Amazon CEO Predicts AWS Revenue Could Double
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2026
0mins
Source: seekingalpha
- Revenue Surge Forecast: Amazon CEO Andy Jassy stated in an internal meeting that AWS's revenue could reach $600 billion by 2036, doubling from the current $300 billion annual run rate, showcasing the company's strong confidence in artificial intelligence.
- AI-Driven Growth: Jassy emphasized that AWS has significant potential in the AI sector, predicting that its annual revenue could hit $300 billion in the next decade, highlighting the critical role of AI technology in the company's future development.
- Positive Market Reaction: Following Jassy's remarks, Amazon's shares rose approximately 1% in Tuesday's trading, reflecting investor optimism about the company's growth prospects, particularly regarding its investment potential in AI.
- Strategic Investment Direction: Amazon is ramping up its AI investments, recently signing a deal with OpenAI to provide AI services to U.S. government employees, indicating the company's proactive approach to technological innovation and market expansion.
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Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise
44 Analyst Rating
41 Buy
3 Hold
0 Sell
Strong Buy
Current: 256.520
Low
175.00
Averages
280.01
High
325.00
Current: 256.520
Low
175.00
Averages
280.01
High
325.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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