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Will Nvidia Hit $300 This Year?

Will Nvidia Hit $300 This Year?

Quick Read

  • 24/7 Wall St. rates NVDA a BUY at $258 implying 27% upside, but $300 by year-end requires a 48% move the market won’t underwrite.

  • NVDA trades at a forward P/E of 23, which is far cheaper than AMD’s 69, while delivering 85% revenue growth that dwarfs both rivals.

  • Don’t wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

NVIDIA (NASDAQ:NVDA) has become the defining name of the AI infrastructure buildout. The question dominating investor inboxes is whether the stock can punch through $300 before year-end. Our answer, based on our proprietary model, is no.

Jensen Huang stands in front of a white NVIDIA logo backdrop, wearing a black leather jacket, with both hands raised and open while speaking.
BenBen Lam via YouTube

Our 24/7 Wall St. price target for…

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