Key Takeaways:
- Nvidia's CEO criticizes U.S. export restrictions, highlighting significant financial impacts on American firms.
- Wall Street analysts foresee notable upside potential for Nvidia (NVDA, Financial) shares.
- GuruFocus estimates point to a substantial increase in Nvidia's fair market value over the next year.
Nvidia's CEO, Jensen Huang, has publicly criticized the U.S. government's export restrictions on artificial intelligence (AI) chips to China, claiming these measures have backfired, resulting in billions of dollars in lost sales for American companies. The Biden administration's AI Diffusion rule, which aims to curtail U.S. technology exports, has received significant backlash from industry leaders, including Nvidia (NVDA), who argue it inadvertently advantages Chinese competitors.
Wall Street Analysts' Forecast
According to projections from 51 financial analysts, the average one-year price target for NVIDIA Corp (NVDA, Financial) stands at $163.81. This forecast includes a high estimate of $235.92 and a low estimate of $100.00, suggesting a potential upside of 21.90% from the current share price of $134.38. For more in-depth forecast data, visit the NVIDIA Corp (NVDA) Forecast page.
From the perspective of 64 brokerage firms, NVIDIA Corp's (NVDA, Financial) average brokerage recommendation is 1.8, which translates to an "Outperform" status. This recommendation is derived from a scale where 1 indicates a Strong Buy and 5 represents a Sell.
GuruFocus's Evaluation
GuruFocus has estimated the GF Value for NVIDIA Corp (NVDA, Financial) to be $265.41 in one year. This estimate implies a remarkable upside of 97.51% from the current stock price of $134.38. The GF Value metric is GuruFocus' assessment of the stock's fair value, calculated through historical trading multiples, past business growth, and anticipated future performance. For more comprehensive insights, refer to the NVIDIA Corp (NVDA) Summary page.
