Key Highlights:
- Nvidia (NVDA, Financial) faces challenges as Huawei plans to launch competing AI chips.
- U.S. export restrictions on Nvidia's H20 chips might result in significant financial impacts.
- Analysts project a potential upside for Nvidia shares despite current market pressures.
Nvidia (NVDA) recently experienced a 4.5% decrease in share value following reports that Huawei intends to launch AI chips to compete with Nvidia's H100 models. This strategic move by Huawei comes in the wake of U.S. export bans specifically targeting Nvidia's H20 chips to China. Analysts have expressed concerns that these restrictions might bring about substantial financial setbacks for Nvidia.
Wall Street Analysts' Projections
Insights from 50 analysts over the next year reveal that the average price target for NVIDIA Corp (NVDA, Financial) stands at $166.13, with expectations ranging between a high of $235.92 and a low of $115.00. This forecast suggests a potential upside of 67.83% from Nvidia's current stock price of $98.99. Investors can explore more in-depth analysis and estimates on the NVIDIA Corp (NVDA) Forecast page.
Moreover, with 63 brokerage firms weighing in, NVIDIA Corp's (NVDA, Financial) consensus recommendation is an average of 1.8, signaling an "Outperform" rating. The assessment scale ranges between 1, indicating a Strong Buy, to 5, suggesting a Sell.
Evaluating Nvidia's GF Value
According to GuruFocus estimates, the projected GF Value for NVIDIA Corp (NVDA, Financial) in one year is estimated at $262.49. This figure indicates a substantial anticipated upside of 165.18% from the present price of $98.987251. The GF Value is a critical measure used by GuruFocus to determine the fair trading value of a stock, calculated based on past trading multiples, historical business growth, and projected future performance. For more comprehensive data, visit the NVIDIA Corp (NVDA) Summary page.
