Prediction: 1 Unstoppable Stock to Buy Before It Soars 369%, According to a Certain Wall Street Analyst

Core Viewpoint - Despite some investor caution regarding AI stocks, a Wall Street analyst has significantly increased their price target for Nvidia, predicting it could become a $20 trillion company by 2030 [1][3]. Company Performance - Nvidia has experienced remarkable growth over the past decade, with revenue and net income increasing by 3,970% and 15,320%, respectively, leading to stock price gains of 21,640% [5]. - In the fiscal 2026 third quarter, Nvidia reported record revenue of $57 billion, a 62% year-over-year increase and a 22% sequential increase, with earnings per share (EPS) of $1.30, up 67% [6]. - The data center segment is a key growth driver, with sales reaching $51.2 billion, a 66% increase, indicating strong ongoing demand for AI [7]. Market Outlook - Nvidia's management forecasts fourth-quarter revenue of $65 billion, representing a 66% year-over-year growth at the midpoint of guidance [7]. - Initial projections for AI spending in 2025 were $250 billion, which have now increased to $405 billion, suggesting a bullish outlook for Nvidia's growth [8]. - Nvidia commands an estimated 92% market share in the data center GPU space, positioning it well to benefit from increased AI capital expenditures [9]. Growth Projections - Nvidia's current market cap is approximately $4.3 trillion, requiring a 369% stock price increase to reach the $20 trillion target [10]. - Wall Street projects annual revenue growth of 31% for Nvidia over the next five years, with a need for 34% growth to achieve $1 trillion in revenue by 2030 [11]. - Analyst Beth Kindig has doubled her market cap expectations for Nvidia to $20 trillion, citing a projected 36% annual growth in data center revenue over the next five years [12]. Investment Considerations - Nvidia is currently trading at 23 times next year's sales, with expected revenue growth of 48% to $316 billion [14].