Key Highlights:
- TD Cowen maintains a Buy rating on Nvidia, despite adjusting the price target from $175 to $140.
- Analyst forecasts suggest significant potential upside for Nvidia, with an average price target of $171.46.
- GuruFocus estimates show potential for Nvidia’s fair value to reach $265.65, indicating substantial growth prospects.
In a strategic update, TD Cowen adjusted its price target for Nvidia (NVDA, Financial) from $175 to $140, while steadfastly maintaining a Buy rating. This decision underscores the firm's belief in Nvidia's resilient technology and its impressive sales momentum, driven by its anticipated NVL72 racks and Blackwell chip introductions. Despite a recent dip in stock prices, Nvidia continues to stand out as a preferred entity within the computing industry.
Analysts' Projections for Nvidia
Wall Street analysts have set a one-year average price target of $171.46 for NVIDIA Corp (NVDA, Financial), with projections ranging from a high of $235.92 to a low of $120.00. This average target signals a potential upside of 50.22% compared to the current stock price of $114.14. Investors can find more detailed estimate data on the NVIDIA Corp (NVDA) Forecast page.
Out of 63 brokerage firms, the consensus recommendation for NVIDIA Corp (NVDA, Financial) is 1.7, which is indicative of an "Outperform" status. The rating scale from 1 to 5, where 1 describes a Strong Buy and 5 denotes a Sell, reflects solid confidence in Nvidia's market position.
GuruFocus Value Estimate
According to GuruFocus estimates, the one-year GF Value for NVIDIA Corp (NVDA, Financial) is projected at $265.65. This suggests a significant upside of 132.74% when juxtaposed with the current share price of $114.14. The GF Value is GuruFocus' assessment of the stock’s fair trading value, derived from historical trading multiples and the company’s past and forecasted performance. Additional insights and data can be accessed on the NVIDIA Corp (NVDA) Summary page.
