Wall Street Sees Nvidia Hitting $5 Trillion by 2026: Could It Happen?
But Wall Street doesn't see Nvidia stopping here, with some analysts seeing Nvidia surpassing Apple, and hitting a $5 trillion valuation by 2026. Here are the reasons for Wall Street's optimism, and what could also disrupt the bullish thesis.
Why 1 Top Wall Street Analyst Thinks Investing in Nvidia Stock Now Is a "Generational Opportunity"
Unsurprisingly, Bank of America upped its price target for Nvidia. Its analysts now expect the GPU maker's share price to reach $190 within the next 12 months. That translates to a market cap of roughly $4.7 trillion. The biggest publicly traded company right now is Apple ( AAPL 0.63%), which has a market cap of around $3.6 trillion.
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Nvidia is poised to overtake Apple in market cap. That is because Nvidia’s business and stock price are surging but Apple’s ...
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Chipmaker Nvidia closed at a record high on Monday, up more than 4% to hit $143.71. This latest advance in share price comes ...
NVIDIA Corp reached a new milestone Monday, with shares climbing 4.14% to close at an all-time high of $143.71, prompting a ...
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