NVIDIA's stock price is currently showing bullish signals, and analysts have positive predictions for the next week.
- Bullish Analyst Consensus: The consensus among analysts is bullish, with a strong buy rating and a high average price target of $151.88, indicating potential for price appreciation1.
- Recent Performance: NVIDIA's stock has shown strong performance recently, with a 1-week percentage change of 13.09% and a 1-month percentage change of 28.68%2. This recent momentum could continue into the next week.
- Technical Indicators: The stock's 5-day moving average is $125.22, its 10-day moving average is $123.35, and its 20-day moving average is $120.273. The fact that the 5-day moving average is above the 10-day and 20-day moving averages suggests a short-term upward trend.
- Forecast Prices: While short-term forecast prices are not available, the long-term forecast for NVIDIA's stock price in 2025 is optimistic, with predictions of reaching $1504. This suggests that analysts expect the stock price to continue its upward trajectory in the coming weeks.
- Investor Sentiment: Investor sentiment is neutral to positive, with 20% of investors holding NVIDIA in their portfolios5. The average holding size is 13.30% of portfolios, indicating strong confidence in the stock5.
- Market Position and Earnings: NVIDIA's dominant position in the AI chip market and strong earnings growth, with quarterly revenue increasing in the triple digits year over year4, provide a solid foundation for positive price predictions.
In conclusion, NVIDIA's stock price is likely to continue its bullish trend in the next week, supported by strong analyst consensus, recent performance, and optimistic price targets.