21.01.2025 14:33:00

1 Wall Street Analyst Thinks Nvidia Stock Is Going to $175. Is It a Buy?

Nvidia (NASDAQ: NVDA) stock may have soared by about 170% in 2024, but shares of the leading artificial intelligence (AI) semiconductor maker haven't done much in the most recent three months.But one Wall Street analyst thinks investors should take advantage of that lull. Oppenheimer's Rick Schafer just made the company one of his top picks for 2025 in the semiconductor sector. His firm's price target of $175 per share would represent a 27% gain from recent levels.That price would put Nvidia into elite territory, with a market cap of about $4.25 trillion. But that would make sense, according to Schafer. That's because he believes revenue just from Nvidia's data center segment will reach $172 billion in 2025. That would be an increase of about 50% compared to calendar year 2024.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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