Amazon Stock Price In 1997 | StatMuse Money (2024)

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Amazon Stock Price In 1997 | StatMuse Money? ›

The closing price for Amazon

If you had invested $4,000 in Amazon in 1997...

That means that if you had invested $4,000 in Amazon in 1997, you would now have roughly $7.32 million. Had you invested $4,000 in the S&P 500 in 1997, you would now have roughly $20,800, meaning that Amazon has absolutely thumped the market since going public.

As a result, an investment of $10,000 a decade ago would be worth over $107,000 today. The company made many millionaires over the last decade, begging the question: Does it still have much to offer new investors? Let's examine Amazon's business more closely and determine whether it's still worth investing in in 2024.

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).

Those gains translate to a 23.2% compound annual growth rate for Amazon compared to a 6.2% CAGR for the S&P 500 in that time. As a result, $10,000 in AMZN stock purchased 20 years ago would now be worth $645,262. A $10,000 investment in the S&P over the same period, however, would amount to $33,452.

As impressive as that is, original investors in Amazon fare even better. If you had invested $1,000 during Amazon's IPO in May 1997, your investment would be worth $1,341,000 as of August 31, according to CNBC calculations. That's better than the so-called FAANG stocks, plus Ebay – which debuted in that same period.

If you had invested $10,000 in Amazon at its IPO price in 1997, you would have purchased 555 shares, not including commission expenses or fractional shares. Taking into account Amazon's four stock splits, these 555 shares would have multiplied into 133,200 shares, as of today.

The table below shows the present value (PV) of $10,000 in 20 years for interest rates from 2% to 30%. As you will see, the future value of $10,000 over 20 years can range from $14,859.47 to $1,900,496.38.

How Much Has Tesla Grown in the Past 10 Years? As of March 28, 2024, the price of Tesla's stock was $175.79. Ten years ago, at market close on March 28, 2014, Tesla's stock was trading at $14.16 per share. This means that $10,000 invested in Tesla in March 2014 would be worth about $124,145 today.

Amazon stock hit $2,000 per share for the first time Thursday.

How much was $5000 Amazon stock in 1997? ›

Amazon (AMZN 3.43%) has generated massive multibagger gains since its initial public offering (IPO) on May 15, 1997. The stock went public at $18, or a split-adjusted price of $1.50 per share. If you had invested just $5,000 in that IPO, your stake would be worth nearly $11.4 million today.

Amazon (NASDAQ: AMZN) has had four stock splits since its initial public offering in 1997, with its most recent one occurring in June 2022 in a 20-to-one split. The company has enjoyed immense success over the years by leading two crucial sectors: e-commerce and cloud computing.

In other words, a $10,000 investment in Tesla's IPO in 2010 would now be worth a staggering $2,643,178. For those of you keeping score at home, this equates to a 26,332% increase in value in just over 12 years.

Those gains translate to a 36.6% compound annual growth rate for Apple compared to a 7.4% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth about $5.08 million today, assuming reinvested dividends.

If you had invested $1,000 in Google stock on Aug. 19, 2004, today, you would have $60,107. Likewise, if you had invested $1,000 in an index fund replicating Nasdaq, you would have $9,000.

Those gains translate to a 36.6% compound annual growth rate for Apple compared to a 7.4% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth about $5.08 million today, assuming reinvested dividends.

That means a $10,000 investment at its IPO would be worth a cool $13 million today. Even a more modest investment of $1,000 would have yielded a profit of about $1.3 million. Image source: Getty Images.

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 $530,000. The same $1,000 invested in the S&P 500 would have theoretically turned into $6,186 over the same period.