Wall Street median target points to $6.5 trillion valuation for Nvidia within a year
Nvidia’s market value has dipped below the $5 trillion threshold it reached last year, but Wall Street expects the chip designer could add more than a trillion dollars in value over the next 12 months if consensus targets are met. Shares of the artificial intelligence chip pioneer have largely stalled over the past six months, leaving the stock nearly 4% below its 52-week high from late October.
Nvidia became the world’s first $5 trillion company in October, but its recent pullback has trimmed the market cap to about $4.8 trillion. Analyst forecasts point in the other direction. Among 70 analysts covering the stock, the 12-month median price target stands at $267.50, which is 33% above Friday’s close.
If Nvidia were to reach that target, its market capitalization would rise to roughly $6.5 trillion. The stock carries a buy rating from 93% of the analysts tracking it. Valuation and growth estimates help explain the bullish stance. Nvidia trades at a forward price-to-earnings multiple of 24, slightly above the S&P 500’s 21, while its earnings are expected to grow 74% this year, compared with about 17% for the index.
The company’s fiscal 2028 earnings growth estimate of 34% is also about double the broader market’s projection. Demand from data centers remains central to that outlook. Nvidia reported $216 billion in revenue in its fiscal 2026, which ended on Jan. 25, with $193.7 billion coming from its data center business.
The company now anticipates $1 trillion in revenue from sales of its Blackwell and Vera Rubin data center lines across calendar 2026 and 2027—a pipeline that exceeds what analysts expect the company to generate over the next two years. Looking further ahead, Nvidia is anticipated to deliver $11.12 in earnings per share in fiscal 2028, which will cover most of calendar 2027.
If the shares were to trade at 30 times earnings at that point, the stock could reach $333, a 67% increase from current levels and a move that would push its market capitalization just past $8 trillion. For now, the consensus suggests a comeback may be in the cards as investors focus on the company’s AI data center momentum, valuation relative to its growth, and the robust sales pipeline it has outlined.