Is Nvidia Stock Going to $500?

By Neil Patel – Mar 20, 2026 at 4:07AM ESTKey PointsNvidia’s success is solely dependent on the massive artificial intelligence (AI)-related capital spending continuing. CEO Jensen Huang just announced a monster revenue forecast from Blackwell and Vera Rubin orders.Nvidia’s earnings growth and valuation provide favorable tailwinds that can lift this AI stock to $500 one day. Investors who purchased Nvidia (NVDA 0.87%) in 2016 made the decision of a lifetime. Shares of the leading artificial intelligence (AI) infrastructure company are up 22,690% just in the past 10 years (as of March 17). Nvidia has become the defining company of the 2020s. And the future looks bright. Is this leading AI stock going to $500 one day? Image source: The Motley Fool. Envision a world dominated by AI Nvidia shares would need to rise 173% from the recent price of $183 to reach $500. This is certainly a possibility, assuming the powerful trends that we've seen don't let up. Obviously, it depends largely on the massive AI-related investments to continue for the foreseeable future. This will occur if there's tangible evidence that AI spending, by the hyperscalers that make up Nvidia's customer base, is actually starting to generate adequate returns. There's no shortage of criticism that this is all wasteful spending. The jury is still out on what the future will bring. There are AI's strongest bulls, though, which seem skewed to the tech and venture capital industries, that believe the technology is going to fundamentally reshape the economy. This means that businesses will experience an unprecedented productivity boom, as most tasks, from knowledge work to physical labor, become completely automated. It's impossible to predict how everything will play out. But Nvidia CEO Jensen Huang just gave investors a trillion reasons to cheer. At the company's GPU Technology Conference, he revealed his expectation that there will be $1 trillion worth of orders for its Blackwell and Vera Rubin architectures through 2027, double last year's forecast. It's very easy to be bullish According to consensus estimates provided by Wall Street research analysts, Nvidia's revenue and earnings per share are projected to increase at compound annual rates of 36.5% and 39.4%, respectively, over the next three fiscal years. This is a very exciting outlook that can make any investor optimistic about Nvidia's future. What's more, the market might actually be underestimating the business. This AI stock is currently trading at a forward price-to-earnings ratio of 22.5. Investors might be thinking about the risk of a slowdown related to AI spending. Should any of Nvidia's customers decide that they want to operate with financial discipline and start to curtail their investments for whatever reason, it could set off a chain reaction that leads to a downturn. But based on growth projections and the current valuation, it's almost impossible not to be bullish about Nvidia over the next five years and beyond. ExpandNASDAQ: NVDANvidiaToday's Change(-0.87%) $-1.57Current Price$178.83Key Data PointsMarket Cap$4.3TDay's Range$175.79 - $179.9852wk Range$86.62 - $212.19Volume6.1MAvg Vol173MGross Margin71.07%Dividend Yield0.02% A matter of when, not if Investors betting on a $500 stock price must have a strong belief that AI progress will continue for a very long time, necessitating greater buying of Nvidia's chips. This is despite the possibility that there could be periods of cyclicality. That seems like a reasonable perspective to have, especially if you lengthen your time horizon. Therefore, I think it's only a matter of time until Nvidia gets to $500 per share.Read NextMar 19, 2026 •By Harsh Chauhan1 Artificial Intelligence (AI) Stock With Generational Wealth PotentialMar 19, 2026 •By Jack DelaneyPrediction: The Agentic AI Market Could Grow 10X by 2030.

This Stock Is Leading the Charge.Mar 19, 2026 •By Parkev Tatevosian, CFANvidia Stock Is Even More Undervalued Than I Previously ThoughtMar 19, 2026 •By Keithen Drury4 Monster Stocks to Hold for the Next 5 YearsMar 19, 2026 •By Anthony Di PizioPrediction: Nvidia Stock Will Be Worth This Much in 2 YearsMar 19, 2026 •By Justin Pope3 Artificial Intelligence (AI) Stocks You Could Hold ForeverAbout the AuthorNeil Patel is a contributing Motley Fool stock market analyst covering consumer staples, consumer discretionary, financials, information technology, and communication services. Prior to The Motley Fool, Neil worked in corporate finance roles at JPMorgan Chase and Capital One. He also has experience working on a start-up in the cryptocurrency space. He holds a bachelor’s degree in business administration with a specialization in finance from Ohio State University.TMFNeilPatelStocks MentionedNvidiaNASDAQ: NVDA$178.83(-0.87%)-$1.57*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.