NVIDIA Corporation (NVDA) Stock Forecast and Analysis
Current Stock Quote
Recent Price Targets
- Average 12-month price target: $96,932
- High 12-month price target: $249,473
- Low 12-month price target: $460
Market Performance
In 2024, NVIDIA's stock has performed remarkably well, experiencing an 87% gain year-to-date and an impressive 200% increase over the past year. This performance has contributed to NVIDIA's status as the third most valuable company in the world.
Analysts' Outlook
Based on forecasts from 52 analysts, the average one-year price target for NVDA stock is $103,898, with a maximum estimate of $249,473 and a minimum estimate of $460. This indicates that analysts are generally bullish on NVIDIA's prospects in the coming year.
Conclusion
NVIDIA's strong financial performance, growing market share, and innovative technology position the company for continued growth. Analysts' positive outlook and the stock's impressive market gains reinforce the belief that NVIDIA Corporation (NVDA) remains a worthy investment opportunity.
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