Nvidia stock historically drops after GTC event, but analysts see undervaluation and growth potential.

From Nasdaq: 2025-03-19 03:40:00

Nvidia’s annual GTC event is happening this week in San Jose, California from March 17 to March 21, focusing on artificial intelligence with various sessions and exhibits. CEO Jensen Huang’s keynote speech is expected to reveal the company’s product roadmap. Historical data shows Nvidia stock tends to decline after GTC events, with an average drop of 12% in the month following. However, analysts see the stock as undervalued, with a median target price of $175 per share, implying 45% upside potential.

Despite historically poor post-event performance, analysts believe Nvidia is undervalued, with potential for significant growth in AI accelerator spending. The company’s recent innovations in GPUs, AI applications, and robotics technology position it well for future growth. Wall Street estimates project Nvidia’s earnings to grow at 39% annually through fiscal 2027, making the current valuation of 40 times earnings appear inexpensive. Investors should consider a long-term investment strategy with Nvidia, focusing on its leadership in AI technology and potential for future growth.



Read more at Nasdaq: Should You Buy Nvidia Stock Before March 21? History Has a Surprising Answer.