Certain Wall Street analysts expect Nvidia and Microsoft to achieve market values of $4 trillion in 2025, something no publicly traded company has accomplished. Nvidia is the market leader in data center graphics processing units,
Jeffrey Emanuel says Wall Street banks that are bullish on Nvidia “have absolutely no idea what they’re talking about.”
Nvidia (NASDAQ: NVDA) made stock market history on Monday, Jan. 27, but not the good kind. The chipmaker saw its share price decline 17%, due to concerns about an artificial intelligence (AI) model from Chinese start-up DeepSeek.
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.
Importantly, several Wall Street analysts have updated or reiterated their forecasts since DeepSeek published its research paper last week, and they all see upside in Nvidia stock from its current price of $128 per share. Gil Luria at D.A. Davidson set his target price at $135 per share, implying a 5% upside.
Nvidia CEO Jensen Huang is set to meet with President Donald Trump at the White House Friday, after a wild week for the chipmaker's stock.
24/7 Wall Street has performed analysis to provide prospective investors and current shareholders with an idea of where NVIDIA’s stock might be headed over the course of the next five years.
The worry is if Nvidia shares do fall below the 200-day moving average and keep trending lower, it could signal further downside.
DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.
Massive artificial intelligence spending supercharged its growth, but with Nvidia due to report earnings on Feb. 26, Wall Street suggests the semiconductor stock may soon hit a ceiling. Analysts have assigned a consensus one-year price target on NVDA stock of $164 per share. That implies only a 15% gain over the next 12 months.
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September