As of right now, what is nvda price target in the short term. For example, by the end of

Nvidia's short-term price target is $126.57. This is the closing price of NVDA stock as of June 21, 2024.

1. Analyst Consensus: The consensus rating for NVDA is "Strong Buy" as of June 21, 2024. This indicates that analysts have a positive outlook on the stock.
2. Recent Performance: The stock has experienced a 1-Week Percentage Change of -4.03%, which suggests a recent decline. However, the 3-Month Percentage Change is a significant positive at 38.43%, indicating a longer-term upward trend.
3. Trading Volume: The 3-Month Average Trading Volume is reported at 5.65 billion shares, which is a substantial level of trading activity, indicating investor interest and market participation.
4. Valuation Metrics: The P/E (TTM) ratio is high at 73.09, which could suggest that the stock is overvalued or that investors are expecting high growth rates. Additionally, the EPS has shown strong growth, with the latest reported EPS being $6.04.
5. Financial Health: Nvidia's net income has been growing significantly, with a year-on-year growth rate of 628.39% as of March 31, 2025, and a strong Return on Equity (ROE) of 32.31% as of March 31, 2025, indicating robust profitability and efficiency.
6. Market Sentiment: Despite the recent dip, analysts are optimistic about Nvidia's future. The average price target from analysts is $1031.53, which is significantly higher than the current price, suggesting potential for growth. Furthermore, there is a "rush of demand" expected for Nvidia's chips, potentially amounting to as much as $10 billion, which could drive the stock price higher.
7. Technical Indicators: The stock's technical indicators, such as the Fear & Greed Index, suggest a bullish sentiment. This indicates that the market sentiment is positive in the short term.

In conclusion, while the short-term price target is below the current analyst average price target, the "Strong Buy" consensus rating and positive long-term growth indicators suggest that NVDA could see a recovery in the near term. However, investors should monitor the stock's performance in the current market conditions and consider their investment horizon when making decisions.