Prediction: Nvidia Will Be Worth $6 Trillion by the End of 2026
A valuation this low likely can't last much longer.
Overview
I know, I know: Nvidia (NASDAQ: NVDA) is already the largest company in the world, with a current market cap of $5.4 trillion. If its stock rises to about $250 per share, it would make Nvidia the first $6 trillion company in history.
To put that in perspective, at $6 trillion, Nvidia would be worth more than Amazon, Meta Platforms, Tesla, and Netflix combined.
Details
But given how much Nvidia's revenue and earnings have grown, and how much CEO Jensen Huang has done to ensure the company's long-term dominance, it's actually kind of amazing that the company isn't already trading at $250 per share ... or more.
Source
Originally published at www.fool.com.
Related Articles
- The Puzzle Pieces for Stagflation Are Beginning to Take Shape, and That's Terrible News for Fed Chair Kevin Warsh and Wall Street
- All It Takes Is $17,000 Invested in This High-Yield Dividend King Stock to Generate Over $500 in Yearly Dividends
- Maersk shares jump 7% after shipping giant smashes profit estimates and hikes outlook
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.