Nvidia’s Stock Price Outlook for 2028 Based on Financial Forecasts

Nvidia (NVDA) has experienced explosive growth since its AI-driven GPU dominance in 2023, with revenue surging 1,490% and net income jumping 4,120%. The company’s market cap now exceeds $5.33 trillion, making it the world’s largest public company. CEO Jensen Huang provided a full-year forecast predicting 70% revenue growth in 2028, potentially pushing profits to $447 billion and stock price to $519 by year-end. Analysts note Nvidia’s CUDA platform gives it a competitive edge in AI processing, while rising memory costs may temporarily impact margins. Despite these challenges, the company’s strong track record of beating earnings estimates suggests its growth trajectory remains robust. The article highlights both optimistic projections from internal forecasts and external analysts like Gene Muster, who predicts 90% revenue growth. Nvidia’s stock currently trades at a P/E ratio of 28, with attractive valuations relative to forward earnings.