Wall Street analysts predict Nvidia (NVDA) could surge 25.29% based on mean price target.
From Nasdaq: 2025-01-09 09:55:04
Nvidia (NVDA) closed at $140.11, with a potential 25.3% upside based on a mean price target of $175.55 set by Wall Street analysts. Analysts have a strong agreement in revising EPS estimates higher, indicating potential stock growth. Despite potential bias, price targets can provide a starting point for further research.
Analysts’ price targets may not always accurately predict stock movement, as many are set optimistically to generate interest in certain companies. However, a low standard deviation among price targets indicates high analyst agreement on a stock’s potential movement. Investors should approach price targets with caution, considering additional factors for informed decisions.
Nvidia’s impressive average price target and strong agreement among analysts for better earnings suggest potential upside. Earnings estimate revisions and a Zacks Rank #2 (Buy) further indicate the stock’s potential growth. While the consensus price target may not be a definitive indicator, the direction it implies can guide investors on potential stock movement.
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