1 Wall Street Analyst Thinks Nvidia Stock Is Going to $175. Is It a Buy?
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Nvidia's stock recently dropped due to competition concerns from DeepSeek, a Chinese AI start-up. Citigroup analyst Atif Malik maintains a "buy" rating with a $175 price target, suggesting a 40% upside from the current price of $125. While some analysts are skeptical about DeepSeek's low-cost AI model, Nvidia's data center revenue has significantly increased. The impact of DeepSeek on Nvidia remains uncertain, and investors are advised to wait for Nvidia's earnings report on Feb. 26 for clearer insights into demand trends.
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