation of around $300 million.

Those gains translate to a 23.2% compound annual growth rate for Amazon compared to a 6.2% CAGR for the S&P 500 in that time. As a result, $10,000 in AMZN stock purchased 20 years ago would now be worth $645,262. A $10,000 investment in the S&P over the same period, however, would amount to $33,452.

Analysts at Coin Price Forecast do offer a 2034 projection for Amazon stock, estimating a 10-year price increase of 276%, to $672 per share.

These three are gigantic trillion-dollar companies today, but they weren't always that large. Apple debuted on the public markets in 1980. If you invested $1,000 in the company, then your investment would now be worth nearly $1.5 million. But how many people buy a stock on its IPO?

What does that look like on a brokerage statement? Check out the above chart and you'll see that if you invested $1,000 in Apple stock 20 years ago, it would today be worth almost $454,000. The same $1,000 invested in the S&P 500 would theoretically have turned into almost $7,000 over the same period.

This means that your $1,000 10 years ago — technically, $1,002 — would have bought 60 shares of Tesla. As of Mar. 3, 2024, those 60 shares of Tesla would be worth $12,158.40. That marks a 28.342% annual rate of return.

Currently, Apple has a market capitalization of $2.59 trillion. Buying $100 In AAPL: If an investor had bought $100 of AAPL stock 20 years ago, it would be worth $36,484.71 today based on a price of $167.96 for AAPL at the time of writing.

Latest Amazon Stock Forecasts for 2024, 2025 & 2030

The average one-year Amazon stock forecast 2024/2025, according to MarketBeat, is for the price to reach $209.24, with the highest projection being $245 and the lowest estimate standing at $140.

How many times has Amazon stock split since 1997? ›

Amazon (NASDAQ: AMZN) has had four stock splits since its initial public offering in 1997, with its most recent one occurring in June 2022 in a 20-to-one split. The company has enjoyed immense success over the years by leading two crucial sectors: e-commerce and cloud computing.

Those gains translate to a 36.6% compound annual growth rate for Apple compared to a 7.4% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth about $5.08 million today, assuming reinvested dividends.

Since shares were a little more expensive in March 2014 than they were one month later in April, a $1,000 investment exactly 10 years ago would have increased your money tenfold — to roughly $10,000. By comparison, the S&P 500 rose just 179.75% and gold gained 50.53% over the same period.

With Amazon ending the previous week at $123.53, it means a $10,000 investment a little over 25 years ago would now be worth (get this...) $16,454,196. For those of you keeping score at home, we're talking about an aggregate return of 164,607%, or an average annual return of around 34% for a quarter of a century.

AMZN boasts a Value Style Score of B and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Shares of Amazon are trading at a forward earnings multiple of 43.3X, as well as a PEG Ratio of 1.5, a Price/Cash Flow ratio of 23.5X, and a Price/Sales ratio of 3.2X.

Amazon.com passed many milestones in 1997: by year-end, we had served more than 1.5 million customers, yielding 838% revenue growth to $147.8 million, and extended our market leadership despite aggressive competitive entry.

Amazon.com Inc. (AMZN) hit the magic price of $1,000 per share on the morning of May 30, but there's no indication that CEO Jeff Bezos has any intention of splitting the stock, the Wall Street Journal reports.

So, if you had invested in Netflix ten years ago, you're likely feeling pretty good about your investment today. A $1000 investment made in March 2014 would be worth $9,728.72, or a gain of 872.87%, as of March 4, 2024, according to our calculations. This return excludes dividends but includes price appreciation.