BestBrokers forecasts which of the current trillion-dollar giants might be the first to cross the $4 trillion milestone.
Nvidia became the third company to surpass the $3 trillion mark after Apple and Microsoft – at one point claiming the title of the world’s most valuable company with its market cap reaching an astounding $3.34 trillion fuelled by the booming AI market.
Inspired by Nvidia’s success, which was little known outside of tech circles just two years ago, the team at BestBrokers set out to forecast which of the current trillion-dollar giants might be the first to cross the $4 trillion milestone.
The team took their market capitalisations as of July 29, 2024, and projected future values based on their historical average growth rates since 2022.
The calculations revealed that among the current trillion-dollar club members, Nvidia is the only company on track to achieve a $4 trillion market cap within the next year – despite a sudden drop in its shares as fears of a recession triggered a global market sell-off.
Meanwhile, Microsoft and Apple are projected to reach this milestone by 2026 – well before Google which is not expected to reach this valuation until mid-2031.
Though Nvidia emerges as is the frontrunner, BestBrokers acknowledges the possibility of a lesser-known company surprising the market and become the first to reach a $4 trillion valuation – pointing out that few would have predicted Nvidia’s remarkable surge back in 2022, considering its market cap was only $364.18 billion then.
The BestBroker calculations show that Microsoft is likely to be the second company to reach a $4 trillion valuation. With a current market cap of $3.16 trillion – $379 billion more than Nvidia – and an average annual growth rate of 13.44%, Microsoft is expected to achieve this milestone by mid-2026 with Apple likely the next to follow should its growth continue at a similar pace, while Meta Platforms (META), better known by its former name, Facebook, is projected to hit the $4 trillion milestone by early August 2027.
Google, with a market cap of $2.065 trillion and an average annual growth rate of 10.23%, is anticipated to be the last to reach $4 trillion, likely by early May 2031.