Key Takeaways:
- Wistron is set to open U.S. facilities for Nvidia's AI servers by 2026, reflecting strategic expansion plans.
- Analysts forecast a potential 21.49% increase in Nvidia's stock price, with a "Outperform" brokerage consensus.
- GuruFocus projects a significant upside in Nvidia’s stock value, estimating a 98.18% increase to $267.21.
Wistron, a prominent Taiwanese electronics manufacturer, has unveiled an ambitious plan to establish U.S. facilities for Nvidia's (NVDA, Financial) cutting-edge artificial intelligence servers by 2026. This strategic move is a core component of Nvidia's strategic initiative to broaden its manufacturing footprint in Texas, a collaboration set to involve key partners Foxconn and Wistron.
Wall Street Analysts Forecast
Wall Street analysts have been actively assessing NVIDIA Corp (NVDA, Financial), offering a variety of one-year price targets. The consensus among 51 analysts is an average target price of $163.81, with expectations ranging from a high of $235.92 to a low of $100.00. The average target suggests a promising potential upside of 21.49% from the current trading price of $134.83. For more detailed projections, visit the NVIDIA Corp (NVDA) Forecast page.
Furthermore, the consensus recommendation from 64 brokerage firms places NVIDIA Corp’s (NVDA, Financial) average brokerage rating at 1.8, signaling an "Outperform" status. This rating is based on a scale of 1 to 5, where 1 denotes a Strong Buy and 5 signifies a Sell.
According to GuruFocus estimates, the anticipated GF Value for NVIDIA Corp (NVDA, Financial) in one year is projected at $267.21. This figure translates to a substantial upside of 98.18% from the current price of $134.83. The GF Value represents GuruFocus' assessment of the stock's fair trading value, calculated using historical trading multiples, past business growth, and future business performance projections. Detailed insights are available on the NVIDIA Corp (NVDA) Summary page.
