Analysts set a 12-month price target of $258.38 for NVDA, citing valuation and market sentiment constraints for a $300 breakout.
NVIDIA (NASDAQ:NVDA) is rated a buy with a price target of $258.38, implying 27.4% upside from its current $202.81. Analysts view a $300 year-end target as unlikely, requiring a 48% rally the market is unlikely to support.
The stock trades at a forward P/E of 23, significantly lower than AMD’s 69, while delivering 85% revenue growth. NVDA has slipped 3.86% in the past week and sits 28% below its 52-week high of $236.26, despite a Q1 FY27 revenue beat of $81.61 billion, up 85.2% year over year.
Sentiment has been pressured by reports of competitors like Google promoting TPUs and Japanese firms exploring alternatives, though Munich Re increased its NVDA position by 12.5%. Bull cases project $268.52 over 12 months, with Wall Street targets around $302.31.