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He raised his price target on the stock to $204 from $169. Following the nods from Wall Street, Nvidia shares rallied as much as 4.8% Wednesday. ... Nvidia stock is still off roughly 11% from its ...
However, Nvidia's average P/E ratio over the last 10 years is 58.6, so you could argue that the stock is actually cheap right now. NVDA PE Ratio Chart NVDA PE Ratio data by YCharts.
Nvidia stock (NVDA) led gains among the “Magnificent Seven” tech stocks to start the new year after a group-wide sell-off in the last days of 2024. Shares of the AI chipmaker rose 4.5% Friday ...
Nvidia stock hit an all-time intraday high Monday as Wall Street analysts raised their price ... while investment research firm CFRA raised its price target for Nvidia last week from $139 to $160 ...
The stock's median 12-month price target of $150 -- as per 64 analysts who cover Nvidia -- indicates that there isn't much upside on offer as it points toward gains of just 9% from current levels.
Overall, Nvidia seems like a great company, but a risky stock at this price. Selling shares and buying something more attractive may make sense. Should you invest $1,000 in Nvidia right now?