4 Companies on Track To Hit $4 Trillion Market Cap
Written by
Andrew Lisa
Edited by
Zuri Anderson
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Market capitalization, or market cap, is the combined value of a company’s publicly-traded shares. It’s the dollar amount that represents a company’s value, and there was a time not too long ago when $100 billion was a big deal.
Today, however, you need four commas, not three, to buy a ticket to the big leagues — but in 2026, even $1 trillion won’t punch your ticket to the tippy-top.
According to CompaniesMarketCap.com, as of Nov. 20, just one U.S.-based company has a market cap over $4 trillion — semiconductor superheavyweight and GPU giant Nvidia (NVDA), worth $4.41 trillion — but a few others are closing in fast.
The following corporations are on deck to hit the $4 trillion market cap mark — or to hit it again — in the near future.
Apple (AAPL)
Apple will almost certainly be the first stock to join NVDA on the rich side of the $4 trillion line because it was there yesterday. Literally. On Oct. 19, Apple was worth $4.01 trillion before falling, then falling some more, to its current $3.95 trillion, according to MacroTrends.
CNBC reported Apple crossed the $4 trillion threshold for the first time on Oct. 28. The ongoing late-November tech slide has been unkind to the company, but even a fairly modest rebound — which is all but inevitable for a company like Apple — will put it back in the $4 trillion club.
Microsoft (MSFT)
According to the Associated Press, Microsoft has had an on-again, off-again membership in the $4 trillion club since July, when it joined Nvidia as the second company ever to cross that benchmark. As of Nov. 20, Microsoft’s market cap is $3.56 trillion, not quite as close to the doorstep as Apple, but similarly poised for re-entry when the current tech slump relents.
Alphabet (GOOG)
So far, only Nvidia, Microsoft and Apple have ever breached $4 trillion. Alphabet will likely be next — and not just because Google’s parent company is worth $3.5 trillion, just behind Microsoft and more than $1 trillion ahead of No. 5 Amazon.
It was only on Sept. 15 that Alphabet became the fourth company ever to hit $3 trillion in market cap. It packed on another half-trillion dollars in value in just the ensuing two months alone. Its Gemini platform — integrated seamlessly into Google’s universally familiar search engine — is a leading name in AI, and AI is synonymous with growth in the current market.
However, Alphabet’s core businesses — search and YouTube advertising, cloud systems and services like Gmail, Maps and Play — drive the bulk of its revenue and stock value on its march to $4 trillion.
Amazon (AMZN)
Amazon would have to nearly double its $2.32 trillion market cap to catch Nvidia. If that gap seems steep, bear in mind that fewer than 10 U.S.-based companies have market caps of $1 trillion or more — and Amazon is in the top five.
Analysts like those at Zacks give it a “Buy” rating for its seemingly boundless growth prospects, drawn from its status as the unrivaled leader in e-commerce, its vast cloud computing network, its subsidiaries like Whole Foods and its recurring revenue from subscription services like Prime.
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