Reported 2 days ago
After Nvidia's presentation at CES 2025, Bank of America analyst Vivek Arya remains optimistic about Nvidia's future, projecting a $190 price target which suggests a 35% increase in the coming year. Nvidia is capitalizing on trends like accelerated computing and AI adoption, with strong recent revenue growth. However, future growth rates may slow, leading to a potential range of $155 to over $200 for the stock based on varying valuation multiples. Investors should temper expectations for returns this year.
Source: YAHOO