Weekly Recap | NVIDIA +1.26%, consensus target above spot
Weekly Review·
- Nvidia shares rose 1.26 % to close at 225.07 USD this week, slightly outperforming the S & P 500 amid volatile trading within a 221 to 230 USD range.
- Strong GPU demand driven by Musk 's AI project and Nscale 's 3.36 billion USD financing supported the stock, offsetting concerns from short sellers and AI valuation warnings.
- A total of 63 institutions maintain a consensus strong buy rating with a target price of 327.7 USD, representing a 45.6 % upside from the current price.