Nvidia (NASDAQ: NVDA) could be worth $8.5 trillion…
Sending shares 73% higher from the recent price of $202.
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Nvidia stock is still undervalued.
That’s according to Loop Capital.
The investment firm says NVDA could hit $350 per share.
They say Nvidia is about to double its GPU shipments over the next 12 to 15 months – reaching roughly 2.1 million units by the January 2026 quarter.
They also expect prices for those chips to keep climbing.
They did point out a few potential roadblocks the chipmaker could have.
For example, power limitations, data center real estate constraints, and possible government regulation that could impact revenue.
Still, they remain confident Nvidia’s momentum won’t slow.
As they explained in a new note to clients…
“In 12 months NVDA will still be in the midst of the Blackwell cycle ramp and investors will pay for that accordingly. We also believe that as investors digest what CY2027 shapes up to look like… it will be realized that $400 is ultimately in NVDA’s sights.”
Loop Capital’s NVDA price target suggests a potential gain of 73% in the next 12 months.
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