Nvidia Stock Forecast

 Nvidia Stock Forecast

Nvidia Stock Forecast For The Next 12 Months

It wouldn't be wrong to say that Nvidia (NVDA) stock is doing the heavy lifting for the entire US stock market! And those who bought the Nvidia stock a few years back ended up making the best investments of their lifetime.

quick look at the last 5 years shows that Nvidia's stock price is up by more than 1200%. Now, that's the type of returns you don't normally expect from a blue-chip stock, but Nvidia has pulled it off successfully.

Analysts Are Bullish On Nvidia

But now, worries are building up that Nvidia might be overvalued, or we are in an AI bubble that will burst anytime. However, all the big analysts and investment banks are still bullish on the Nvidia stock price.

In fact, 65 out of 71 analysts have issued a BUY rating for the Nvidia stock, while just one has issued a SELL rating. For starters, Morgan Stanley has set a $250 target price for the Nvidia stock.

The average target price set by the analysts is $255, which means an upside of more than 40% from the current levels. So, if someone had put $7K into Nvidia stock, it would be worth $10K by the end of 2026.

But what if the Nvidia stock is undervalued? A quick look at the earnings forecast for FY2027 shows it is just near $7 per share. This is enough to tell us that Nvidia stock is not overvalued at all.

As for the revenue, analysts think it will cross $400 billion by the end of January 2028. Once again, that's a very bullish forecast and tells us that the P/E will drop even further.

The bottom line is that everyone is bullish on the Nvidia stock. On top of that, the earnings will also improve, which will push the P/E lower to more reasonable levels.

So, not only is the Nvidia stock price expected to move higher, but it is also far from being overvalued.

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