Quick Highlights:
- Nvidia (NVDA, Financial) stays strong as Oppenheimer's top semiconductor choice despite economic uncertainties.
- A significant growth in cloud service capital expenditure by 2025 is anticipated, with Nvidia set to benefit from it.
- Noteworthy upside potential identified by Wall Street and GuruFocus estimates.
Nvidia (NVDA) continues to be a standout choice in the semiconductor sector for Oppenheimer. Despite facing macroeconomic hurdles, the company is poised to sell nearly 40,000 NVL72 units this quarter. This aligns with expectations of a substantial 40% boost in cloud service capital expenditure by 2025, undisturbed by any anticipated industry-specific tariffs.
Wall Street Analysts' Projections
According to projections from 51 analysts, Nvidia Corp (NVDA, Financial) has a one-year average target price of $169.63. The analysts' high estimate stands at $235.92, while the low estimate is $115.00. This average target highlights a promising upside of 51.24% from the current price of $112.16. For further insights, visit the NVIDIA Corp (NVDA) Forecast page.
Brokerage Recommendations
Sixty-three brokerage firms collectively rate Nvidia Corp (NVDA, Financial) with an average recommendation of 1.7, categorizing it as "Outperform." This rating is based on a scale from 1 to 5, where 1 means Strong Buy and 5 represents Sell.
GuruFocus Valuation Insights
GuruFocus estimates Nvidia Corp's (NVDA, Financial) GF Value over the next year to be $265.31, indicating a potential upside of 136.55% from the current stock price of $112.16. The GF Value represents GuruFocus's calculated fair value of the stock, derived from historical trading multiples, business growth history, and future performance projections. See more detailed data on the NVIDIA Corp (NVDA) Summary page.
