Key Highlights:
- NVIDIA is set to launch its new GeForce RTX 5060 Ti GPUs, targeting the mid-range market with competitive pricing.
- Analysts predict a significant upside potential for NVIDIA's stock, emphasizing an "Outperform" status.
- GuruFocus estimates a substantial growth in NVIDIA's fair value, suggesting strong future performance.
NVIDIA (NVDA, Financial) is gearing up for an exciting launch with the introduction of its GeForce RTX 5060 Ti GPUs. Scheduled for release on April 16, these GPUs will be available in both 16 GB and 8 GB versions, priced at $499 and $399 respectively. This strategic move aims to secure a strong foothold in the mid-range market while also facilitating the clearance of older inventory. The release is part of NVIDIA's broader strategy to capitalize on the growing demand for AI technologies, paving the way for future growth.
Wall Street Analysts Forecast
Analysts have provided a range of one-year price targets for NVIDIA Corp (NVDA, Financial). Among 52 analysts, the average target price is set at $171.78, with a high estimate of $235.92 and a low estimate of $120.00. This average target indicates an impressive upside of 81.60% from the current price of $94.59. For more detailed estimate data, please visit the NVIDIA Corp (NVDA) Forecast page.
The consensus from 64 brokerage firms classifies NVIDIA Corp's (NVDA, Financial) average brokerage recommendation at 1.7, pointing towards an "Outperform" status. The rating scale ranges from 1 (Strong Buy) to 5 (Sell), underlining a positive outlook for the company's stock.
According to GuruFocus estimates, the GF Value for NVIDIA Corp (NVDA, Financial) over the next year is projected to be $266.20. This suggests a remarkable upside potential of 181.43% from the current trading price of $94.59. The GF Value is GuruFocus' fair value estimate, calculated using historical multiples, past business growth, and future performance projections. For a comprehensive overview, visit the NVIDIA Corp (NVDA) Summary page.
