The Path to $500: Morgan Stanley Predicts AWS Could Become a $1 Trillion Cloud Empire

Morgan Stanley analyst Brian Nowak has outlined a massive bull case for Amazon, predicting its stock could nearly double to $500 per share by the end of 2027. This ambitious target hinges entirely on Amazon Web Services (AWS) scaling its annualized revenue from $170 billion to an astounding $1 trillion by the middle of the next decade. Driven by relentless demand for Generative AI tools, Amazon is rapidly expanding its compute capacity by roughly 8 gigawatts annually and increasing its AI infrastructure budget to $220 billion. If AWS can successfully monetize this massive power output at higher rates per watt, it could unlock unprecedented profitability and propel the tech giant's market value to new heights.

https://www.barrons.com/articles/amazon-stock-aws-revenue-ai-5b77d087