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'$200 Is in Sight': Top Analyst Sees 70% Upside for Nvidia Stock


Published on 2025-03-21 02:21:10 - TipRanks
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  • Nvidia (NASDAQ:NVDA) has risen to the top of the market cap rankings due to the strength of its products, and given what's on the horizon, it will

The article from MSN discusses a bullish outlook on Nvidia Corporation's stock by analyst Hans Mosesmann from Rosenblatt Securities. Mosesmann has set a price target of $1,400 for Nvidia, suggesting a potential 70% increase from its current price, which would push the stock value close to $2,000. This optimistic forecast is based on Nvidia's strong performance in the AI sector, where it holds a significant market share. The analyst's confidence stems from Nvidia's ability to maintain its lead in AI technology, with expectations of continued growth in data center revenue and the potential for new product cycles. Despite the high valuation, Mosesmann believes that Nvidia's stock is still undervalued given its growth prospects in AI and other high-performance computing markets.

Read the Full TipRanks Article at:
[ https://www.msn.com/en-au/money/savingandinvesting/200-is-in-sight-top-analyst-sees-70-upside-for-nvidia-stock/ar-AA1BlJBv ]