NVIDIA's Stock Outlook Remains Positive

Strong Analyst Support

The NVIDIA Corporation (NVDA) stock price forecast for the next 30 days remains generally positive, with an average analyst price target of $133.06.

Upward Trend Expected

12-Month Forecast

Over the past 3 months, 39 Wall Street analysts have provided 12-month price targets for NVIDIA, with an average target of $112.88. The lowest estimate is $475, while the highest is $406, indicating a significant upside potential.

30-Day Forecast

In the near term, analysts are also optimistic about NVIDIA's stock performance. The average 30-day price target implies an upside of around 33% from the current price.

Factors Influencing the Forecast

Several factors are contributing to the positive outlook for NVIDIA's stock, including:

• Strong demand for semiconductors
• Increasing adoption of artificial intelligence (AI)
• Expansion into new markets such as cloud computing and automotive

Disclaimer

It's important to note that stock market forecasts are not guaranteed, and actual results may vary. Investors should always conduct their own due diligence before making any investment decisions.