Nvidia's stock has experienced significant fluctuations, entering correction territory with a more than 10% decline from its recent all-time high, marking an 11.22% pullback to $830.22 from a high of $935.10. Despite this, major financial institutions like Morgan Stanley and Bank of America have shown confidence in Nvidia's prospects. Morgan Stanley raised its price target for Nvidia to US$1,000 from $795, maintaining an Overweight rating, while Bank of America reiterated a $1,100 price target, emphasizing the solid fundamentals and the stock's potential for strong future moves with a 26.4% potential upside. This optimism is underpinned by the anticipated expansion of data centers by large corporations in the next 3-4 years and Nvidia's position in the AI chip market competition, despite concerns over Google's server CPU. Additionally, Raymond James and other analysts have also increased their price targets for Nvidia, further highlighting the confidence in Nvidia's ongoing revenue momentum and its role in the AI technology sector.
$NVDA #update 👊 See before/after yesterday's idea https://t.co/zmFTaJ5HTz https://t.co/BJmy95pYOl
$NVDA #update 890 1st Target incoming Locked some in community @TENETTRADEGROUP https://t.co/MrS1iDxjy1 https://t.co/8CrqhrdKHB
$NVDA #update 890 Target incoming Locked some in community @TENETTRADEGROUP https://t.co/JYPLA6rk56 https://t.co/8CrqhrdKHB
$NVDA ❖ NVIDIA SHARES EXTEND GAINS, LAST UP 2.1%
$NVDA locked all for profits! $SPY looks not good https://t.co/1JmfqVu6h3
Why Nvidia Stock Could Top $1,000 A Share After May Earnings Report https://t.co/K9VzpdiRIN
$NVDA lets hit 890 so far 60%+ profits below 885.5 will lock https://t.co/UNvXpKPHxn
$NVDA locked all mo positions almost hit my level 885.5
$NVDA kept its strong buy rating and upped its price target by $250 to $1,100, suggesting 26.4% potential upside for the stock
$NVDA Raymond James raised its price target on Nvidia to $1,100, noting revenue momentum will stay strong.
$NVDA #daily Held some from today's adds! Unless Market Pukes, $NVDA has a decent setup over 880 Pivot , will scale over that if confirmed #chartidea https://t.co/kFDTO3w0Ea
$NVDA | Down Day In The Markets? No Problem For Nvidia: 'PreMarket Prep' Co-Host's Pick Rockets Higher @TripleDTrader, a cohost on Benzinga's Premarket Prep, called out NVIDIA ahead of Wednesday's open as a name to watch. Subsequently, Nvidia traded higher, outperforming both… https://t.co/ZgPyJBISKJ
$NVDA enters correction territory. Is it time to be worried about its status as the leader in the A.I. arms race? 💻 @Daniel_Rubino breaks down the outlook for the chipmaker with @NPetallides:
BoA Maintain Buy, top pick, $1100 PO for $NVDA "We believe the fundamentals are solidly on track and periods of consolidation (trading sideways) tend to set the stock up for strong moves later. Valuation compelling at 28x CY25 PE vs. 40%+ EPS CAGR from CY23-26E (implies <1x PEG… https://t.co/QqA2lwGxJk
$NVDA NVDA a day , keeps other Trades away! Turned from B- to A+ this morning for us, as I said NVDA leading the way Special Thanks Morgan Stanley! https://t.co/RY4h2kDORT https://t.co/BDCmxb7Tnl
$NVDA ❖ NVIDIA SHARES FALL 1.6% AFTER CLOSING AT A MORE THAN ONE MONTH LOW ON TUESDAY
NVIDIA $NVDA target raised at Morgan Stanley as business 'continues to strengthen' https://t.co/6AP9MksIA0 https://t.co/nMr3lnT8IJ
$NVDA (-1.4% pre) Nvidia enters correction territory as stock falls 10% from all-time highs - CNBC https://t.co/YQQmpEGiYD
Analyst revamps Nvidia price target amid slump as Mag 7 earnings loom https://t.co/w3yDtWjSL6
BofA on $NVDA Since an all-time high of $950/sh on Mar-25 following its GTC tradeshow, NVDA is down about -11%, underperforming the SOX/SPX. Volatility is not new, the current selloff marks the 9th time NVDA stock has declined ~10% or more since ChatGPT was launched back in…
Nvidia $NVDA has entered “correction territory,” with its shares now down 10% from their most recent all-time closing high - CNBC
$NVDA ❖ NVIDIA CORP: MORGAN STANLEY RAISES TARGET PRICE TO $1000 FROM $795
$NVDA $INTC ❖ NVIDIA SHARES DIP 1% PREMARKET AFTER CLOSING AT A MORE THAN ONE MONTH LOW ON TUESDAY ❖ INTEL SHARES RISE 1% PREMARKET, ADDING TO NEAR 1% GAIN ON TUESDAY AFTER CO REVEALED DETAILS OF NEW AI CHIP
NVIDIA SHARES DIP 1% PREMARKET AFTER CLOSING AT A MORE THAN ONE MONTH LOW ON TUESDAY
$NVDA | What's Next For Nvidia As Stock Enters Correction Zone? Munster Singles Out Crucial Question Market Has About AI Ahead Of Inflation Data Tuesday's intraday low of $830.22 marked an 11.22% pullback from a recent high of $935.10 (March 25 intraday high) The crucial… https://t.co/ts7IEEpuMq
Morgan Stanley raises NVDA target to US$1000 from $795, keeps Overweight rating. - large corporations planning to expand their data centres over the next 3-4 years, signalling enduring demand - the market is still too focused on the use of chips for large language models, to the…
on $NVDA 2 calls out after the bell Morgan Stanley raising their price tgt to $1000 BofA also defending todays weakness reit $1100 price tgt , saying "Google server CPU has no implication for $NVDA"
Nvidia stock tumbles as AI chip competition heats up https://t.co/T96phO4dHy