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

FAQs

How much would $1000 invested in Amazon in 1997? ›

If I really wanted to impress you with big numbers, I'd point out that a $1,000 Amazon stake on the date of its initial public offering (IPO) in 1997 would have grown to $1.6 million by now. Getting in early on tomorrow's greatest winners can result in truly epic returns.

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 $10,000 in Amazon stock on Jan. 1, 2000 (just before the dot-com crash), your investment would be worth over $470,000 today.

$1,000 Invested in Amazon A Decade Ago Is Worth…

That's close to an 830% return, compared to 174% in the S&P 500 over the same period. That is a truly incredible figure. Few companies can claim this sort of compounding over any time frame. But investors should note this hasn't always been an easy ride.

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 $460,000. The same $1,000 invested in the S&P 500 would theoretically have turned into about $7,000 over the same period.

Since going public in 1997, Amazon stock has generated a total percent change of roughly 182,900%, which also incorporates the various stock splits that have happened along the way. That means that if you had invested $4,000 in Amazon in 1997, you would now have roughly $7.32 million.

Amazon went public on May 15, 1997, and the IPO price was $18.00, or $0.075 adjusted for the stocks splits that occurred on June 2, 1998 (2-for-1 split), January 5, 1999 (3-for-1 split), and September 1, 1999 (2-for-1 split), and June 3, 2022 (20-for-1 split).

Amazon (AMZN) crossed $2,000 per share for the first time on Thursday morning as the e-commerce giant heads toward a $1 trillion market cap. The stock ended the day at $2,002.38.

The Future of Amazon

Amazon's average one-year price target is $224.17, but at least one analyst predicts it will go to $500.00 per share in just 12 months. Of the 47 analysts who recommended Amazon in June, 44 rated it a buy or a strong buy.

Did Amazon stock ever hit $1,000? ›

Amazon shares, which closed Friday at $995.78, now trade at 14.3 times their closing price of $69.63 on May 29, 2007, just a decade ago. The stock reached an intraday high of $999.00 on Thursday.

Amazon split its shares last summer when its price tag reached over $3,000.

Based on a price of $113.92 for Amazon shares at the time of writing, the $1,000 investment would be worth $1,519,054.85 today. Not a bad return for investing $1,000 in an unprofitable online bookseller.

In 2030, the Amazon stock will reach $ 849.29 if it maintains its current 10-year average growth rate. If this Amazon stock prediction for 2030 materializes, AMZN stock will grow 349.17% from its current price.

The all-time high Amazon stock closing price was 189.50 on May 09, 2024. The Amazon 52-week high stock price is 191.70, which is 1.4% above the current share price. The Amazon 52-week low stock price is 118.35, which is 37.4% below the current share price. The average Amazon stock price for the last 52 weeks is 154.86.

Amazon split its shares last summer when its price tag reached over $3,000.

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.