Free Trial

NVIDIA (NVDA) Stock Forecast & Price Target

$128.20
+2.37 (+1.88%)
(As of 07/8/2024 ET)

NVIDIA - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$127.07
-0.88% Downside
High Forecast$200.00
Average Forecast$127.07
Low Forecast$62.00
TypeCurrent Forecast
7/10/23 to 7/9/24
1 Month Ago
6/10/23 to 6/9/24
3 Months Ago
4/11/23 to 4/10/24
1 Year Ago
7/10/22 to 7/10/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
38 Buy rating(s)
38 Buy rating(s)
37 Buy rating(s)
30 Buy rating(s)
Hold
5 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$127.07$113.02$91.63$40.07
Forecasted Upside-0.88% Downside23.96% Upside20.37% Upside42.76% Upside
Get NVIDIA Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for NVDA and its competitors with MarketBeat's FREE daily newsletter.

NVDA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

NVDA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

NVIDIA Stock vs. The Competition

TypeNVIDIAComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.91
2.61
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-0.88% Downside331.41% Upside12.00% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/8/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$120.00 ➝ $150.00+19.21%
7/5/2024New Street Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
P. Ferragu
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Neutral
7/1/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$116.00 ➝ $144.00+16.56%
6/27/2024Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$128.80 ➝ $140.00+11.55%
6/26/2024Cantor Fitzgerald
Subscribe to MarketBeat All Access for the recommendation accuracy rating
C. Muse
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetOverweight ➝ Overweight$140.00 ➝ $175.00+38.18%
6/26/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$126.00 ➝ $150.00+18.96%
6/24/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$135.00 ➝ $150.00+25.49%
6/21/2024Melius Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$125.00 ➝ $160.00+27.31%
6/18/2024Tigress Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$98.50 ➝ $170.00+25.39%
6/18/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$125.00 ➝ $155.00+16.49%
6/18/2024Rosenblatt Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$140.00 ➝ $200.00+52.70%
6/11/2024Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$110.00 ➝ $150.00+24.52%
6/11/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$131.00 ➝ $145.00+20.22%
6/11/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$120.00 ➝ $135.00+12.33%
6/10/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$120.00 ➝ $140.00+14.46%
6/10/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$1,200.00 ➝ $145.00+21.45%
6/10/2024Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetPositive ➝ Positive$120.00 ➝ $145.00+19.95%
6/4/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$118.00 ➝ $127.50+10.87%
6/3/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy$132.00 ➝ $150.00+32.12%
5/24/2024DZ Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold$102.50-1.25%
5/23/2024Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$100.00 ➝ $120.00+13.55%
5/23/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Outperform$110.00 ➝ $110.00+6.13%
5/23/2024Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$100.00 ➝ $135.00+31.23%
5/23/2024Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHold ➝ Hold$85.00 ➝ $100.00-2.80%
5/23/2024Craig Hallum
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$85.00 ➝ $125.00+21.51%
5/23/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetStrong-Buy ➝ Strong-Buy$110.00 ➝ $120.00+16.65%
5/23/2024Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$100.00 ➝ $130.00+36.91%
5/23/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$85.00 ➝ $115.00+21.12%
5/23/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$120.00 ➝ $125.00+31.65%
5/23/2024Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$85.00 ➝ $120.00+26.38%
5/23/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$105.00 ➝ $120.00+26.38%
5/23/2024KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$120.00 ➝ $130.00+36.91%
5/20/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$105.00 ➝ $120.00+29.76%
5/20/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$91.00 ➝ $108.50+17.32%
5/10/2024HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$105.00 ➝ $135.00+49.75%
3/6/2024CICC Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform$87.00+1.21%
2/22/2024DA Davidson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
G. Luria
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetNeutral ➝ Neutral$41.00 ➝ $62.00-8.11%
2/16/2024Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$120.00+65.16%
2/16/2024Piper Sandler Companies
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight$85.00+16.99%
11/22/2023Edward Jones
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
[Urgent] Hedge Funds Expect Major Crypto Moves (Ad)

In the year following Bitcoin’s last Halving event, that happened in May of 2020… Bitcoin shot up over 550%. But that’s not all…

Click here to register now.
11/22/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$60.00 ➝ $65.00+30.15%
8/28/2023Phillip Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeAccumulate ➝ Buy
8/24/2023Westpark Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy$69.00+46.45%
8/24/2023BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Outperform$74.50+58.12%
6/29/2023Daiwa Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Outperform$40.80 ➝ $47.50+16.36%
3/22/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Chris Caso
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Set Target$27.50+4.97%
2/23/2023Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$24.00 ➝ $26.00+25.28%
12/12/2022Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$20.00 ➝ $22.00+30.07%
11/17/2022Susquehanna Bancshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetPositive$18.00 ➝ $18.50+16.28%
11/16/2022Summit Insights
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy
8/25/2022Fubon Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 06:03 AM ET.

NVDA Forecast - Frequently Asked Questions

What is NVIDIA's forecast for 2024?

According to the research reports of 44 Wall Street equities research analysts, the average twelve-month stock price forecast for NVIDIA is $127.07, with a high forecast of $200.00 and a low forecast of $62.00.

Should I buy or sell NVIDIA stock right now?

44 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NVIDIA in the last year. There are currently 5 hold ratings, 38 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NVDA shares.

Does NVIDIA's stock price have much upside?

According to analysts, NVIDIA's stock has a predicted upside of 22.96% based on their 12-month stock forecasts.

Has NVIDIA been downgraded by Wall Street analysts recently?

Over the previous 90 days, NVIDIA's stock had 2 downgrades by analysts.

Do Wall Street analysts like NVIDIA more than its competitors?

Analysts like NVIDIA more than other "computer and technology" companies. The consensus rating score for NVIDIA is 2.91 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how NVDA compares to other companies.


This page (NASDAQ:NVDA) was last updated on 7/9/2024 by MarketBeat.com Staff

From Our Partners