The stock is trading at a record high but might still be cheap based on its potential future earnings. It will release its latest quarterly financial results on Nov. 20, and the company's own revenue forecast might be too conservative.

Nvidia (NASDAQ:NVDA) stock never seems to go too long without experiencing a sustained rally higher. Undoubtedly, only time will tell if NVDA shares will retain the multi-bagger gains that investors have enjoyed in 2024.

Nvidia (NASDAQ: NVDA) has been a top-performing stock for the past two years, and all signs point toward it delivering once again in 2025. However, its growth is also likely to slow, and seeing the stock triple again is not likely in the cards.

The more favored a stock is, the likelier it is to have a high market cap. However, most newer companies have lower market caps because they haven't even started growing. So, it's a combination of investor sentiment and a proven track record.

Nvidia has had a stellar run, recently hitting a record high and the stock's technical setup signals further upside by Christmas 2024.

Our writer takes a look at Wall Street's latest price targets for Nvidia stock, as well as the third-quarter earnings forecast. The post Will Nvidia stock keep soaring? Here’s what the experts say appeared first on The Motley Fool UK.

In fact, fellow Dow newbie Sherwin-Williams Co. with a market cap of $97.67 billion, is nearly three times more influential. Read: Nvidia to replace Intel in the Dow, underscoring

Amidst a historic bull run, the question on most retail investors’ minds is what Nvidia share price will be by the end of the decade.

World’s most valuable company Overtakes Apple Most popular stock of 2024 As Nvidia’s stock market value hit $3.65 trillion on Thursday to make it the world’s most valuable company, so shares are in hot demand among retail investors in the Gulf.