Apple is a world-class investor facing temporary stock pressure, while NVIDIA’s stock receives positive ratings with a $1,050.00 target price.
Stock AI’s forecasts:
🔴 (-2.0%) short-term forecast
🔴 (-1.9%) long-term forecast
Stock AI’s (NVDA) Forecast get (+63.6% Profit)
StockAI’s analysis delivers real-world results. On 05 January 2024, $NVDA ($488.68), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $799.54 (🟢63.6%). Buying NVDA on this signal yielded a +63.6% profit 💰💰.
NVDA-NVIDIA Corporation News
🟢 Susquehanna reaffirmed positive rating on NVDA stock with a target price of $1,050.00, indicating potential growth.
🔴 Raymond James raised price target on NVDA from $850.00 to $1,100.00, suggesting potential downside.
🔴 NVIDIA Director and insiders sold shares, indicating lack of confidence in stock, causing concern.
🟢 UBS Group raised price target on NVDA from $800.00 to $1,100.00, signaling positive outlook.
🟢 Evercore ISI assumed coverage on NVDA with an “outperform” rating and a $1,160.00 price target, indicating growth potential.
🔴 GraniteShares 2x Long NVDA Daily ETF saw a significant increase in short interest during March, potential negative impact.
NVIDIA Corporation (NVDA) has recently seen a mix of positive and negative news that could impact its stock price. While analysts have reiterated positive ratings and raised price targets, insider selling and increased short interest have raised concerns among investors. The positive ratings and target price increases suggest potential growth for NVDA, but the insider selling and short interest raise red flags. Investors should closely monitor these developments to make informed decisions about their NVDA investments.
NVDA-NVIDIA Corporation Analyst Ratings
📈 KeyCorp analysts raised their price target for NVIDIA Corporation (NASDAQ:NVDA) stock from $1,100.00 to $1,200.00.
📈 Evercore ISI initiated coverage on NVIDIA Corporation (NASDAQ:NVDA) with an “outperform” rating and a $1,160.00 price target.
📉 Susquehanna reaffirmed their positive rating on shares of NVIDIA Corporation (NASDAQ:NVDA) with a $1,050.00 target price.
Sources:
KeyCorp analyst rating
Evercore ISI analyst rating
Susquehanna analyst rating
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
Ready to analyze your own portfolio?
Get the same AI-powered insights for any stock you choose. It's easy!
