NVIDIA Stock Forecast: $10 Trillion Market Cap by 2030
NVDA Expected to Reach $428211 Average Price
Analyst Predicts 258% Upside
NVIDIA Corp's (NVDA) stock is expected to soar to a $10 trillion market cap by 2030, according to a tech analyst. The forecast comes amid strong performance in the company's data center segment, which is projected to grow by 260% to $320 billion by 2027.
Analysts believe that NVIDIA's "impenetrable moat" in the semiconductor industry will continue to drive growth. The company's leadership in artificial intelligence (AI) and graphics processing units (GPUs) provides it with a competitive advantage that is expected to sustain its growth trajectory.
The analyst predicts an average price target of $428211 for NVDA stock in 2030, with a high forecast of $684895 and a low forecast of $258. This represents a significant upside potential for investors who hold the stock over the long term.
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