Wall Street sets Nvidia (NVDA) stock price for next 12 months

Nvidia (NASDAQ: NVDA) remains at the forefront of market attention, and Wall Street’s latest projections suggest the story is far from over.

Fresh data from TipRanks shows that 40 Wall Street analysts have their 12-month outlook on the stock at an average price target of $172.36, offering a potential upside of 20.35% from Nvidia’s most recent closing price of $143.21.

That sentiment is not exactly cautious. Of the 40 analysts, 35 rate the stock a Buy, with just 4 Hold recommendations and a single Sell call. With demand for AI chips and data centre hardware driving record revenues, few are betting against Nvidia’s ongoing momentum.

The current high price target stands at $210, while the lowest forecast comes in at $100, reflecting a wide range of expectations amid recent volatility in the broader tech sector.

Nvidia price targets this week

June has already seen several key analysts reaffirm their conviction in Nvidia’s growth story. On June 12, Fang Boon Foo of DBS reiterated a $160 target, while Mark Lipacis of Evercore ISI held firm at $190, pointing to a potential upside of 32.71%. Further June updates include Joseph Moore at Morgan Stanley, Stacy Rasgon of Bernstein, and Atif Malik of Citi, with targets ranging from $170 to $185.

In short, the Street sees plenty of room for Nvidia to extend its leadership in AI and chip markets. While valuation concerns linger in some corners, the bulk of analyst commentary remains focused on Nvidia’s long-term positioning rather than short-term price swings.

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