Reported 11 months ago
Constellation Research predicts Nvidia stock will rise 65% to $200 per share in one year and continue to soar over the next 18 to 24 months due to its AI dominance and seven moats that contribute to its growth. With a visionary founder-led CEO, high barriers to entry, high switching costs, dominant market share, strong product roadmap, GPU as the default standard in AI, and impressive numbers, analysts believe the stock presents a buying opportunity despite a recent decline, aligning with other Wall Street firms projecting a $200 price target for Nvidia.
Source: YAHOO