- Nvidia's (NVDA, Financial) recent decision to ship H20 AI chips to China raises strategic concerns among U.S. lawmakers.
- Analysts predict an average price target of $183.08 for Nvidia, with a potential upside of 6.52% from current levels.
- GuruFocus's GF Value estimates suggest a significant 63.1% upside for Nvidia stock in the coming year.
As Nvidia (NVDA) resumes the shipment of its H20 AI chips to China, questions abound regarding the potential enhancements to China's artificial intelligence prowess. This strategic move has drawn scrutiny from U.S. lawmakers who worry about its implications on global technology advancements.
Wall Street Analysts Forecast
Based on insights from 53 financial analysts, Nvidia Corp (NVDA, Financial) exhibits an average target price of $183.08. This projection features a notable high of $372.87 and a conservative low of $100.00. Given Nvidia's current trading price of $171.87, these forecasts suggest a potential upside of 6.52%. Investors seeking in-depth price target details can explore more on the NVIDIA Corp (NVDA) Forecast page.
The consensus from 66 brokerage firms strongly recommends an "Outperform" status for Nvidia, reflected in an average brokerage recommendation score of 1.8. This rating operates on a 1 to 5 scale, where 1 indicates a Strong Buy and 5 signifies Sell.
GF Value Estimations
According to GuruFocus estimates, Nvidia Corp (NVDA, Financial) has a projected GF Value of $280.31 over the next year. This suggests an impressive potential upside of 63.1% from its current trading price of $171.865. The GF Value metric, a GuruFocus proprietary measure, calculates fair stock value by examining historical trading multiples, past business growth, and future business performance projections. Detailed data about Nvidia's valuation can be accessed on the NVIDIA Corp (NVDA) Summary page.
As investors consider the implications of Nvidia's decisions and predictions within the tech sector, these forecasts offer insightful perspectives into its future trajectory.
