NVIDIA Stock Forecast: Surging Towards a Trillion-Dollar Valuation
Surge in Stock Price Predicted
Get ready for an unprecedented surge in NVIDIA Corporation (NVDA) stock value. According to IO Fund tech analysts, NVDA is poised to reach an average price of $388,716 by 2025, with a potential high of $523,105 and a conservative estimate of $254,327. This represents a staggering 258% increase from its current levels.
Ten Trillion Market Valuation by 2030
The analysts predict that NVDA's exceptional growth will propel it to a market valuation of $10 trillion by 2030. This would place it alongside the tech giants known as FAANG (Facebook, Amazon, Apple, Netflix, and Google). Such a valuation would reflect NVDA's remarkable performance as one of the top SP 500 gainers in 2024, continuing its reign as the best-performing stock of last year.
As of June 7, 2024, 4:00 PM, NVDA was trading at $400 per share.
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