From Nasdaq:

Nvidia’s phenomenal 237% surge in the past year has propelled it to become the world’s fourth-largest company by market capitalization at nearly $2 trillion. The demand for AI chips is driving Nvidia’s growth, with revenue and earnings soaring. Analysts predict a 38% annual growth rate for AI chips through 2032, potentially leading Nvidia to a $3 trillion market cap.

Nvidia’s data center revenue has surged to $47.5 billion from $15 billion, with a 41% growth in the last fiscal year. Morningstar projects data center revenue to hit $60 billion this fiscal year, indicating strong momentum. Nvidia is exploring custom AI chips, a move that could unlock a $55 billion revenue opportunity and fuel further growth.

Earnings per share estimates for Nvidia are on the rise, with potential for $29.24 per share in fiscal 2026. If the company maintains a forward earnings multiple in line with its historical average, Nvidia’s stock price could rise to $1,260 per share, driving its market cap to $3.15 trillion. Consider investing in Nvidia now at a discount to its average forward earnings multiple.



Read more at Nasdaq: Will Nvidia Be a $3 Trillion-Dollar Stock by 2025?