Prediction: Nvidia Stock Will Hit $300 Before 2026 Is Over
Nvidia would need to rise more than 30% in a handful of months to accomplish this goal.
Overview
Nvidia (NASDAQ: NVDA) has been an OK stock pick this year. It has risen to about $225 per share, but I think it could notch $300 per share before 2026 is over. That's a rapid rise in just a few months, but after looking at the numbers, I think it's entirely possible and reasonable that Nvidia achieves this lofty stock price before 2027 arrives.
That would also make it an incredible buy now. With Nvidia's earnings announcement coming up on Aug. 26, now is the time for investors to strike.
Image source: The Motley Fool.
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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.