If You Bought Amazon Stock the Year It IPO’d, Here’s What It Would Be Worth Today

You’ll find nary shortage of “what ifs” connected Wall Street, and galore impact stocks that could person made you a millionaire with a minimal investment.

One of those stocks is Amazon (AMZN). When the Jeff Bezos-founded institution went nationalist successful May of 1997, it was inactive an online bookselling startup that had been successful concern lone a mates of years. Today, Amazon ranks arsenic the fifth-biggest institution successful the satellite by marketplace cap.

What if you had bought Amazon banal the twelvemonth it made its archetypal nationalist offering (IPO)? Assuming you inactive ain that banal today, you’re astir apt worthy a batch of money.

Amazon’s banal debuted connected the Nasdaq connected May 15, 1997, astatine an IPO terms of $18 a share, according to the company’s website. But mundane investors astir apt didn’t get that price.

As The Motley Fool reported, IPO prices are typically reserved for underwriting concern banks and different organization investors. But if you bought the banal connected its archetypal time of trading, you astir apt paid astir $23.50 per share. That was the first-day closing price, according to The Motley Fool.

Since the IPO, Amazon has announced 4 banal splits: June 2, 1998 (2-for-1 split); January 5, 1999 (3-for-1); September 1, 1999 (2-for-1); and June 3, 2022 (20-for-1). Accounting for those splits, 1 stock of Amazon banal connected the archetypal time of trading has present ballooned to 240 shares.

Amazon’s banal deed highs successful precocious 2025 and has since travel down a bit, closing astatine $208.72 connected Feb. 10. Even with that drop, the banal has risen astatine a mind-boggling complaint since the IPO.

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Following is simply a look astatine what your Amazon banal would beryllium worthy today, based connected antithetic concern amounts.

• 1997 first-day closing price: $23.50 a share

• Number of shares: 1

• Number of shares contiguous (split-adjusted): 240

• Closing terms connected Feb. 9, 2026: $208.72

• Current value: $50,093

• 1997 first-day closing price: $23.50 a share

• Number of shares with $50 archetypal investment: 2.1

• Number of shares contiguous (split-adjusted): 504

• Closing terms connected Feb. 9, 2026: $208.72

• Current value: $105,195

• 1997 first-day closing price: $23.50 a share

• Number of shares with $100 archetypal investment: 4.3

• Number of shares contiguous (split-adjusted): 1,032

• Closing terms connected Feb. 9, 2026: $208.72

• Current value: $215,399

• 1997 first-day closing price: $23.50 a share

• Number of shares with $500 archetypal investment: 21

• Number of shares contiguous (split-adjusted): 5,040

• Closing terms connected Feb. 9, 2026: $208.72

• Current value: $1,051,949