Is Nvidia Stock Going to $190? 1 Wall Street Analyst Thinks So.

Motley Fool
2025.01.09 13:47
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Following Nvidia's CES 2025 presentation, Bank of America analyst Vivek Arya set a bullish price target of $190, suggesting a 35% upside. Nvidia is benefiting from trends in accelerated computing and AI adoption, with recent revenue growth at 94%. However, growth rates are expected to slow, with a projected 50% increase in fiscal 2026. If Nvidia maintains a P/E ratio of 47, the stock could exceed $200; if it drops to 35, it may only reach $155. Investors should temper expectations for Nvidia's returns this year.