By Manali Pradhan, CFA, The Motley Fool
Publication Date: 2025-12-11 13:28:00
Nvidia may pleasantly surprise analysts and investors in the next few years.
Nvidia (NVDA 0.65%) has delivered phenomenal growth powered by artificial intelligence (AI) over several years. I contend that the company could reach annual revenue as high as $1 trillion by the end of this decade (fiscal year 2031 ending January 2031).
Here are some factors that support the claim.
Image source: Getty Images.
Growth catalysts
Analysts expect Nvidia’s fiscal 2026 revenue to be around $213 billion. To hit annual revenue of $1 trillion in fiscal 2031, the company has to grow revenue at a compounded annual growth rate of roughly 36% for the next five years.
My projection exceeds Wall Street’s consensus revenue estimate of $550.5 billion for fiscal 2031, but I believe it is plausible if you factor in the very real possibility Nvidia’s data center business will grow at a pace similar to that of global AI capex.
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Management has already noted $500 billion worth of demand for Nvidia’s Blackwell and Rubin system orders this year and next. Of this, $150 billion worth of orders have already shipped. Nvidia also signed multi-year, high-value deals with Anthropic and the Saudi Public Investment Fund’s AI company HUMAIN, which represents additional multi-billion-dollar demand.
Besides this multi-year…
