- The Schwab Trading Activity Index (STAX) declined in May, influenced by Nvidia's stock activity.
- Wall Street analysts predict a potential upside for Nvidia, with diverse price targets.
- GuruFocus estimates suggest a significant future upside for Nvidia's stock.
The Schwab Trading Activity Index (STAX) experienced a decline in May, moving down to 39.68 from 41.18 in April. This change was strongly influenced by the movements of Nvidia's (NVDA, Financial) stock. Initially, there was a surge in buying; however, retail investors significantly offloaded Nvidia shares after the company's earnings report, which ultimately impacted the overall STAX score.
Wall Street Analysts' Forecast for Nvidia
According to the projections provided by 52 analysts, the average one-year price target for NVIDIA Corp (NVDA, Financial) stands at $174.71. The anticipated high estimate is $372.87, while the low estimate is $100.00. These projections imply a potential upside of 21.98% from the current stock price of $143.23. For more detailed estimates, visit the NVIDIA Corp (NVDA) Forecast page.
Consensus from 65 brokerage firms rates NVIDIA Corp's (NVDA, Financial) average brokerage recommendation at 1.8, suggesting an "Outperform" status. This rating scale ranges from 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell.
Nvidia's Valuation According to GuruFocus
GuruFocus has estimated the GF Value for NVIDIA Corp (NVDA, Financial) at $273.40 for the next year, suggesting a potential upside of 90.89% from the current trading price of $143.225. The GF Value is GuruFocus' estimate of a stock's fair trading value and is calculated using historical trading multiples, past business growth, and future performance estimates. For more in-depth analysis, visit the NVIDIA Corp (NVDA) Summary page.
