Recent Price Performance

NVIDIA Corporation (NVDA) Stock Analysis

Recent Price Performance

NVIDIA Corporation (NVDA) stock has been on a bull run in 2024, with a year-to-date gain of 87%. In the past year, the stock has climbed approximately 200%.

Analyst Price Targets

Analysts remain optimistic about the company's future growth potential. The consensus average price target for NVDA stock in 2024 is $148,396, with a high estimate of $249,473 and a low estimate of $103,898.

12-Month Price Forecasts

Among the 41 analysts providing 12-month price forecasts, the average target is $96,932. The lowest estimate is $460, while the highest target is $103,898.

1-Year Price Forecasts

The 52 analysts offering 1-year price forecasts for NVDA stock have a maximum estimate of $0 and a minimum estimate of $0.

Valuation and Market Cap

NVIDIA is currently the third most valuable company in the semiconductor industry, with a market capitalization of approximately $100 billion.

Conclusion

Based on the positive analyst outlook and strong recent price performance, NVDA stock appears to be a promising investment opportunity. However, investors are advised to conduct thorough due diligence before making any investment decisions.