When Will Nvidia Stock Hit $300? Blackwell Demand Fuels Rally

When will NVDA Stock Hit $300
Source: Getty Images

When will Nvidia stock hit $300 is, right now, one of the most searched questions among retail and institutional investors. At the time of writing, NVDA trades around $207, and the average analyst price target across 60 analysts tracked by S&P Global Market Intelligence sits at $269.17. The mean consensus is a Buy. The high target reaches $380. The NVDA price target of $300, in other words, is not being treated as a ceiling. It is being treated as a waypoint on a longer road.

Evolution of the Average Target NVIDIA
Chart showing NVDA price vs. average analyst target from Jul 2021 to Apr 2026, with the target line approaching $300
Source: Market Screener

NVDA Price Target, Nvidia Stock Forecast for 2026, 2027 & 2030 Outlook

Nvidia Stock Forecast for 2026, 2027 & 2030
Source: JFT

Revenue Growth & The Path to $300

The Nvidia stock forecast for 2026 looks the way it does for one reason above all others: revenue growth that most companies would not hit across an entire decade. Nvidia went from $27 billion in FY2023 to nearly $216 billion in FY2026, close to 8x in three years. Consensus forecasts now point to $480 billion by FY2028. At a 20% growth rate through 2029, revenue could clear $575 billion. That trajectory is what keeps the question of when will Nvidia stock hit $300 on every analyst’s desk right now.

Jensen Huang had this to say at the annual GTC developer conference:

“I expect Nvidia to hit $1 trillion in revenue from its Blackwell and Rubin chips alone through 2027.”

Analysts had been projecting $965 billion in total data center revenue over that same window, which means Huang’s outlook exceeded Wall Street’s own numbers at the time. A big part of that confidence comes from Blackwell. Demand for Nvidia’s Blackwell architecture chips has been, by most accounts, the primary force fueling the current rally. Hyperscalers like Microsoft and Google keep ordering Blackwell-based hardware at a pace that surprised even Nvidia’s own supply chain. Blackwell demand also pushed Nvidia’s data center revenue to record levels in FY2026, and the next-generation Vera Rubin architecture is already in the pipeline to succeed it.

Companies that built their training infrastructure on Blackwell face significant switching costs through the CUDA ecosystem, which means Blackwell demand is not a one-cycle story. It locks customers in for the long run, and that stickiness is a core reason analysts keep raising the NVDA price target.

Margins and The Nvidia Stock Prediction for 2027 Math

Net margins reached 54% in FY2026, up from 31% in 2023. AMD runs margins at around 20% by comparison. Trefis analysts put it this way: combine $575 billion in projected revenue with a 52% net margin and you get around $300 billion in net income, roughly 2.5 times what Nvidia reported in FY2026. Apply a trailing P/E of 25x to that figure and the market cap comes out near $7.5 trillion. That also implies about 50% upside from current prices.

Cisco trades at around 22x trailing earnings. Microsoft trades at over 27x. A 25x multiple on Nvidia, given its position across the AI stack, looks conservative by those standards. The Nvidia stock prediction 2027 is grounded in this kind of math, not just optimism.

What Will Nvidia Stock Be Worth in 2030?

On the question of what will Nvidia stock be worth in 2030, analyst estimates range from around $370 at the conservative end to $900 or higher in aggressive models. A 25% revenue CAGR from the FY2026 base pushes revenue past $527 billion within four years. Even with some compression in the price-to-sales ratio from its current level near 20, the math still gets NVDA to $300 well before 2030. Two structural drivers also support this. The first is the shift from AI training to recurring inference demand, where companies built on Nvidia’s CUDA ecosystem face huge switching costs from years of optimized code. The second is Sovereign AI: government-funded AI infrastructure that tripled Nvidia’s sovereign revenue to over $30 billion in FY2026 alone. Hyperscalers are also expected to spend $690 billion on AI infrastructure in 2026.

Analysts’ Consensus table: 60 analysts, average price target $269.17, high target $380.00, mean consensus BUY
Source: Market Screener

Export restrictions, geopolitical disruptions, and a slowdown in hyperscaler capital spending cycles could all push the timeline out for when will Nvidia stock hit $300. But with the NVDA price target average already at $269 and the high target at $380, the Nvidia stock forecast for 2026 and beyond suggests $300 may arrive sooner than most people expected a year ago.