Are you looking to invest your money or planning to invest your money into Nvidia stock? If you are one of the people who is interested in investing in Nvidia stock, then this post is meant for you.
This article will guide you give a full details of all you need to know about Nvidia stock forecast and what the stock would be like in the future.
Before we get started to know more about Nvidia stock price prediction from 2022 to 2030, we need to have a look at what the company is.
What is Nvidia?
Nvidia Corporation is an American multinational technology company founded in 1993 by Curtis Priem, Christopher Malachowsky and Jen-Hsun Huang; and incorporated in Delaware and is based in Santa Clara, California.
It is a company known for developing integrated circuits such as graphics processing units(GPU) for professional markets and gaming and system on chip units for the automotive market and mobile computing.
Where Nvidia stock will be in 5 years?
The most significant source of Nvidia revenue last quarter was gaming, generating almost 45% of its top line. The revenue for gaming has increased by 37% year over year to $3.4 billion, thanks to the increased demand for its GPU (graphics processing units) across notebooks and desktops.
According to Jon Peddie’s Research, Nvidia is in a strong position to corner most incremental sales in this market, with 83% of the discrete GPU market under its control. The GPU market is foreseen to clock tremendous growth over the next five years. The Allied Market Research estimates that the GPU market could attain 33.6% annual growth for the next five years and surpass $200 billion in value by 2027; Nvidia is not likely to loosen its hold over this space; thanks to its technology lead over rivals.
Nvidia’s hegemony in the GPU market should accelerate its growth over the next five years as the company is expected to release its new generation of gaming GPUs this year, which could result in more than twice the computing power of the current generations of cards.
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Is Nvidia a good stock?
Nvidia has benefited from the high demand for GPUs because of cryptocurrency miners. Essentially, GPUs are best for creating images, and they are also suitable for resolving the problems that result in the creation of cryptocurrency. Since cryptocurrency has become very important and valuable, there have been a lot of people purchasing GPUs to set up cryptocurrency mining rigs that are known to price other consumers out of the GPUs market.
Nvidia’s position as a maker of GPUs will continue to benefit from the said trend, as the demand for GPUs keeps increasing and people keep requesting more.
Nvidia stock forecast 2022
Nvidia stock forecast for the year 2022, 9 predictions are offered for each month of 2022, with an average Nvidia stock forecast of $278.51, a low estimate of $276.23 and a high estimate of $283.03. The average Nvidia stock forecast for 2022 represents a -2.81% decline from the last price of $286.559997558594.
Nvidia stock forecast 2023
Nvidia stock forecast for the year 2023, 12 predictions are offered for each month of 2023, with an average Nvidia stock forecast of $292.89, a low forecast of $283.44 and a high forecast of $297.06. The average Nvidia stock forecast for 2023 represents a 2.21% increase from the previous price of $286.559997558594.
Nvidia stock forecast 2024
Nvidia stock forcast for the year 2024, Nivda is predicted to generate $13,604,200,000 in earnings, with the highest earnings forecast at $14,432,500,000 and the lowest earnings forecast at $11,872,300,000.
Nvidia stock forecast 2025
Nvidia stock forecast for the year 2025, 12 predictions are offered for each month of 2025, with an average Nvidia stock forecast of $462.18, a low forecast of $356.27 and a high forecast of $616.1. The average Nvidia stock forecast for 2025 represents a 61.28% increase.
Nvidia stock forecast 2026
Jon Peddie Research approximated that its share of the graphics processing unit (GPU) market stood at 83% in the second quarter of 2021. Market research firm Omdia points out that Nvidia’s share of the data and cloud centre GPU market was over 80% in 2020.
It puts Nvidia in a solid position to grow its earnings and revenue quickly in the future. The GPU market is expected to hit $54 billion in revenue by 2026, compared to $23.6 billion in 2020.
Nvidia stock forecast 2027
Nvidia stock forecast for the year 2027 (5 year time), 12 predictions are offered for each month of 2027, with an average NVIDIA stock forecast of $2729.47, a low forecast of $1488.1 and a high forecast of $4215.12.
Nvidia stock forecast 2030
Nvidia stock forecast for the year 2030, 12 predictions are offered for each month of 2030, with an average Nvidia stock forecast of $2031.17, a low forecast of $1053.2 and a high forecast $3004.99.
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Conclusion:
Nvidia’s technical lead and massive revenue growth make it one of the best stocks you can invest your money in and make a good profit due to its increasing demand, and it is a stock with a promising future.
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