Shares of NVIDIA Corp. (NASDAQ:NVDA) gained 2.79% over the past five trading sessions, bringing the stock’s year-to-date gain to 31.08%. The AI chipmaker is enjoying momentum after becoming the first publicly traded company to hit a $4 trillion market cap in early July. That achievement came just one month after surpassing both Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT) in market cap as members of the $3 trillion market cap club. The stock reached an all-time high on the news.\n\nFrom a financials perspective, the company has tailwinds. When NVIDIA reported Q1 earnings earlier this year, it announced revenue of $44.1 billion up 12% from Q4 2024 and up 69% year-over-year. Revenue from its data center business segment was $39.1 billion, up 10% from Q4 2024 and up 73% year-over-year. The company also had EPS of 96 cents, beating analysts’ expectations for 93 cents. The company next reports earnings on Aug. 27 after the market close.\n\nIn late July, Morgan Stanley raised its price target on NVIDIA to $200 from $170 while maintaining its “Overweight” rating. The firm believes that the increase in enthusiasm for AI semis is “justified by long-term strength in the business.”\n\nOver the past few years, AI has consistently fueled the largest gains for the market. And one company in particular is at the vanguard: NVIDIA. The company is the premier manufacturer of components critical to the surge in AI; namely, semiconductors, microchips, and graphics processing units (GPUs). As a result, the Santa Clara, Calif.-based company has seen its stock skyrocket in the recent past. Over the past five years, shares have gained 1,468.25%, and since going public, NVIDIA’s stock is up a preposterous 453,125%.\n\nDespite those mind-boggling gains, analysts still expect significant upside potential in the medium and long term. 24/7 Wall St. has performed analysis to provide prospective investors and current shareholders with an idea of where NVIDIA’s stock might be headed over the course of the next five years.\n\nNVIDIA’s track record of strong earnings suggests an ability to remain at the forefront of its industry, as competitors fight for the leftovers. Between NVIDIA’s client list of Magnificent Seven companies and the burgeoning trend in AI, growth in both revenue and net income is projected to continue its steep climb. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our ‘The Next NVIDIA’ report. This report breaks down AI stocks with 10x potential and will give you a huge leg up on profiting from this massive sea change.\n\nUnless you have been living under a rock, chances are you have caught wind of the very well-documented and rather exponential surge in NVIDIA’s share price since 2022. But before 2022’s price-per-share explosion, it was steadily appreciating as it underwent a series of stock splits.\n\nYear | Share Price* | Revenue** | Net Income**\n2014 | $0.51 | $4.130 | $0.588\n2015 | $0.82 | $4.681 | $0.800\n2016 | $2.67 | $5.010 | $0.929\n2017 | $4.88 | $6.910 | $1.851\n2018 | $3.24 | $9.714 | $3.085\n2019 | $5.98 | $11.716 | $4.143\n2020 | $13.06 | $10.918 | $3.580\n2021 | $29.64 | $16.675 | $6.277\n2022 | $14.61 | $26.914 | $11.259\n2023 | $49.52 | $26.974 | $8.366\n2024 | $134.29 | $60.974 | $29.76\n\n*Post-split adjusted basis **Revenue and net income in $billions\n\nOver the course of the last decade, NVIDIA’s revenue grew by more than 553% while its net income increased by just over 1,323%. The company experienced a slight contraction in revenue and net income in 2020 due to the COVID-19 pandemic, but it rebounded soundly the following year and has continued to steadily grow both metrics since. Meanwhile, shares were able to increase by 9,610% from 2014 to 2023.\n\nAs the AI lynchpin and Magnificent Seven mainstay looks forward to the second half of the decade, 24/7 Wall St. has identified three key drivers that are likely to impact its growth metrics and stock performance through 2030.\n\n1. Stronghold on the GPU Industry: No one makes GPUs like Nvidia makes GPUs, and the industry demanding them is well aware of that. While semiconductor competitors like Advanced Micro Devices Inc. (NASDAQ:AMD) and Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) do command some attention in their respective corners of the market, simply comparing the three companies’ market caps demonstrates the discrepancies between NVIDIA and, well, every other company. While Advanced Micro Devices and Taiwan Semiconductor Manufacturing have respectable market caps of $194.67 billion and $861.41 billion, respectively, those are dwarfed by NVIDIA’s $3.34 trillion.\n\n2. Demand From Unrivaled Tech Customers: The company’s primary clientele are the other members of the Magnificent Seven, which are leading the way forward in the AI revolution. In fact, only four Big Tech rival companies — Alphabet Inc. (NASDAQ:GOOGL), Amazon.com Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META), and Microsoft — account for 40% of NVIDIA’s revenue as they vie with one another to become the front runner of the transition to generative AI.\n\n3. The AI Trend Is Just Getting Started: According to Grand View Research, AI’s market size was $196.63 billion in 2023. But as large as that seems, it pales in comparison to where it is headed. From 2024 to 2030, the AI market is expected to grow at an astounding compound annual growth rate (CAGR) of 36.6%, with \"continuous research and innovation directed by tech giants that are driving adoption of advanced technologies in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing,\" according to Grand View Research’s report.\n\nThe current consensus median one-year price target for NVIDIA, according to Wall Street analysts, is $187.57, which represents 3.46% potential upside over the next 12 months based on today’s share price. Of the 39 analysts covering NVIDIA, the stock receives a consensus \"Strong Buy\" rating, with 35 analysts rating the stock a \"Buy,\" three rating it a \"Hold\" and one rating it a \"Sell.\" \n\n24/7 Wall St.’s year-end forecast for NVIDIA is $176.64, or potential downside of 2.56% based on a projected EPS of $2.75 and a price-to-earnings (P/E) ratio of 50, with a best-case scenario of $192.50 per share and a worst-case scenario of $82.50 per share.\n\nBy the conclusion of 2030, 24/7 Wall St. estimates that NVIDIA’s stock will be trading for $241.23, good for a 34.25% increase over today’s share price, based on an EPS of $7.24 and a P/E ratio of 50. Our high-end price target is $506.80 based on an EPS of $7.24 and a P/E ratio of 70. Meanwhile, our low-end price target is $217.20 based on an EPS of $7.24 and a P/E ratio of 30.\n\nYear | Price Target | %Change From Current Price\n2025 | $176.64 | -2.56%\n2026 | $227.39 | 25.42%\n2027 | $200.57 | 10.63%\n2028 | $230.55 | 27.17%\n2029 | $222.95 | 22.97%\n2030 | $241.23 | 33.06%\n\nRevenue and net income in $billions

NVIDIA (NASDAQ: NVDA) Price Prediction and Forecast 2025-2030 for August 12

NVIDIA Corp. has reached a $4 trillion market cap, becoming the first publicly traded company to do so, and is projected to continue strong growth driven by its leadership in AI semiconductors. The company reported strong Q1 earnings with $44.1 billion in revenue and $29.76 billion in net income, fueled by a 73% year-over-year increase in data center revenue. Analysts, including Morgan Stanley, have raised price targets, with a consensus median one-year target of $187.57 and a projected 2030 price of $241.23. Key growth drivers include its dominance in GPU manufacturing, demand from major tech customers like Microsoft and Amazon, and the rapid expansion of the AI market, expected to grow at a 36.6% CAGR from 2024 to 2030. The article also provides a detailed forecast of stock prices through 2030 based on earnings and P/E ratios.