Nvidia stock has potential for 90% upside, supported by strong earnings projections

From Nasdaq: 2025-03-07 07:45:00

Nvidia (NASDAQ: NVDA) stock has dropped over 20% from its peak due to a marketwide sell-off impacting AI-focused companies. Despite this, the average price target on Nvidia is $178.18, with Rosenblatt analyst Hans Mosesmann setting a high target of $220, indicating a potential 90% upside.

Nvidia’s GPUs have fueled the AI revolution, leading to significant revenue and profit growth since 2023. Management expects Q1 revenue to grow by 65%, with Wall Street projecting a 56% annual growth rate. Analysts believe Nvidia could hit $220 per share, supported by strong earnings and growth prospects.

To reach a $220 stock price, Nvidia needs to maintain its current PE ratio of 40 times earnings. With expected EPS growth, hitting this target within two years is feasible, offering a potential 90% return. Investors are advised to consider seizing this opportunity to invest in Nvidia while the stock is down.



Read more at Nasdaq: Could Nvidia’s Stock Soar by 90%? This Wall Street Analyst Thinks So.