Nvidia Stock: What to Expect in the Months to Come
Analysts Remain Bullish on NVIDIA Stock
Market analysts are overwhelmingly bullish on NVIDIA stock, with 39 analysts providing 12-month price forecasts averaging $129.74. The lowest estimate among these analysts is $62, while the highest is $175.705.
Positive Short-Term Outlook
In the short term, analysts also expect NVIDIA stock to perform well. The average price target for the next 30 days is $175.705, indicating a potential upside of over 5%.
Long-Term Growth Potential
Over the longer term, analysts see significant growth potential for NVIDIA. The average 12-month price forecast from 44 Wall Street analysts is $131.59, suggesting a potential upside of over 10%.
Key Takeaways
* Analysts remain bullish on NVIDIA stock, expecting strong performance in the coming months and years. * The average 12-month price forecast is $129.74, with a potential range of $62 to $175.705. * The average 30-day price target is $175.705, indicating potential short-term upside. * Analysts believe NVIDIA has strong long-term growth potential, with an average 12-month price forecast of $131.59.
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