Key Facts on Nvidia’s Stock Performance
Nvidia (NASDAQ: NVDA) shares have surged over 67% since the company’s 10-for-1 stock split in June 2024, increasing its market capitalization by nearly $2 trillion to approximately $4.9 trillion, making it the world’s largest company. As of now, shares trade around $202, up from just above $120 post-split.
Analysts project Nvidia’s revenue to exceed $480 billion by fiscal 2028, up from $215.9 billion in fiscal 2026. For Nvidia to reach $1,200 per share—a sixfold increase from current levels—its stock would need to demonstrate a compound annual growth rate (CAGR) of approximately 20% over 10 years or about 13% over 15 years. However, analysts warn that growth deceleration could stretch this timeline to 15-20 years.
If Nvidia maintains a similar market valuation and meets revenue targets, shares could potentially double in a few years, approaching $400. However, significant growth challenges lie ahead as the company adapts to its status as the largest entity in the tech space.
