Wall Street analysts have varying price targets for Nvidia, ranging from $140 to $352. Evercore ISI sees an 84% upside potential, while Seaport Global Securities predicts a 27% drop. The median target is $250, reflecting a 31% increase from its current level.
Nvidia’s recent financial performance has exceeded expectations, with revenue and earnings per share projected to rise by 67% and 71% for the last quarter. Analysts have also raised profit estimates for the new fiscal year from $6.55 to $7.66 per share.
Despite the wide range of analyst estimates, Nvidia’s stock is attractively valued at 25 times forward earnings. Even the highest target of $352 implies a trailing earnings multiple of 46, indicating potential for significant growth for this leading AI company.
Read more at Yahoo Finance: What Wall Street Thinks Nvidia Will Be Worth 1 Year From Now. 1 Reason They Might Be Wrong.
