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Nvidia Stock-Split: 2 Years and $1.5 Trillion Later, Can It Reach $1,200 Again? [Globe and Mail, The (Toronto, Canada)]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
For Nvidia to reach $1,200 per share again -- a sixfold gain from current levels -- the stock would need to compound at roughly 20% annually over 10 years or 13% annually over 15 years. While Wall Street expects Nvidia's revenue to surge past $480 billion by fiscal 2028, eventual growth deceleration and multiple compression could easily extend the timeline to $1,200 per share to 15 to 20 years. On June 7, 2024, Nvidia (NASDAQ: NVDA) closed just above $1,200 per share. The next trading day, shares opened just above $120 per share after the company executed a 10-for-1 stock split. Nearly two years later, Nvidia has added nearly $2 trillion in market cap, growing from roughly $3 trillion at the split to $4.9 trillion today, and shares trade around $202 -- up more than 67%. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
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