Nvidia Stock Price Target
Analysts Optimistic on Future Growth
12-Month Price Target Set at $1197.64
Based on recent analysis by 40 Wall Street analysts, the average 12-month price target for Nvidia has been set at $1197.64. The highest forecast among analysts stands at an even more optimistic figure. This positive outlook is supported by the company's strong financial performance and its leading position in the graphics processing unit (GPU) market.
Short-Term Price Targets Indicate Potential Gains
In the short term, analysts are also expecting Nvidia's stock price to perform well. The average price target for the next 12 months has been set at $1171.50, representing a potential gain of at least 5.5% from the stock's closing price on Friday. This positive sentiment is driven by Nvidia's continued innovation in the field of artificial intelligence (AI) and its growing presence in the automotive sector.
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