Part 7/8:
Looking ahead, Amazon’s future earnings potential appears promising. Consensus estimates project earnings approaching $30 per share in less than five years. With a conservative multiple of 30x earnings—alone suggesting a valuation near the current stock price—the company doesn’t seem overvalued despite its high price tag. This perspective implies that, based on expected earnings growth, Amazon’s current valuation could be justified, especially if it continues to innovate and expand its Prime ecosystem.