Nvidia’s Stock Performance and Future Splits
Nvidia (NASDAQ: NVDA) has conducted six stock splits, including a 10-for-1 split in June 2024. Currently, Nvidia’s stock price is approximately $180, significantly lower than its previous high of $1,200, despite a market capitalization of $4.34 trillion. Over the past two years, Nvidia’s revenue surged by 354%, reaching $148.5 billion, with free cash flow increasing from $5.1 billion to $72.1 billion.
Looking ahead, analysts do not anticipate another stock split before 2025, as approval typically requires a vote at annual shareholder meetings, the most recent of which occurred on June 25, 2024. Given the shifts in trading practices since 2007, stock splits are seen as less impactful on share value than in the past, meaning that Nvidia’s true value lies in its dominance within the AI sector rather than in potential stock splits.
