How many times has Amazon stock split since 1997?
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).
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 closing price for Amazon (AMZN) in 1997 was $0.25, on December 31, 1997. It was up 105.9% for the year. The latest price is $180.25.
| Date | Split | Cumulative multiple |
|---|---|---|
| 2022-06-06 | 20:1 | x240 |
| 1999-09-02 | 2:1 | x12 |
| 1999-01-05 | 3:1 | x6 |
| 1998-06-02 | 2:1 | x2 |
Before this first stock split, Amazon's share price was $85.68 (on 1 June 1998), meaning that each share was worth $42.84 – or exactly half – immediately after the two-for-one split.
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).
Amazon's stock has split four times in total. The previous stock split occurred in July 1999, at 2:1. Before that, the stock split in November 1998 at 3:1, and in April 1998 at 2:1. Amazon has not indicated that its stock will split again anytime soon.
If I really wanted to impress you with big numbers, I'd point out that a $1,000 Amazon stake on the date of its initial public offering (IPO) in 1997 would have grown to $1.6 million by now.
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.
Its stock price today is $153.42, which is an increase of 3,683% during this period. If you had invested $1,000 in Amazon stock on Dec. 27, 1999, today, you would have $37,823.11.
Is AMZN a buy right now?
Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts.
Amazon.com Inc. (AMZN) hit the magic price of $1,000 per share on the morning of May 30, but there's no indication that CEO Jeff Bezos has any intention of splitting the stock, the Wall Street Journal reports.
Walmart's common stock will begin trading on a post-split basis at the market open on Monday, Feb. 26, 2024, under the company's existing trading symbol “WMT.” The stock split and final ratio were approved by Walmart's board.
The all-time high Amazon stock closing price was 186.12 on July 08, 2021. The Amazon 52-week high stock price is 181.41, which is 0.9% above the current share price. The Amazon 52-week low stock price is 97.70, which is 45.7% below the current share price. The average Amazon stock price for the last 52 weeks is 138.24.
The lowest closing price for Amazon (AMZN) all-time was $0.07, on May 22, 1997. The latest price is $178.87.
Amazon Stock Price Forecast 2024-2025
Amazon price started in 2024 at $151.94. Today, Amazon traded at $180.38, so the price increased by 19% from the beginning of the year. The forecasted Amazon price at the end of 2024 is $239 - and the year to year change +57%. The rise from today to year-end: +32%.
Amazon Dividends FAQ
Does Amazon pay a dividend? No, AMZN has not paid a dividend within the past 12 months.
Were the split to happen as of Wednesday's close, the cost of each share would go from $2,785.58 to $139.28, and each existing holder would get 19 additional shares for every one they own. Amazon is the latest highly valued tech company to pull down the price of each share through a split.
For instance, one of the most valuable companies in the world, the Cupertino, California consumer technology giant Apple Inc. (NASDAQ:AAPL) has gone through five stock splits in its history.
Prior to its most recent split, a share of Amazon stock was worth $2,785.58, which converted to $139.28 after the 20-to-1 split. It closed last week at $113.55.
How many times has Apple stock split?
Apple (NASDAQ: AAPL) has split its stock five times since its IPO in 1980. It executed three 2-for-1 splits in 1987, 2000, and 2005, a 7-for-1 split in 2014, and a 4-for-1 split in 2020.
Since going public, Walmart has done a total of 10 stock splits, including the recent one – where the last stock split was seen 25 years ago.
If you had invested $1,000 in Apple stock on Feb. 4, 1997, today, you would have $1,343,269. Likewise, if you had invested $1,000 in an index fund replicating Nasdaq, you would have $11,038. A similar $1,000 investment in an index fund that replicates the S&P 500 would be worth $6,140.
Amazon shares have soared 612% in the last 10 years alongside its immense success, even taking into account the sell-off in 2022. As a result, those who bought $10,000 worth of Amazon's stock in January 2013 would have $78,138.51 today, with an annual rate of return of 22.42%.
If you had invested in Netflix ten years ago, you're probably feeling pretty good about your investment today. According to our calculations, a $1000 investment made in February 2014 would be worth $9,138.15, or a gain of 813.81%, as of February 12, 2024, and this return excludes dividends but includes price increases.
