Nvidia Corp. (NVDA)
Nvidia Corp. recently faced a significant analyst downgrade from Piper Sandler, which cut its 12-month target price from $175 to $150 following the company’s disclosure that it expects to incur $5.5 billion in charges. These charges are linked to new U.S. export restrictions on its H20 artificial intelligence chips, which are tailored for the Chinese market. The export controls create uncertainty around Nvidia’s future sales and growth in one of its most important international markets.
Despite the downgrade, broader analyst sentiment on Nvidia remains positive. According to data from 39 analysts, the average target price for Nvidia over the next 12 months is $171.28, indicating optimism that the company can navigate these headwinds. The average analyst rating for the stock is Strong Buy, showing widespread confidence in Nvidia’s long-term growth potential, particularly in AI and data center markets.
Stock Target Advisor’s analysis labels the stock as “Slightly Bullish,” based on a blend of 12 positive and 7 negative signals, suggesting a cautious but generally optimistic outlook.
In terms of recent performance:
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The stock is currently trading at $112.20
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It has gained +16.51% over the past week
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It has declined -7.78% over the past month
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It is still up +30.46% over the past year
Overall, Nvidia remains a high-growth tech company facing near-term headwinds due to geopolitical issues, but still retains strong support among analysts and investors.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
