NVIDIA Stock Momentum Builds; Analysts Signal More Upside
NVIDIA Today
$144.12 -0.57 (-0.39%)
As of 04:00 PM Eastern
- 52-Week Range
- $86.62
▼
$153.13
- Dividend Yield
- 0.03%
- P/E Ratio
- 56.72
- Price Target
- $173.05
A quick glance at the news cycle reveals catalysts that will drive NVIDIA’s NASDAQ: NVDA stock price higher. A move higher in mid-June is significant because putting this market at an all-time high won’t take much. In that scenario, the robust technical outlook could lead NVIDIA’s share price to the high end of the analysts’ target range.
That puts this market above $200, at $220, a 40% increase from the critical resistance target, and it could be a quick move.
The primary catalyst is the upcoming earnings report, but there…
