NVIDIA Stock Forecast: Bullish Outlook With Average Target of $112.80
Analysts Remain Positive on NVIDIA's Growth Prospects
Analysts are generally bullish on NVIDIA Corporation (NVDA) stock, with an average 12-month price target of $112.80. The 39 analysts covering the stock have a low target of $88.14 and a high target of $1500.00.
Positive Outlook for the Next 30 Days
In the near term, the NVIDIA stock price forecast is also positive. Analysts have an average price target of $133.06 for the next 30 days.
Bank of America Maintains $1500 Price Target
Bank of America has reiterated its long-term price target of $1500 for NVIDIA stock, implying a potential upside of 25.8% from current levels.
Long-Term Growth Potential
IO Fund tech analyst predicts that NVIDIA stock could surge 258% and reach a market valuation of $10 trillion by 2030, driven by the company's strong position in the growing artificial intelligence (AI) and graphics processing unit (GPU) markets.
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