Nvidia Stock Forecast for 2040 & 2050: How High Can It Go?

By Iyiola Ogunjobi

Nvidia S&P 500 2040

Nvidia (NVDA) is a world leader in designing and developing graphics and computational technologies, with an estimated market capitalization of over $3.2 trillion. The company operates through two main business segments: Graphics and Compute & Networking. With these segments, the company provides graphic solutions for gaming, data centers, artificial intelligence, and the automotive industry.

Nvidia owns and innovates several key technologies that consumers and businesses utilize on a regular basis. These technologies include GeForce GPUs, CUDA parallel computing, and TensorRT for deep learning. By delivering outstanding performance and continual innovation, Nvidia has fueled consistent growth and created value for customers and shareholders alike.

Now, let’s explore Nvidia’s stock price forecast for 2040 and 2050, as well as factors that could influence the stock’s future growth.

Key takeaways:

  • We created two forecast scenarios for Nvidia’s potential price, each with a different annual growth rate: 5% yearly growth, historical S&P 500 ROI (9.25%), and historical QTEC ROI (15.48%)
  • Based on these scenarios, the stock prices forecast for 2040 range between $274 and $1,142.
  • According to the CoinCodex price prediction algorithm, Nvidia stock is expected to decline in 2025 and 2026.
  • Growth drivers include Nvidia’s leadership in AI, graphics processing, and emerging platforms like the metaverse, autonomous vehicles, and data centers.

Here’s an overview of Nvidia stock’s price prediction under different growth scenarios.

  2026 2030 2040 2050
Nvidia Stock Forecast (5% yearly growth) $139 $168 $274 $447
Nvidia Stock Forecast (S&P 500 historical 9.25% ROI)* $144 $205 $497 $1,204
Nvidia Stock Forecast (QTEC historical 15.48% ROI)* $152 $271 $1,142 $4,818

Based on the NVDA stock price of $131.93.
*S&P 500 has averaged 9.25% compounded annualized returns over the past 50 years, and QTEC 15.48% over the trailing 10-year periods, respectively.

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Nvidia stock price history

Nvidia (NVDA) first launched its stock on the Nasdaq exchange on January 22, 1999, at an initial price of $12 per share, raising over $63 million in its IPO. Since then, the company has experienced tremendous stock growth, undergoing four splits in 2000, 2006, 2007, 2023, and most recently in 2024, which saw the shares being split 10 to 1 – you can check our stock split calculator to see how that might have impacted investors’ NVDA holdings.

Despite its overall upward trajectory, Nvidia’s stock has weathered challenges like the dot-com crash of 2000-2001, which saw shares plunge 83% from the March 2000 peak to the September 2001 trough. However, the stock rebounded steadily throughout 2002. More recently, Nvidia enjoyed a prolonged bull run from 2016 until early 2024, when it went on an impressive +11,800% run. Currently, NVDA is selling at $132 per share.

Nvidia stock forecast for 2040

Nvidia’s stock price prediction for 2040 is uncertain and depends on many factors, such as market conditions, competition, and global events. However, one way to estimate the future value of Nvidia’s stock is to look into its historical performance or the overall stock market. You can also use various ways and models. For example, you can also use our profit calculator to estimate how much money you could make by investing in Nvidia based on your starting investment.

Instead of going for the more modest 5% yearly growth rate, we’ll be using the S&P 500’s historical 9.25% annual growth rate, which is closer to the average growth of the world economy. We can project that Nvidia’s stock price could reach about $274 per share by 2040 by following this growth rate, which would be more than double the current price.

Meanwhile, the tech-focused QTEC index boasts a historical average annual return of 15.48% over the past 10 years. If Nvidia’s stock were to grow at the same rate as the QTEC index until 2040, Nvidia’s stock price could reach $1,142 per share by 2040.

Nvidia QTEC 2040

Nvidia stock forecast for 2050

If we retain our previous 2040 prediction’s assumption of 9.25% annual Nvidia revenue and earnings growth, we can extrapolate this scenario further out to estimate the stock price in 2050.

Nvidia’s share price could reach approximately $447 by the year 2050 if the stock maintains a 9.25% annual growth trajectory over the next two and a half decades. This would represent substantial appreciation from current levels based on our initial 2040 forecast scenario extended through 2050.

Nvidia SP 500 2050

Applying the QTEC’s 15.48% historical average annual return to Nvidia would result in a potential 2050 stock price of $4,818. A quick stock profit calculation shows that that would yield a massive $4,686 return on a single share bought at today’s prices. We should also note that this type of growth is highly unlikely, as it would mean that Nvidia’s market cap would be 36x larger than its current market cap of over $3.2 trillion.

Nvidia QTEC 2050

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Nvidia’s potential catalysts for growth

Nvidia is strongly positioned to be a prime enabler of the emerging metaverse and virtual worlds, representing immense revenue opportunities in the coming years. Through the ongoing advancement of its Omniverse platform for simulating and collaborating within 3D environments, Nvidia has managed to address a metaverse market that could generate billions in annual value by 2030. Capturing even a fraction of this projected market would massively compound Nvidia’s top and bottom lines.

Furthermore, Nvidia is rapidly growing its automotive technology footprint through its Drive platform and partnerships with automakers such as Mercedes-Benz, Toyota, and Volvo. By providing AI, data processing, infotainment, and automation technologies to power next-gen vehicles, Nvidia expanded its automotive revenue pipeline from $8 billion in 2020 to $11 billion in 2021. As autonomous and software-defined vehicles go mainstream in the 2020s, Nvidia is well-placed to be the AI brain powering the future of transportation.

Additionally, Nvidia’s entrenched position providing GPUs and Grace CPUs to data centers also foretells strong growth as demand surges for accelerating AI workloads, machine learning models, and other data-intensive applications. With data center revenue targeted for 30% CAGR through 2025 amid booming cloud infrastructure investment, Nvidia enables and benefits from AI and big data growth trends, making it one of the best stocks overall.

The competition is not sleeping

Although NVIDIA has established itself as the leading AI stock thanks to its significant advantage when it comes to producing hardware for use in AI applications, its position as the king of AI infrastructure is not guaranteed. In late January 2024, China-based AI project DeepSeek shocked the U.S. stock market when it released an LLM model that outperformed most existing models on key AI benchmarks while supposedly only requiring a fraction of the cost to train and operate.

As the market reacted to DeepSeek, NVDA shares took a tumble from $142 to a local low of $117.80, which was a 17% drop in a single day. The company’s market capitalization decreased by over $500 billion during the sudden price crash.

While DeepSeek’s claims of the costs incurred by their AI model are yet to be fully verified, the success of DeepSeek has shaken investors’ confidence in the valuation of NVIDIA, since it’s possible that the market has overestimated the hardware requirements of running competitive AI models. 

Nvidia price prediction for 2025 & 2026

According to our NVDA stock forecast, Nvidia stock is expected to see a gradual decline in 2025 and 2026. Per the prediction, NVDA is forecasted to drop to $105 by January 2026. 

Please keep in mind that our stock price forecasts are solely based on historical price data and current market conditions, and don’t take any fundamental factors into account. 

The bottom line

If Nvidia maintains leadership in AI, graphics, and key emergent immersive platforms like the metaverse over the next quarter-century while also capitalizing on booming autonomous vehicle adoption and surging demand for data center GPUs to power real-time experiences, the company seems positioned to sustain robust revenue growth and stock price exponential upside through 2040, 2050 and potentially beyond.

If you are looking to invest in Nvidia stock, check out our article explaining the step-by-step guide on how to buy Nvidia stock. You can also read our forecasts for how high Google and Rivian stock prices could go in 20 to 30 years.

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