In a recent analysis, UBS, led by analyst Timothy Arcuri, has adjusted its price target for NVIDIA (NVDA, Financial). The price target has been lowered from $180.00 to $175.00. The change reflects a 2.78% decrease in the price target.
Despite the adjustment in the price target, UBS has maintained its current "Buy" rating on NVIDIA (NVDA, Financial). The decision to keep the rating consistent suggests continued analyst confidence in the company's market position and potential for growth.
The adjusted price target and maintained rating follow NVIDIA's ongoing performance in the tech industry, where its products and innovations continue to make significant impacts. Investors are advised to consider these changes in UBS's analysis as part of their investment strategy regarding NVIDIA (NVDA, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 51 analysts, the average target price for NVIDIA Corp (NVDA, Financial) is $163.71 with a high estimate of $235.92 and a low estimate of $100.00. The average target implies an upside of 33.11% from the current price of $123.00. More detailed estimate data can be found on the NVIDIA Corp (NVDA) Forecast page.
Based on the consensus recommendation from 64 brokerage firms, NVIDIA Corp's (NVDA, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for NVIDIA Corp (NVDA, Financial) in one year is $266.49, suggesting a upside of 116.67% from the current price of $122.995. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the NVIDIA Corp (NVDA) Summary page.
