Great News for Nvidia Investors: Wall Street Says the Stock Could Soar to $295
Wall Street analysts view Nvidia as a very attractive buy at current prices.
Great News for Nvidia Investors: Wall Street Says the Stock Could Soar to $295
Overview
Nvidia (NASDAQ: NVDA) has been one of the biggest winners from the artificial intelligence (AI) infrastructure build-out. The stock has advanced more than 1,300% since January 2023. But most Wall Street analysts still believe Nvidia is deeply undervalued.
In fact, the consensus target price has increased from $265 per share to $295 per share in the last 90 days, according to LSEG. That implies 42% upside from the current share price of $209.
Details
Here's what investors need to know.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
