$NVIDIA(NVDA)$ Nvidia gained a staggering $2 trillion in market value last year amid the market's continued frenzy for artificial intelligence, and yet, the stock may have even more room to climb amid a flurry of catalysts in the coming year, according to Wall Street forecasters.

Shares of the chip giant climbed 178% in 2024, making the company the third-best-performing stock in the S&P 500.

Despite its dizzying valuation, Wall Street is still feeling bullish on the AI chipmaker, with analysts rolling out steadily higher price targets on bets the firm can continue to grow.

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