tech giant cloud service, Amazon Web Servicesclose to a valuation of $3 trillion – 29.4 trillion kroner.
That’s nearly three times the value of the entire company in the stock market now, according to Redburn analyst Alex Haissl, who believes Amazon will eliminate the cloud at some point in the future.
– AWS separation may not be appropriate now, but if the difference in performance continues to spread, it is a possibility, says analyst according to Bloomberg On a comprehensive note.
Haissl recommends buying Amazon stock and sees chances that the stake will reach $270 next year. It is 150 percent higher than the price today and the highest among all analysts. The analyst also recommends buying Microsoft, loading Snowflake and selling MongoDB.
In the first quarter, AWS revenue rose 37 percent to $18.4 billion, despite lower online sales.
It’s not possible to mobilize poor performers, but we don’t think the business has been structurally damaged, Heysel says.
According to Redburn analyst, Amazon cloud is in a better position than Microsoft and Alphabet because it has lower costs and better technology.
“Web specialist. Lifelong zombie maven. Coffee ninja. Hipster-friendly analyst.”