- Nvidia (NVDA, Financial) partners with Saudi Arabia's Humain to power a major AI data center expansion.
- Analysts predict a significant upside potential for Nvidia stock based on one-year price targets.
- GuruFocus GF Value estimates suggest more than a twofold increase in Nvidia’s stock value from current prices.
Nvidia (NVDA) is poised to make a significant impact by supplying semiconductors for Saudi Arabia's Humain, an AI company backed by the Public Investment Fund. This strategic collaboration supports Humain's ambitious goal of expanding its data center capacity to 1.9 gigawatts by 2030. The project includes a substantial 500-megawatt enhancement, spotlighting Nvidia's pivotal role in the AI sector.
Wall Street Analysts Forecast
The one-year price targets provided by 51 analysts illustrate a promising outlook for NVIDIA Corp (NVDA, Financial). With an average target price of $163.61, a high of $235.92, and a low of $100.00, there's a projected upside of 29.62% from the current price of $126.23. For more comprehensive details, visit the NVIDIA Corp (NVDA) Forecast page.
Further solidifying its strong market standing, NVIDIA Corp's (NVDA, Financial) average brokerage recommendation stands at 1.8, denoting an "Outperform" status. This consensus among 64 brokerage firms is rated on a scale from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell.
GuruFocus's proprietary GF Value metric estimates NVIDIA Corp’s (NVDA, Financial) one-year target at $266.49. This suggests a remarkable upside of 111.11% from its current price point of $126.23. The GF Value calculates the stock's fair valuation based on historical price multiples as well as past and projected business performance, offering investors a robust tool for evaluating Nvidia’s potential. Explore more insights on the NVIDIA Corp (NVDA) Summary page.
