Prediction: Nvidia Stock Could Be Worth This Much by January 2028
Nvidia is calling for 70% revenue growth for fiscal 2028.
Nvidia stock has experienced a 17.3% gain so far this year, which may seem modest compared to the dramatic growth the company once achieved during earlier phases of the AI revolution. However, analysts now forecast a substantial 70% revenue growth for fiscal 2028, potentially bringing the company's sales to $700 billion. This estimate stems from Nvidia's ability to meet component demand, as supply chain limitations prevent it from scaling beyond this level.
The company has a few growth engines driving its outlook: the hyperscaler segment, driven by aggressive spending from major cloud providers, and the ACIE segment, which includes AI clouds, industrial customers, and sovereign enterprises. The latter has shown impressive growth, particularly as more industries adopt AI technologies.
Nvidia's next-generation Vera Rubin platform and new CPUs designed for agentic AI workloads are expected to boost demand further. With these developments, analysts predict Nvidia's stock price could potentially reach $512, representing a 72% to 127% increase from its current price of $225.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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