Is Nvidia Stock Going to $190? 1 Wall Street Analyst Thinks So.

Following Nvidia's (NASDAQ: NVDA) presentation at CES 2025, Bank of America analyst Vivek Arya reiterated a bullish view on Nvidia's growth trajectory and stock appreciation potential. The stock has had a phenomenal run over the last few years, but Arya's price target of $190 implies 35% upside for the shares over the next year or so. Let's see if that estimate is reasonable based on Nvidia's growth and valuation.Nvidia is benefiting from two massive trends right now. One is the transition from general-purpose computing to accelerated computing, which is driving strong demand for Nvidia's graphics processing units (GPUs). The other opportunity is the growing adoption of artificial intelligence (AI) solutions, where Nvidia is developing computing platforms to enable everything from humanoid robotics to autonomous transportation. Consistent with these trends, Nvidia has been growing its business at very high rates in recent years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool