NVDA
The numbers are getting silly
Nvidia is already the largest company on the planet, but Wall Street keeps treating it like it’s still warming up. After the company’s blockbuster earnings, analysts lifted targets across the board, and Raymond James tossed out a $515 price target — the highest among major brokerages.
Why this matters to you
At roughly $226 a share, that target implies a market cap around $12.5 trillion. Translation: Nvidia could add almost $7 trillion in value, which is basically the equivalent of creating about 14 Intel-sized companies out of thin air. That’s not a stock prediction so much as a reminder that the AI trade has turned into a heavyweight fight with no obvious end bell.
The AI thesis is still doing pushups
CEO Jensen Huang doubled down on the idea that AI demand is expanding beyond model training and into inference, agentic AI, enterprise computing, and robotics. He also said frontier AI players like OpenAI and Anthropic should stay Nvidia customers “for a very long time,” which is corporate speak for: the pipeline still looks fat.
Big picture
You don’t have to believe Nvidia hits $515 to see why investors keep piling in. The company has become the market’s favorite proof that the AI boom still has legs — and maybe a whole second season.