What is nvidia prediction for tomorrow


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Based on the analysis, here is the prediction for Nvidia's stock price tomorrow:
- Analyst Ratings: According to 41 analysts, the average price target is $140.70, with a high forecast of $200.00 and a low forecast of $90.001. This suggests that there is a range of opinions among analysts, with some predicting a significant increase in stock price, while others have more conservative forecasts.
- Technical Indicators: The technical indicators show a MACD of -3.05, KDJ of 13.67, and RSI of 48.742. These indicators generally point to a bearish trend in the short term, which could potentially lead to a decline in stock price.
- Market Sentiment: Despite the bearish technical indicators, the overall market sentiment is positive, with Nvidia being considered a "Strong Buy" by 37 analysts3. This suggests that there is still confidence in the company's long-term prospects, which could support a recovery in stock price.
- Company Fundamentals: Nvidia's P/E ratio is 71.37, P/S ratio is 29.17, and P/B ratio is 61.374. These high ratios indicate that the stock is relatively expensive, which could be a factor in any decline due to market revaluation.
- Recent News: There is no recent news about a new flagship A.I. chip for China, which could be a catalyst for a positive stock movement3. However, the anticipation of this development could already be reflected in the stock price, and any delay or change in plans could lead to a decline.
In conclusion, while there is a range of predictions for Nvidia's stock price, it is likely to experience some volatility due to a combination of analyst sentiment, technical indicators, and market revaluation of fundamentals. Investors should monitor the market closely and consider their investment strategies accordingly.
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Nvidia (NVDA) Stock Forecast & Price Target
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