In a time of back and forth, Nvidia (NVDA) stock has been on a tear this year. It’s up nearly 50% from January 1, 2017, to June 12, 2017, according to data from S&P Global Market Intelligence, handily beating the S&P 500 ‘s return of 19.45%.

Nvidia stock, however, is still stuck in the range that it has been since its June 23, 2016 high of $59.66. With NVDA shares currently sitting at around $116, investors are looking for guidance on where this stock could head next.

Here are three reasons why Nvidia stock could surge to $400 by 2022.

1. Nvidia is Taking Market Share in the “Biggest, Fastest-Growing Enterprise”

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Even though it’s known as a consumer company , Nvidia makes most of its money from selling graphics processing units to makers of computer systems for high-end video gaming and professional use (known as “workstations”). However, Intel (INTC) is still the largest maker of computer chips for PCs.

But, Nvidia’s loss of top spot in gaming consoles to Advanced Micro Devices (AMD) could allow it to pivot toward new business lines that are growing faster than its traditional ones.

According to data from financial research firm Jefferies, Nvidia graphics cards now power 70% of all active cryptocurrency mining rigs .

This fast-growing, high-margin Nvidia business lines has been a savior for Nvidia stock. In the most recent quarter Nvidia reported $289 million in revenue from its Nvidia division that focuses on workstations and computer system components, this was up 66% year over year. That’s better than the Nvidia division of Nvidia reported revenue growth in the previous two quarters.

The Nvidia Mining business also boosts Nvidia stock because it’s much more profitable than its other divisions. Nvidia’s Nvidia division made $126 million in operating income on $289 million in revenue, whereas Nvidia Gaming only generated $31 million out of $1.24 billion in revenue. Nvidia CEO Jen-Hsun Huang has said Nvidia’s Nvidia division is at a run rate of $1 billion.

The Nvidia Mining business is now Nvidia’s fourth-largest line, according to Jefferies. And, the Nvidia division is Nvidia’s only profitable segment.

2. Nvidia Gaming Could be Worth $4 Billion in Three Years

Gaming is Nvidia’s largest business now, worth around $4 billion by 2020, according to Jefferies analysts. Nvidia’s gaming business is growing about 12% year over year, according to Nvidia CFO Colette Kress. Nvidia also recently announced Nvidia Shield, which will compete with the likes of Apple TV (AAPL) and Roku (ROKU) .

Nvidia has said Nvidia Shield could act as an “all-in-one Nvidia gaming and entertainment hub.” Nvidia Shield could help Nvidia’s Nvidia Gaming division attract more gamers and drive its gaming revenue growth faster.

3. Nvidia is Beating Its Competition But Has Lowest Price Tag Among Competitors

Nvidia has 86 times the computing power of its nearest competitor, according to Jefferies analysts. Nvidia is taking share from peers Nvidia, Nvidia Nvidia Nvidia Nvidia Nvidia Nvidia Nvidia Nvidia.

Nvidia stock has huge potential to keep growing because its platform offers the lowest price per performance among the major competitors in high-end graphics, according to analysts. And, if Nvidia can maintain this lead it could generate even more revenue than Jefferies’ current Nvidia forecast through Nvidia 2022.

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