| Market Cap | Date | Sessions Taken |
|---|---|---|
| $1 Trillion | May 30, 2023 | — |
| $2 Trillion | February 23, 2024 | 186 |
| $3 Trillion | June 5, 2024 | 70 |
| $4 Trillion | July 9, 2025 | 272 |
With this, Nvidia is now worth over 7.5% of the entire S&P 500. The stock’s market cap is higher than the Gross Domestic Product (GDP) of most of the global countries. In case Nvidia happened to be a country, it would be the fifth largest country in the world in terms of GDP size, following the US, China, Germany and Japan. The company’s market capitalisation is almost at par with the Indian economy.
| Country | GDP Size ($Trillion) |
| US | 29.18 |
| China | 18.7 |
| Germany | 4.66 |
| Japan | 4.29 |
| Nvidia (Market Cap) | 4 |
| India | 3.91 |
Shares of Nvidia have recovered 88% from the tariffs lows that it had made in April this year.
At it current size, Nvidia is the equivalent of 30 HDFC Banks, 37 TCS’ and 22 Reliance Industries’ individually. The three companies are the largest Indian companies in terms of market cap.Since 2013, Nvidia’s shares have delivered negative returns only twice, back in 2018 and in 2022, when the stock had halved. Its average return over the last 15 years, on an annual basis, has been 70%.
The stock, in the last six years, has doubled in four of them, barring 2022 and this year, when the stock is up 22%.
| Year | Returns |
| 2020 | 122% |
| 2021 | 125% |
| 2022 | -50% |
| 2023 | 239% |
| 2024 | 171% |
| 2025 (YTD) | 22% |
Nvidia has been grappling with some challenges in the recent past, particularly due to the issues between US and China, which has completely cut off a $50 billion market for the company, according to its founder and CEO Jensen Huang.The company had to take an inventory write-down in the first quarter and has also warned of an $8 billion hit due to these issues in the ongoing quarter as well.
Slowing revenue growth is another challenge that the street has to come to terms with, albeit the definition of slowing here is a 69% revenue growth in the first quarter, when the last few quarters has seen the company grow in excess of 100% compared to the previous year.
| Quarter | Revenue Growth |
|---|---|
| Q2 fy24 | 101% |
| Q3 FY24 | 205% |
| Q4 FY24 | 265% |
| Q1 FY25 | 262% |
| Q2 fy25 | 122% |
| Q3 FY25 | 93% |
| Q4 FY25 | 78% |
| Q1 FY26 | 70% |
Out of the 78 analysts that have coverage on Nvidia, 68 of them have a “buy” rating on the stock, nine say “hold”, while one solitary analyst has a “sell” rating. Consensus estimates project another 7.3% upside for the stock on average.
Shares of Nvidia ended 1.8% higher at $162.88.
