From Nasdaq: 2024-09-16 06:45:00

Wall Street analysts have one-year price targets for stocks they cover. The average price target for Nvidia stock is $153 with a high of $200 and a low of $90. With Nvidia currently at $120, there is a potential 30% upside, making it an attractive buy. Nvidia’s GPUs are crucial for AI training. Demand for AI computing power has driven Nvidia’s success, but future growth hinges on sustained demand. Customer data suggests Nvidia’s GPUs will be in demand through 2025. Margin expansion is also key for Nvidia’s success. Nvidia’s stock is valued at 42 times forward earnings and relies on future growth. However, declining margins could impact profits and stock performance. The Motley Fool’s Stock Advisor team does not list Nvidia as a top stock pick, suggesting other potential investments with significant returns. Investing in Nvidia now could yield positive returns, but monitoring margins is crucial for long-term success.



Read more at Nasdaq: Wall Street Thinks Nvidia Stock Can Rise 30% in a Year. Time to Buy?