Analyst sees Nvidia's value more than doubling to $13 trillion

Aug 28, 2026

Wall Street is turning even more bullish on Nvidia after blowout results, which is good news for its shareholders and for CEO Jensen Huang's fortune.

  • A Raymond James analyst lifted his Nvidia price target sharply, implying the company could more than double in value to $13 trillion.
  • Sales doubled from a year ago, but what excited investors most was the forecast for another 70% growth in the following year.
  • Data center and edge computing revenue both beat expectations, and next quarter's sales should top $100 billion for the first time.
  • Nvidia is handing money back to shareholders fast, with tens of billions going to buybacks and dividends in a single quarter.
  • The stock jumped almost 9% in a day, adding roughly $440 billion in value — its second-biggest one-day gain ever — and Huang's net worth now ranks sixth in the world.

Outlook: Nvidia stays the world's most valuable company, and the next test is whether AI chip demand can keep up with the growth already priced in.

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