Key Takeaways:
- Nvidia (NVDA, Financial) faces potential challenges due to looming tariffs, which may lead to shifts in production strategies.
- Wall Street analysts provide an optimistic forecast with significant upside potential for Nvidia's stock over the next year.
- GuruFocus metrics indicate Nvidia is poised for growth, with a substantial upside based on the GF Value estimate.
Nvidia (NVDA) experienced a notable downturn of up to 4% in premarket trading, spurred by President Trump's announcement regarding upcoming reciprocal tariffs slated for April 2. These tariffs threaten to affect imports from significant partners such as Mexico and Canada, pivotal sources for Nvidia's product portfolio. The tech sector, including Tesla (TSLA), faces heightened vulnerability amidst fears of a deepening trade war, triggering widespread sell-offs. Strategically, this could propel Nvidia toward transitioning more of its manufacturing processes domestically.
Wall Street Analysts Forecast
Currently, 52 analysts project a one-year price target for NVIDIA Corp (NVDA, Financial), with an average target price of $171.82. Expectations range from a high of $235.92 to a low of $75.40. The average target anticipates a promising upside of 56.67% from its existing price of $109.67. For expansive insights, visit the NVIDIA Corp (NVDA) Forecast page.
The prevailing consensus from 64 brokerage firms affirms an "Outperform" status for NVIDIA Corp (NVDA, Financial), with an average recommendation score of 1.7. This scale, spanning from 1 to 5, categorizes 1 as Strong Buy and 5 as Sell, reinforcing positive sentiment towards Nvidia’s market position.
According to esteemed GuruFocus estimates, NVIDIA Corp's (NVDA, Financial) projected GF Value over the next year is $261.11, indicating a robust 138.09% upside from its current valuation of $109.67. The GF Value synthesizes historical trading multiples, past growth trajectories, and anticipated future performance to assess the stock's fair trading value. Additional comprehensive data is accessible on the NVIDIA Corp (NVDA) Summary page.
