Where NVIDIA Stands With Analysts
Portfolio Pulse from Benzinga Insights
NVIDIA (NASDAQ:NVDA) has received a range of analyst ratings over the past three months, with a majority being bullish. Analysts have raised the average 12-month price target by 8.69% to $151.88. NVIDIA's financial performance is strong, with significant revenue growth, high net margins, and efficient debt management.
October 08, 2024 | 3:01 pm
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POSITIVE IMPACT
NVIDIA has received predominantly bullish analyst ratings, with an increase in the average 12-month price target to $151.88. The company's strong financial performance, including a 122.4% revenue growth rate, supports positive sentiment.
The majority of analysts have given NVIDIA a bullish rating, and the average price target has increased by 8.69%. This, combined with NVIDIA's strong financial metrics such as high revenue growth and efficient debt management, suggests a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100