Summary Highlights:
- Nvidia plans to release a modified AI chip in China to adapt to new U.S. export restrictions.
- Wall Street analysts suggest a potential upside of nearly 40% based on average price targets.
- GuruFocus estimates indicate a significant upside potential for Nvidia's stock price.
Nvidia's Strategic Move in the Face of Export Restrictions
In response to tightened U.S. export restrictions, Nvidia (NVDA, Financial) is gearing up to introduce a reengineered version of its H20 AI chip specifically for the Chinese market within the next two months. This new iteration is designed with reduced memory and performance capabilities, demonstrating Nvidia's swift adaptability to sustain its 13% revenue share in China.
Analyzing Wall Street's Perspective
Wall Street analysts have shared their insights, presenting a diverse range of one-year price targets for NVIDIA Corp (NVDA, Financial). With forecasts from 51 analysts, the average target price stands at $163.71, peaking at $235.92 and dipping to a low of $100.00. This average target suggests a notable upside potential of 39.48% from Nvidia's current stock price of $117.37. For more in-depth analysis, visit the NVIDIA Corp (NVDA) Forecast page.
Brokerage Firms' Recommendations
The consensus from 64 brokerage firms reflects an "Outperform" status for Nvidia with an average recommendation score of 1.8. This rating, on a scale from 1 (Strong Buy) to 5 (Sell), underscores robust confidence in Nvidia's market performance.
GuruFocus's Perspective on Nvidia's Value
According to GuruFocus estimates, the projected GF Value for Nvidia in one year is $266.40, representing a substantial upside of 126.97% from its current trading price of $117.37. The GF Value metric is derived from historical trading multiples, past business growth, and anticipated business performance, providing a comprehensive view of the stock's fair market value. Further details are available on the NVIDIA Corp (NVDA, Financial) Summary page.
