Five-star Bank of America analyst Vivek Arya is sticking with his bullish stance on chipmaker Nvidia (NVDA) despite the stock’s recent sell-off. Arya reiterated Nvidia as his top pick for 2025, with a price target of $190 per share, which equates to an upside of more than 61% at the time of writing. Indeed, he expects Nvidia’s upcoming earnings report on February 26 to be a catalyst for the stock.
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Arya’s optimism is based on his expectation that Nvidia will reassure investors about its Blackwell execution and signal that it is confident in its Fiscal Year 2026 outlook. He also anticipates that Nvidia’s upcoming GTC Conference, where the company will showcase its solid pipeline and physical AI capabilities, will generate a lot of excitement.
Despite Arya’s bullishness, Nvidia’s stock has declined 15% year-to-date, making it the second-worst performer among the “Magnificent Seven” tech stocks. However, Arya views the decline as an opportunity and noted that Nvidia’s valuation has become more attractive. In fact, its forward price-to-earnings ratio of 26 times puts it near the lower end of its historical range. This has led the analyst to label Nvidia as a “generational investment” with significant growth potential.
Is NVDA a Good Stock to Buy?
Overall, analysts remain bullish on NVDA stock, with a Strong Buy consensus rating based on 37 Buys and three Holds assigned in the past three months. After a 70% rally in its share price over the past year, the average NVDA price target of $179.81 per share implies an upside potential of 52% from current levels.
