Prediction of Nvidia’s Stock Price in 2030

With 2024 coming to an end and 2025 just around the corner, investors and analysts are increasingly interested in what the future holds for the stock market, as well as other assets and technologies.

Given this situation, it’s not surprising that Nvidia(NASDAQ:NVDA) is at the center of many discussions, as it has been one of the best-performing stocks not only this year but also in the past two years.

Phil Panaro from the Boston Consulting Group has perhaps made the most daring long-term price target for NVDA stock. During an appearance on the Schwab Network, he expressed his opinion that this semiconductor giant will grow to a truly massive size by the beginning of the next decade.

Specifically, Panaro believes that Nvidia is likely to reach a market capitalization of $8 trillion by 2030. Assuming the number of shares remains stable over the next five years, this would mean that NVDA stock will be traded at $326.09.

Could Nvidia really reach $8 trillion by 2030?

While this goal may seem ambitious, it’s worth noting that this is a relatively modest upside of 141.3%, especially when considering that NVDA shares have already increased by 180.55% year-to-date (YTD) and 824.98% in the past two years.

According to Phil Panaro, Nvidia has experienced significant revenue growth this year, with an $8 billion increase compared to 2023.

If market trends continue and Nvidia maintains its dominance in the chipmaker industry, it is likely to further accelerate its growth and achieve $600 billion in annual revenue by the end of this decade.

Although many analysts are more conservative in their assessment of Nvidia’s potential, Panaro is not the only one who sees massive growth as plausible.

For example, the Danish Saxo Bank recently included a forecast of Nvidia reaching a $7 trillion valuation in 2025 among its outrageous predictions.

However, it’s important to note that these predictions are described as “outrageous” for a reason, and stocks tend to slow down their growth after experiencing significant and prolonged rallies.

Furthermore, for Nvidia to meet the 2030 price target, it would require the AI boom to continue, for the company to maintain its dominant position in the industry, successfully navigate expected trade wars, and withstand any other potential challenges that may arise in the coming years.