Prediction of Nvidia’s Stock Price in 2030

With 2024 coming to a close 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 is not surprising that Nvidia (NASDAQ: NVDA) is the subject of many discussions, as it has been one of the best-performing stocks of the year, and indeed, of the past two years.

Phil Panaro from the Boston Consulting Group has made one of the most ambitious long-term predictions for the NVDA stock price. During an appearance on the Schwab Network, he stated that the semiconductor giant will grow to a truly enormous size by the beginning of the next decade.

Specifically, Panaro predicts that Nvidia will 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 achieve an $8 trillion market cap by 2030?

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

According to Phil Panaro, Nvidia has experienced significant revenue growth this year, with an $8 billion increase in 2024 compared to 2023. If the market trends and the chipmaker’s industry dominance continue, it is likely that the semiconductor giant will continue to accelerate its growth and reach $600 billion in annual revenue by the end of the current decade.

Although many analysts have a more conservative outlook for Nvidia, Panaro is not the only one who believes in the possibility of massive growth.

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 is important to note that these predictions are considered “outrageous” for a reason, and stocks tend to slow down their growth after experiencing significant and prolonged rallies.

Furthermore, for Nvidia to achieve its 2030 price target, it would be necessary for the artificial intelligence (AI) boom to continue, for the chipmaker 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.