By Harsh Chauhan, The Motley Fool
Publication Date: 2026-04-19 16:44:00
Shares of artificial intelligence (AI) chip pioneer Nvidia (NASDAQ: NVDA) have hit a plateau in the past six months. The semiconductor giant’s stock price has retreated nearly 4% from the 52-week high it reached in late October, which is quite surprising given that the business continues to deliver phenomenal growth each quarter.
Nvidia became the world’s first $5 trillion company in October. However, its tepid stock market performance since then has brought its market cap down to $4.8 trillion. But it won’t be surprising to see Nvidia stock step on the gas once again and jump significantly in the coming year. That’s what the consensus among Wall Street analysts seems to be.
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In fact, Nvidia’s market cap could exceed $6 trillion in the coming year.
Among the 70 analysts covering the stock, Nvidia has a 12-month median price target of $267.50. That’s 33% higher than Friday’s closing price. If Nvidia indeed meets its median price target over the next year, its market cap could increase to $6.5 trillion.
What’s more, Nvidia stock is rated a buy by 93% of the analysts covering it. So Wall Street seems bullish about Nvidia’s prospects in the coming year. That’s not surprising, as the stock’s pullback in recent…
