Nvidia (NASDAQ: NVDA) Bull, Base, & Bear Price Prediction and Forecast (Nov 7)

Core Viewpoint - Nvidia has shown resilience in its stock performance despite challenges from the trade war with China and economic uncertainties, recently reaching all-time highs and becoming the first company with a $5 trillion market cap [2][4]. Group 1: Nvidia's Market Position - Nvidia controls approximately 80% of the AI accelerator market through its H100/H200 GPUs and CUDA software ecosystem, making it difficult for customers to switch suppliers [7]. - The company's data center revenue has increased significantly, from $4.3 billion in Q1 2023 to over $35.6 billion in Q4 2024, indicating strong growth potential [8]. - Nvidia has maintained industry-leading gross margins at 73% in Q4 FY2025, despite concerns about competition [9]. Group 2: Stock Price Predictions - In a bull case scenario, Nvidia's stock price could reach $491 per share by 2030, representing a 161.1% increase from current levels, with an estimated market cap of $12 trillion [10][11]. - The base case predicts a stock price of $265 per share, with data center revenue projected to grow at a 25% CAGR to $351 billion by 2030 [12]. - The bear case suggests a potential drop to $38 per share if the AI narrative fails, which would still leave Nvidia with a valuation of $932 billion [15][16].