Shares of semiconductor giant Nvidia Corp. maintain powerful upside potential after the artificial intelligence revolution propelled the US chipmaker to the position of the world’s largest public company. Maximum price targets from Wall Street analysts suggest a surge in share value to an unprecedented mark that more than triples current levels.

Nvidia shares are currently trading around $205 per piece (adjusted for past stock splits), providing the company with a massive market capitalization of approximately $5 trillion.

The company’s recent stock price, under an aggressive growth scenario reaching the target mark of $743, could give Nvidia an unprecedented market valuation of over $15 trillion. Reaching this milestone within the next 12 months would require a significant expansion of its P/S multiple, which currently stands at around 20 times trailing sales—a feat that may prove challenging to sustain in the short term.

Nvidia overcame the model-training phase and is preparing for the next stage of the AI supercycle by launching its next-generation platform, Vera Rubin, into full production. CEO Jensen Huang expects total orders for the Vera Rubin and Grace Blackwell architectures to hit $1 trillion by 2027. This massive pipeline will secure colossal revenue growth for the company, whose sales over the past 12 months have already reached a record $253.5 billion, prompting 94% of surveyed analysts to rate the stock as a buy.