- Nvidia's collaboration to build a data center in the UAE is delayed, impacting AI development efforts.
- Analyst forecasts suggest a potential upside for Nvidia stock, with a notable "Outperform" rating.
- GuruFocus estimates imply a significant upside to Nvidia's fair market value.
A collaborative project involving Nvidia (NASDAQ: NVDA) and other tech giants to construct a cutting-edge data center in the UAE is encountering delays due to unresolved security concerns. The ambitious plan, aimed at enhancing AI capabilities, faces uncertainty as U.S. officials scrutinize export conditions for advanced semiconductor chips.
Nvidia Stock Price Forecasts
According to price targets from 52 analysts, Nvidia Corp (NVDA, Financial) has an average target price of $174.71. The high estimate reaches $372.87 while the low dips to $100.00, indicating a potential upside of 22.87% from its current price of $142.19. For more detailed insights, refer to the NVIDIA Corp (NVDA) Forecast page.
Analyst Recommendations
Nvidia Corp garners a favorable average brokerage recommendation of 1.8 from 65 brokerage firms, signifying an "Outperform" status on a scale where 1 represents a Strong Buy and 5 suggests a Sell.
Understanding the GF Value
GuruFocus estimates place the GF Value for Nvidia Corp (NVDA, Financial) at $273.44 within a year. This suggests a potential upside of 92.31% from the current share price of $142.185. The GF Value reflects the fair market value of the stock, derived from historical trading multiples, past growth, and future performance projections. Visit the NVIDIA Corp (NVDA) Summary page for comprehensive data.
