1 Stock-Split Artificial Intelligence (AI) Stock Up 1,080% in 4 Years to Buy Now, According to Wall Street
Is Nvidia's 1,080% Surge Just the Beginning?
Nvidia's shares have surged by 1,080% over four years, significantly outperforming the S&P 500. The company has executed a 4-for-1 stock split and plans another 10-for-1 split to make shares more affordable, although this does not alter the company's market value.
Wall Street remains bullish on Nvidia, with 90% of analysts recommending a buy. The company dominates the data center GPU market, particularly in AI applications, and is expected to continue strong growth driven by demand for generative AI systems. Nvidia's comprehensive approach spans GPUs, CPUs, networking platforms, and software development tools, maintaining its competitive edge in AI technologies.
What percentage of Wall Street analysts currently recommend buying Nvidia stock, and what is their median price target for the stock?
What has been the percentage increase in Nvidia's share value over the past four years?
Over the past four years, Nvidia's share value has increased by 1,080%. This substantial growth means that an investment of $10,000 made in Nvidia in May 2020 would have grown to be worth $118,000 by now. This performance significantly outstrips the broader market, as represented by the S&P 500, which returned 91% during the same period.