Amazon is predicted to join Apple in the $4 trillion market capitalization club before 2030, according to an analysis by The Motley Fool. The e-commerce, cloud computing, and digital advertising giant currently carries a market cap of $3 trillion, while Apple's valuation stands at $4.5 trillion as of August 10. Analysts estimate Amazon's net sales will reach $1.1 trillion in 2028, up 53% from 2025's total of $717 billion, implying a 15% compounded annual growth rate. Growth drivers include Amazon Web Services, which saw sales jump 37% in the second quarter with a backlog of $496 billion, and the digital advertising operation, which grew revenue 26% year over year. The stock trades at a price-to-earnings ratio of 22.4, near a 10-year low, which the analysis views as limiting downside risk.
