Summary:
- Nvidia's stock experiences a slight uptick as Morgan Stanley raises its 2027 revenue forecast due to robust GPU demand fuelled by AI growth.
- Analysts project an average upside potential of over 55% for Nvidia's stock based on one-year price targets.
- GuruFocus estimates Nvidia's stock to have a substantial potential upside of 146% based on its GF Value.
Nvidia (NVDA, Financial) witnessed a modest 0.5% increase in premarket trading following Morgan Stanley's decision to elevate their 2027 revenue forecast for the tech giant. This optimistic outlook is driven by the escalating demand for GPUs, a direct result of advancements in artificial intelligence. Although macroeconomic concerns linger, Nvidia's projected revenue for fiscal 2027 has surged to $255.5 billion.
Wall Street Analysts Forecast
According to the analysis of 50 analysts, the average one-year price target for NVIDIA Corp (NVDA, Financial) stands at $165.41. This includes a high estimate of $235.92 and a low estimate of $115.00, translating into an anticipated upside of 55.41% from the current share price of $106.43. For a deeper dive into these estimates, visit the NVIDIA Corp (NVDA) Forecast page.
Brokerage firm consensus currently designates NVIDIA Corp's (NVDA, Financial) average recommendation as 1.8, categorizing it as "Outperform." This rating is based on a scale where 1 indicates a Strong Buy and 5 signifies a Sell.
GuruFocus GF Value
GuruFocus estimates that the GF Value of NVIDIA Corp (NVDA, Financial) in a year's time is projected at $261.93. Compared to the current trading price of $106.43, this implies an impressive upside of 146.11%. The GF Value is derived from historical trading multiples, past business growth, and future performance projections. For more on these calculations, explore the NVIDIA Corp (NVDA) Summary page.
