From Nasdaq: 2024-09-18 11:37:00

Nvidia stock has seen recent volatility despite solid fiscal Q2 results due to concerns about AI tech investments and growth slowdown, with a current price target of $150 by analysts. However, Constellation Research forecasts a possible rise to $200, citing Nvidia’s AI chip market dominance, leading technology, and high barriers to entry. The company’s Q2 2025 revenue surged 122% year-over-year to $30 billion, with data center revenue up 154%, showcasing strong demand for Nvidia’s AI chips and maintaining a technology lead over rivals. This has resulted in increased analyst earnings projections and a potential jump in stock price to $220 based on future earnings projections and growth expectations, indicating a pathway beyond $200 in 2025. The Motley Fool advises considering other top stock picks but recognizes Nvidia as a solid growth investment with strong potential for the future.



Read more at Nasdaq: Prediction: Nvidia Stock Could Hit $200 in 2025