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Nvidia (NVDA)
NASDAQ:NVDA
Nvidia (NVDA) Stock Forecast & Price Target
132,535 Followers
See the Price Targets and Ratings of:
NVDA Analyst Ratings
Strong Buy
38 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
NVDA Stock 12 Month Forecast
Average Price Target
$135.09
▲(9.35% Upside)
| Highest Price Target$200.00 | Average Price Target$135.09 | Lowest Price Target$90.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Truist Financial
Reiterated
06/27/24
Cantor Fitzgerald
Reiterated
06/26/24
Melius Research
Reiterated
06/21/24
Stifel Nicolaus
Reiterated
06/19/24
Rosenblatt Securities
Reiterated
06/18/24
Tigress Financial
Reiterated
06/18/24
Mizuho Securities
$127.5
Buy
3.21%
Upside
Assigned
06/14/24
Nvidia (NVDA) Receives a New Rating from a Top Analyst
DBS
―
Buy
―
Reiterated
06/12/24
We rate Nvidia a BUY with a higher TP of US$135 per share We rate Nvidia a BUY with a higher TP of US$135 per share (post 10-for-1 split). . Our TP is derived on 28.5x blended 2-year forward P/BV, pegged to +2.4 SD above its 5-year average. We see Nvidia’s rich valuations justified as it continues to benefit from the surging/growing AI demand – consensus currently ascribes an above-peers, 2024-28 CAGR revenue growth of 42.3% for the data center segment. Technological strides in AI-chips (through H200 GPU, Blackwell chips, Blackwell Ultra in 2025, Rubin in 2026) only further cement Nvidia’s leadership position in the AI-chips space and is clearly evident in its exemplary financial performance. A lacklustre result and/or forward guidance that suggests slowdown in AI momentum is a key risk to watch.
Goldman Sachs
$120→$135
Buy
9.28%
Upside
Reiterated
06/11/24
Analysts Offer Insights on Technology Companies: Megaport Ltd. (Other OTC: MGPPF) and Nvidia (NASDAQ: NVDA)
Evercore ISI
$131→$145
Buy
17.37%
Upside
Reiterated
06/11/24
Nvidia's Buy Rating Upheld Amidst Impressive Growth and Positive Earnings Outlook
Best Analysts Covering Nvidia
Which Analyst Should I Follow If I Want to Buy NVDA and Sell After:
1 Month
3 Months
1 Year
Success Rate
32/33 ratings generated profit
Average Return
+109.12%
reiterated a buy rating last month
Copying Harlan Sur's trades and holding each position for 1 Year would result in 96.97% of your transactions generating a profit, with an average return of +109.12% per trade.
2 Years
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
NVDA Analyst Recommendation Trends
Rating
Feb 24
Mar 24
Apr 24
May 24
Jun 24
Strong Buy
6
5
5
3
2
Buy
81
108
104
103
101
Hold
6
7
4
5
5
Sell
0
0
0
0
0
Strong Sell
2
2
2
0
0
total
95
122
115
111
108
Each month's total comprises the sum of three months' worth of ratings.
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NVDA Financial Forecast
NVDA Stock Forecast FAQ
What is NVDA’s average 12-month price target, according to analysts?
Based on analyst ratings, Nvidia’s 12-month average price target is $135.09.
What is NVDA’s upside potential, based on the analysts’ average price target?
Nvidia has 9.35% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is NVDA a Buy, Sell or Hold?
Nvidia has a consensus rating of Strong Buy which is based on 38 buy ratings, 3 hold ratings and 0 sell ratings.
What is Nvidia’s price target?
The average price target for Nvidia is $135.09. This is based on 41 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $200.00 ,the lowest forecast is $90.00. The average price target represents 9.35% Increase from the current price of $123.54.
The highest analyst price target is $200.00 ,the lowest forecast is $90.00. The average price target represents 9.35% Increase from the current price of $123.54.
What do analysts say about Nvidia?
Nvidia’s analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts.
How can I buy shares of NVDA?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.