NVIDIA Stock Price Target 2023, 2024, 2025, and 2030
In the dynamic realm of financial markets, both investors and analysts are in a constant quest for valuable investment prospects. NVIDIA Corporation, widely recognized for its leadership in the domains of graphics processing units (GPUs) and artificial intelligence (AI) technology, has consistently piqued the curiosity of those exploring the intricate landscape of stock investments. In this article, I will provide technical analysis of NVIDIA Stock Price Target.
What is Nvidia?
Nvidia is an American multinational technology company based in Santa Clara, California. The company was founded by Jensen Huang, Chris Malachowsky, and Curtis Prime. Nvidia is a software and fabless company that produces graphics processing units, system-on-chip units for mobile computing, and application programming interfaces for high-performance computing and data science.
Nvidia is a global leader in artificial intelligence software and hardware. The professional graphic processing units are used in workstations in various fields like automotive, entertainment and media, construction, architecture and engineering, manufacturing design, and scientific research.
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Nvidia stock price
The current Nvidia stock price is $206.55. The stock touched its highest price of $345 in November 2021. The company was listed on the New York Stock Exchange in 1999.
Nvidia stock price technical analysis
Nvidia’s stock price pattern has formed a downward rectangle pattern since November 2021. Thereafter, the stock price decreased significantly. The stock has been moving inside the two trend lines.
The downward trend is an indication that the stock might not perform very well. However, the stock made a comeback in January 2023 when the stock price broke the upper trend line and moved in an upward direction.
Now the stock is again going to retrace the upper trend line and once it touches the line, the prices are expected to move upward.
If anyone had invested at this point would have earned more than 30% return on investment if exited at the given point.
The conservative and aggressive investors should wait for the price to come down to $150 – 160.
Nvidia stock price target
Nvidia stock price target 2023
Nvidia stock price is likely to increase by 80% at the end of 2023. The price can go up to $360. The analyst has a positive opinion of Nvidia stock and the forecasted price is $390.
Nvidia stock price target 2024
Nvidia stock price is expected to be between $390 and $410. The total return on investment is likely to be more than 90%.
Nvidia stock price target 2025
Nvidia stock price target for 2025 is expected to be between $470 and $550. This means the stock will give more than 150% return on investment from today.
Nvidia stock price target 2030
Nvidia stock price target for 2030 expected to be range between $1060 and $1093. This will give more than 400% return on investment if invested today.
Nvidia dividend declaration
Nvidia declared dividends at a fixed interval. In almost every quarter the company declared a dividend of 4 cents starting from December 2018. Anyone investing in Nvidia can expect a minimal dividend in each quarter.
To, conclude, the above analysis presents a technical analysis of NVIDIA Stock Price Target.
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Disclaimer: If you want to invest in the stock market, you should consult your financial advisor before making a buying decision. You should assess the risk and study the company details.
Frequently asked questions
Is Nvidia expected to go up?
Yes, Nvidia is expected to go up in the future.
Is Nvidia a good buy right now?
Yes, Nvidia is a good buy right now because the stock has received a consensus rating based on the prediction by 23 stock analysts.
What is the target price for Nvidia?
For 2023, the target is between $360 and $390.
How much will Nvidia stock be in 2030?
Nvidia stock is expected to be between $1060 and $1093
What is the 12 month price target for Nvidia stock?
The 12 month price target is between $390 and $410
What will Nvidia stock price be in 2025?
The stock price is expected to be between $470 and $550
Is Nvidia good long term stock?
Yes, Nvidia is a good long-term stock and it is likely to give a significant return on investment in the coming few years.
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