Analysts revise Nvidia stock price target post earnings

After the recent Nvidia (NASDAQ: NVDA) earnings call, in which CEO Jensen Huang and CFO Colette Kress reported on the demand for their company’s artificial intelligence (AI) chips, Blackwell plans, and other aspects, Wall Street analysts have started to revise their Nvidia stock price targets.

Indeed, Nvidia has delivered a better-than-expected earnings report, stating that sales from the semiconductor giant’s data center business more than doubled in Q2 compared to the year before and reached a new record, as well as Huang referring to Blackwell as a “complete game changer for the industry.”

Wall Street’s Nvidia stock prediction

In this context, Wall Street experts have begun updating their Nvidia price target, with the average predicted price currently standing at $150.31, suggesting a  19.66% increase from its amount at press time, retaining the ‘strong buy’ rating, according to the latest TipRanks data on August 29.

As things stand, the lowest forecast Nvidia price target is currently $100, which represents a decline of 20.39% from Nvidia stock’s current price, whereas the highest suggested price for the next 12 months stands at $200, up 59.22%, as the data indicates.

Among analysts revising their Nvidia stock price targets is the Bernstein team, whose research experts have increased their NVDA prediction from $130 to $155, retaining an ‘outperform’ score, as they stressed that Nvidia continued to meet high expectations, with a clear prospect of datacenter sequential growth.

Furthermore, Bernstein’s analysts have highlighted their expectation that the introduction of “several” billion dollars of incremental Blackwell revenue in the fiscal Q4 would contribute to solid further sequential growth, as well as the anticipation of the Hopper architecture maintaining its sequential strength.

Meanwhile, analysts from Citi (NYSE: C) commented on Nvidia’s results and guidance of non-GAAP gross margins to 75.0%, as better than expected thanks to the “robust AI demand strength,” while Wells Fargo (NYSE: WFC) raised its price target from $155 to $165, urging investors to “buy the pullback.” As they explained:

“We find it hard to see the negatives in NVDA’s F2Q25 print, F3Q25 guide, and/or forward-looking Blackwell cycle comments.”

Elsewhere, Goldman Sachs (NYSE: GS) analysts have offered five potential scenarios for Nvidia stock, envisioning the lowest price target at $47 and the highest at $230, with the ‘base’ price target standing at $135, as per data shared by Barchart in an X post on August 29.

Maintained Nvidia stock ratings

At the same time, Barclays analyst Thomas O’Malley maintained a ‘buy’ rating on Nvidia stock, setting the price target at $145, alongside KeyBanc’s John Vinh, who also retained a ‘buy’ rating and set a price target at $180. However, Harsh Kumar from Piper Sandler (NYSE: PIPR) reduced it to $140, albeit reiterating a ‘buy’ score.

On top of that, TD Cowen analyst Matt Ramsay maintained a ‘buy’ rating with a price target of $165;  Rick Schafer from Oppenheimer (NYSE: OPY) also reiterated a ‘buy’ score with a $150 price target; and Morgan Stanley (NYSE: MS) expert Joseph Moore joined in with retaining a ‘buy’ rating and setting a $150 target.

Nvidia stock price history

For now, the price of Nvidia stock stands at $125.61, reflecting a 2.10% drop on the day and declining 3.37% across the week, while still holding onto the 12.56% gain over the month and accumulating a 160.76% advance year-to-date (YTD), as per the most recent information retrieved by Finbold on August 29.

So, why is Nvidia stock going down today? Apparently, Nvidia’s better-than-expected results have not been good enough to drive the price of its stock higher, and the answer to the question of ‘why did Nvidia stock drop?’ could lie in investors’ concern that Nvidia has come too far, too fast.

All things considered, Wall Street’s Nvidia stock prediction is generally optimistic, but doing one’s own research, including observing Nvidia stock price history and any related news, is critical when investing, as trends in the stock market can easily and rapidly change.

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