Nvidia Price Target Cut to $163—Will the Stock Rebound or Drop?

Nvidia Price Target Cut to $163—Will the Stock Rebound or Drop?

Nvidia (NASDAQ: NVDA) has been under pressure, with multiple analysts adjusting their price targets downward following the recent selloff. The stock is currently trading at $128.68, well below its all-time high (ATH) of $153.12.

  • Citi analyst Atif Malik has lowered Nvidia’s price target to $163 (from $175), signaling concerns over near-term headwinds.
  • Penn Mutual Asset Management, however, remains bullish, calling the DeepSeek-induced dip a buying opportunity and maintaining a $152 price target with an overweight rating.
  • Morgan Stanley analysts reassured investors on Feb. 6, advising against panic selling.

While some analysts still see upside, CoinCodex’s price prediction is more bearish, estimating that Nvidia could drop to $117 within the next three months.

Technical Breakdown: Is Nvidia Losing Momentum?

Nvidia recently dropped 6%, triggering concerns about whether its bullish momentum is fading. However, some analysts still see a path to $200 in the long term.

According to latest price action analysis:

  • Nvidia remains in strong demand among institutional investors.
  • The broader AI-driven stock rally still favors Nvidia.
  • However, short-term volatility could drive further downside.

Where Is Nvidia Headed Next?

With analysts split between bullish long-term projections and short-term downside risks, Nvidia’s price action remains highly uncertain.

  • Bearish case: CoinCodex predicts $117 in 3 months due to potential market corrections.
  • Bullish case: Penn Mutual and Morgan Stanley see the selloff as a buying opportunity.

With AI demand soaring, Nvidia’s long-term prospects remain strong—but short-term turbulence could create both risks and opportunities for investors.

Source: https://coincodex.com/article/62511/nvidia-price-target-cut-to-163will-the-stock-rebound-or-drop/