In the early days of 2025, Nvidia’s (NASDAQ: NVDA) share price has hovered below the $150 mark, but technical indicators suggest this level could be surpassed in the first quarter of the year, potentially reaching $180.
Such a target could validate the anticipation of Nvidia making a decisive break above $150, especially following the technology giant’s strong Q3 2024 results.
Since the announcement, the artificial intelligence (AI) leader has faced volatility, with the stock remaining at risk of dropping below $130.
Notably, Nvidia ended the last trading session up 3.1%, closing at $138.01. On a weekly timeframe, the stock has gained over 4%. However, NVDA’s share price has dipped by a modest 0.45% year-to-date.
Nvidia stock price path to $180
Regarding the next price action, stock trading expert Mike Investing predicted in a January 17 X post that Nvidia is poised for a breakout, potentially reaching $180 by March 2025.
According to the analysis, the stock is in the final stages of a “cup and handle” formation, a bullish continuation pattern that historically results in an upside breakout.
With upward-sloping parallel lines, Nvidia’s current trading channel indicates a trend of higher highs and lows, supporting the optimistic outlook.
A breakout could push the stock to new highs as it approaches the channel’s upper boundary. Mike Investing noted that sentiment around Nvidia resembles the 2023 lows before a significant breakout, which historically led to rallies exceeding $50.
NVDA is set up for a massive rally going into February. <…> Every time sentiment gets this low, NVDA rallies $50+. $180+ incoming by March,” the expert said.
The possibility of NVDA preparing for a bullish run was also highlighted by investment strategist Jon Markman, who observed that the stock continues to consolidate, trading sideways in recent sessions.
Currently, the equity is hovering around the $136 to $137 range, reflecting a stable consolidation pattern. The equity has shown resilience, maintaining its position above the 200-day moving average (MA) of $120.44, which is key support. The 50-day MA, at $139.60, acts as immediate resistance, creating a narrow trading range.
“Sell your shares to me,” quipped Markman in an X post on January 17, hinting at a bullish stance on Nvidia’s future potential despite current market sentiment.
Nvidia stock fundamentals
The semiconductor giant’s potential price growth toward $180 heavily depends on maintaining its leadership in AI. To this end, analysts, including investment strategist Sahy Boloor, maintain the company could reach a $10 trillion market cap, driven by innovations in AI, the Omniverse platform, and advancements in quantum computing.
At the same time, the magnitude of the growth will also rely on the success of Nvidia’s next-generation Blackwell chips, despite initial overheating concerns, which the firm has reportedly addressed.
On the other hand, Wall Street analysts have offered a mixed outlook on Nvidia, though most experts remain bullish. For instance, Bank of America’s (NYSE: BAC) Vivek Arya reaffirmed a ‘Buy’ rating with a $190 target, highlighting the chipmaker’s unmatched role in AI across robotics, workstations, and autonomous driving.
Conversely, HSBC’s (NYSE: HSBC) Frank Lee maintained a ‘Buy’ rating but lowered his target from $190 to $185, citing weaker momentum expected in early FY26 and adjusting the data center revenue forecast from $253 billion to $236 billion.
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Source: https://finbold.com/expert-sets-date-when-nvidia-stock-will-hit-180/