Nvidia (NVDA): Goldman Sachs Initiates Coverage with Buy Rating and $185 Target

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Summary:

  • Goldman Sachs initiates coverage on Nvidia with a "buy" rating and a target price of $185.
  • Analysts project average price targets for Nvidia at $178.19, suggesting a potential upside.
  • GuruFocus estimates a GF Value for Nvidia of $280.31, indicating a 72.24% potential upside.

Goldman Sachs's Insight on Nvidia

Goldman Sachs has initiated coverage on Nvidia (NVDA, Financial), providing a "buy" rating complemented by a projected price target of $185. The firm underscores Nvidia's strategic advantage in capturing the burgeoning opportunities within AI-driven capital expenditures—highlighting its leadership in both performance capabilities and robust software ecosystems.

Wall Street Analysts' Projections for Nvidia

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According to predictions from 52 market analysts, the average one-year target price for NVIDIA Corp (NVDA, Financial) sits at $178.19. This average spans a high estimate of $372.87 and a low estimate of $100.00, suggesting a potential upside of 9.49% from the current stock price of $162.74. Investors can explore more detailed data on the NVIDIA Corp (NVDA) Forecast page.

Brokerage Recommendations

The consensus recommendation aggregated from 65 brokerage firms rates NVIDIA Corp (NVDA, Financial) at an average of 1.8, aligning with an "Outperform" status. The rating employs a scale from 1 to 5, with 1 equivalent to a Strong Buy and 5 implying a Sell.

GuruFocus Estimates and GF Value

GuruFocus offers a calculated GF Value for NVIDIA Corp (NVDA, Financial) positioned at $280.31 for the next year, indicating a potential upside of 72.24% from its current price of $162.74. The GF Value represents GuruFocus' own estimation of the stock's fair market value, derived from historical trading multiples, past growth trajectories, and future performance estimates. Detailed analysis can be found on the NVIDIA Corp (NVDA) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.