NEWS | A Raymond James analyst said this week that Nvidia could reach 1 trillion dollars in annual revenue by fiscal year 2029, and raised his price target on the stock by 46 percent as a result. That would mean Nvidia's yearly sales growing from an expected 403 billion dollars in fiscal 2027 to roughly 686 billion in fiscal 2028, then jumping again to hit the trillion dollar mark the year after.
This is a different number than the one Nvidia's own CEO has talked about. Jensen Huang has said the company expects at least 1 trillion dollars in total revenue from its Blackwell and Vera Rubin chip lines added up through 2027, that is a multi year cumulative figure, not one single year of sales. The analyst prediction is specifically about Nvidia crossing 1 trillion dollars in a single fiscal year, a much bigger and later milestone.
BMN sees this as a sign Wall Street's expectations keep climbing faster than even Nvidia's own guidance. Current market estimates already sit around 750 billion dollars for fiscal 2029, so this analyst is pushing the number 250 billion dollars higher than what most of Wall Street already expects.
That kind of gap matters because it shows how much of Nvidia's stock price now depends on demand that has not happened yet. Nvidia is already the most valuable public company in the world, and predictions like this one keep pricing in years of growth most companies never come close to reaching even once.
So if hitting 1 trillion dollars in a single year requires multiple years of nearly 50 percent growth back to back, is Wall Street pricing in Nvidia's future, or just betting on it?
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