$Amazon.com(AMZN)$ Historically trades at 3x Price to sales. 2025 revenues are estimated at $710B. 3 x 710B / 10.32B (sharefloat) = $207 share. The 3x metric should increase as they increase margins and the business continues to shift to much higher services businesses - 2.75x sales would be conservative estimate or $189/share. Fair to assume this as a target around Dec 24' - May 24' time frame - and assuming they hit the revenue estimates.

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