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If chip sale growth stumbles at some point later this year or next Nvidia forecast 43% year-over-year revenue growth for the fiscal first quarter, which will be reported on May 25, there's no guarantee it will return to the torrid pace of expansion it has enjoyed during the pandemic.
Later, as signs emerge that hardware purchasing might pick up pace again, chip stocks rally.
NVDA Stock Price
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NVDA Stock
Most recent data shows there are , which means that about 40% of the global population plays video games.
These are powerful that could help propel Nvidia higher for many years to come.
According to the current price, NVIDIA is 53.96% away from the 52-week high. What are analysts forecasts for NVIDIA stock? The 98 analysts offering price forecasts for NVIDIA have a median target .
Shares of semiconductors giant Nvidia ( NVDA -4.38%), which appeared ready to start rising again on Tuesday, missed a beat and dropped along with the rest of the tech stock market Wednesday. With.
32 brokerages have issued 1 year target prices for NVIDIA's shares. Their forecasts range from $217.00 to $410.00. On average, they expect NVIDIA's share price to reach $327.81 in the next twelve months. This suggests a possible upside of 86.6% from the stock's current price.
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