NVIDIA Stock Forecast: Positive Outlook
Analyst Predictions
Analysts are generally positive about the short-term outlook for NVIDIA Corp (NVDA) stock. The average analyst price target for the next 30 days is $133.06.
Continued Growth
According to Bank of America, NVIDIA's strong performance is expected to continue. The bank has maintained its price target of $150, implying significant potential upside for investors.
Key Metrics
The 39 analysts with 12-month price forecasts for NVDA stock have an average target of $112.88, with a low of $81.38 and a high of $160.00.
Market Sentiment
The recent rally in NVIDIA stock has been driven by strong demand for the company's graphics processing units (GPUs) used in gaming, data centers, and artificial intelligence applications.
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