Where Does Wall Street Think NVIDIA Corporation (NVDA) Stock Will Go?

Wall Street is positive on NVIDIA Corporation (NVDA). On average, analysts give the stock a Strong Buy rating. The average price target is $230.456, which means analysts expect the stock to increase by 3.17% over the next twelve months. That average ranking earns the stock an Analyst Rating of 64, which is better than 64% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating NVDA a Strong Buy today. Find out what this means to you and get the rest of the rankings on NVDA!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With NVIDIA Corporation Stock Today?

NVIDIA Corporation (NVDA) stock is trading at $223.37 as of 2:11 PM on Wednesday, Sep 8, a decline of -$3.25, or -1.43% from the previous closing price of $226.62. The stock has traded between $219.77 and $226.10 so far today. Volume today is low. So far 20,068,165 shares have traded compared to average volume of 27,036,733 shares. Click Here to get the full Stock Report for NVIDIA Corporation stock.