NVDA
NVIDIA Corporation
NASDAQ: NVDA · TECHNOLOGY · SEMICONDUCTORS
$205.19
+0.16% today
Updated 2026-06-12
Market cap
$5.40T
P/E ratio
34.12
P/S ratio
21.29x
EPS (TTM)
$6.53
Dividend yield
0.02%
52W range
$139 – $237
Volume
163.6M
NVIDIA Corporation (NVDA) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed NVDA price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$205.19
Today
Analyst consensus
$279.06
+36.00% · 12M
2030 Base
$731.22
+256.36% future
NPV today
$419.16
@ 13% WACC
61 analysts:
52 Buy2 Hold1 Sell
Management guidance
Jensen Huang announced $1 trillion in Rubin CPU orders, signaling massive multi-year revenue opportunity beyond current guidance. NVIDIA's FY2026 (ending Jan 2026) revenue of $215.94B represents 65.47% YoY growth, with FY2027 (ending Jan 2027) consensus at $375.73B (+74% growth). Management has indicated sustained demand from hyperscalers' multi-year AI infrastructure commitments, positioning NVIDIA for continued triple-digit-billion-dollar revenue run rates through 2028.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
NVDA · NVIDIA Corporation · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$424.10
NPV today: $243.11
Base case (2030)
$731.22
NPV today: $419.16
Bull case (2030)
$906.72
NPV today: $519.76
WallStSmart.com
NVDA financial forecast · Research-backed projections
| Metric | 2026 | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|
| Revenue | $215.9B | $555.0B | $747.5B | $920.0B | $1068.0B |
| Revenue growth | 65.5% | 47.7% | 34.6% | 23.1% | 16.1% |
| Net margin | — | 54.7% | 54.8% | 54.7% | 54.7% |
| EPS | $1.87 | $12.50 | $16.85 | $20.70 | $24.00 |
| Diluted shares | — | 24269M | 24293M | 24318M | 24342M |
| Net debt | — | $-218.75B | $-353.37B | $-519.05B | $-711.38B |
| P/S multiple | — | 22.0x | 19.0x | 18.0x | 16.0x |
| Implied price (base) | — | $512.12 | $599.17 | $702.33 | $731.22 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $1068.0B | $1068.0B | $1068.0B |
| P/S multiple | 9.0x | 16.0x | 20.0x |
| Diluted shares | 24342M | 24342M | 24342M |
| Net debt | $-711.38B | $-711.38B | $-711.38B |
| Implied P/E † | 18x | 31x | 38x |
| 2030 Price | $424.10 | $731.22 | $906.72 |
| NPV @ 13% | $243.11 | $419.16 | $519.76 |
† Implied P/E: Multiples remain elevated across all three scenarios because NVDA is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $731.22 base case
NVDA catalysts and risks
Growth catalysts
+ Rubin CPU architecture ramp (Jensen's $1T order book validates demand through 2028-2029)
+ Hyperscaler capex acceleration (Meta $60B+, Microsoft $80B+ AI investments flow directly to NVIDIA)
+ New product transitions (Vera, next-gen Blackwell derivatives) maintaining margin leadership
+ International expansion and non-US customer diversification reducing geopolitical risk
+ Data center inference workload scaling (currently <20% of revenue, massive TAM ahead)
Key risks
- Competitive pressure from custom silicon (Meta MTIA, Google TPU, AMD MI-series GPU gains)
- US export controls to China tightening further, reducing addressable market by 10-15%
- Customer concentration risk (hyperscalers represent >60% of revenue; single customer capex pullback catastrophic)
- Valuation contraction if AI capex cycle falters or sentiment shifts to 'AI disappointment'
- Law of large numbers: scaling from $375B to $1T+ revenue inherently decelerates growth; execution risk on maintaining 25%+ CAGR at scale
Methodology · NVIDIA Corporation 2030 stock forecast model
NVIDIA Corporation 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 61 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (0% cumulative for NVDA by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-711.38B by 2030) |
| 3. Time value | NPV calculated using 13% WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 9.0x / base 16.0x / bull 20.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
NVDA price target FAQ
What is the NVDA price target for 2030?
WallStSmart's NVIDIA Corporation 2030 base case is $731.22 per share, with a bull case of $906.72 and bear case of $424.10. The NPV of the base case discounted to today at 13% WACC is $419.16.
How is the NVIDIA Corporation 2030 stock forecast calculated?
The NVDA 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the NVDA price target account for dilution?
NVIDIA Corporation is projected to grow diluted share count from 24221M to 24342M by 2030 (a 0% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 0%.
What is the analyst consensus on NVDA stock?
61 analysts cover NVDA with an average 12-month price target of $279.06. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.