NVIDIA Corp Stock Price Forecast

Positive Outlook for Next 30 Days

Analysts anticipate a positive outlook for NVIDIA Corp (NVDA) stock in the next 30 days, with an average price target of $133.06. This represents a potential increase of 25.8% from current levels.

Long-Term Growth Predictions

IO Fund tech analysts believe NVIDIA's stock will continue to surge in the long term, reaching a market valuation of $10 trillion by 2030. This growth is attributed to the company's strong position in professional-visualization business, which includes sales of professional graphics cards and its Omniverse platform.

Recent Performance

In the first quarter of fiscal year 2025, NVIDIA beat revenue growth expectations by 17.8%, reporting $1.78 billion. This solid financial performance further supports the positive stock price outlook.

Conclusion

Overall, the NVIDIA Corp stock price forecast is promising, suggesting potential growth for investors. The company's strong business performance and long-term growth prospects indicate that NVDA is a stock worth considering for your portfolio.