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.