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MarketBeat
Business
Thomas Hughes

NVIDIA to Rise by Another 50%? Analyst Trends Say Yes

Nvidia MarketBeat JPMorgan Wedbush

As spectacular as NVIDIA’s (NASDAQ: NVDA) price rise has been, the analysts' trends suggest it is far from over. In fact, the trends, which include increasing coverage, firming sentiment, and upward price target revisions, are as strong as they’ve ever been.

NVIDIA’s coverage is among the most robust in the marketplace, with 48 tracked by MarketBeat, the sentiment firmed to Buy from Moderate Buy, and the price target indicates a 15% stock price increase as of the end of October. 

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