Is Nvidia About to Score a $6 Trillion Market Cap? David Marino-Nachison Wed, October 7, 2026 at 10:17 AM EDT 2 min read NVDA -0.90% AAPL +0.52% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Shares of Nvidia have rallied to record highs recently, bringing the company's market capitalization closer to $6 trillion.
To hit that milestone, we calculate Nvidia's stock would need to reach $248.48, less than 4% above yesterday's close.
Nvidia wasn't the first $3 trillion company. But it might be the first one to double it.
Shares of the chip giant opened down 1%, backing off recent record highs, which as of last night's close had its market value at about $5.8 trillion, the highest around. (Second on the list remains Apple, the first to top $3 trillion and only other company to crack $5 trillion, which it did in July. Nvidia got there last October.)
The stock's latest climb—it's up nearly 30% this year—now has it within view of $6 trillion. Our calculations have the magic number at $248.48, less than 4% above yesterday's close.
Big numbers like these used to be hard to envision; there weren't any $1 trillion U.S.-listed companies at all before 2018, when Apple got there. Now there are nearly 20. One of them, SpaceX, arrived on public markets that way this June; Anthropic, is expected to do the same if its IPO lands this year as expected.
Heck, Nvidia's current buyback plan—the company recently extended the amount it's authorized to repurchase through 2028 to $235 billion—is bigger than most of the companies in the S&P 500.
For now, this has been good news for many investors, including the passive ones who mostly deal in index funds and don't mind a few companies dominating the measures that underpin the investments to which their money generally flows. But the question remains: How long can this last?
Read Investopedia's full coverage of today's trading here.
