- Nvidia and Dell Technologies partner with the U.S. Department of Energy for the Doudna supercomputer.
- Analysts project a potential 23.93% upside for Nvidia's stock.
- Nvidia's GF Value suggests a significant potential upside of 90.85%.
The U.S. Department of Energy has announced a strategic partnership with Nvidia (NVDA, Financial) and Dell Technologies to develop its upcoming supercomputer, named Doudna. Scheduled to be operational in 2026, this cutting-edge system will harness Nvidia's state-of-the-art Vera Rubin platform, aiming to deliver groundbreaking advancements in high-performance computing and AI research.
Wall Street Analysts' Insights
Wall Street analysts have set their sights on Nvidia Corp (NVDA, Financial) with confidence. According to projections from 51 analysts, they anticipate an average one-year price target of $172.50. This includes a high estimate of $372.87 and a low estimate of $100.00, reflecting a potential upside of 23.93% from the current trading price of $139.19. For a deeper dive into these estimates, visit the NVIDIA Corp (NVDA) Forecast page.
Brokerage Recommendations
The consensus among 64 brokerage firms currently rates Nvidia Corp (NVDA, Financial) at an average of 1.8, translating to an "Outperform" status. This rating is part of a scale ranging from 1 to 5, where 1 denotes a Strong Buy and 5 indicates a Sell.
Nvidia's GF Value Estimation
GuruFocus provides an insightful estimate of Nvidia Corp's (NVDA, Financial) potential market value. According to their model, the GF Value for the company is projected at $265.65 within the next year. This suggests an impressive potential upside of 90.85% from the present $139.19 share price. The GF Value is a proprietary measure that takes into account historical trading multiples, business growth trends, and anticipated future performance. For further data, explore the NVIDIA Corp (NVDA) Summary page.
