Media: Nvidia Stock Expected to Rise in the Short Term
Analysts Project Positive Outlook for NVDA
Analysts are generally positive about the short-term prospects for Nvidia Corp (NVDA) stock, with an average price target of 155.579 for the next 30 days. The consensus among 39 analysts with 12-month price forecasts is a target price of 129.74, with estimates ranging from 62 to 200.
Optimistic Outlook Predicts Continued Growth
Should Nvidia stock maintain its current growth rate of 287%, as seen between May 2023 and last Friday, it could potentially reach 200 per share over the next 12 months. This bullish outlook suggests that the ongoing rally may continue for up to two years.
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