A strong possibility of a positive trend in the value of Nvidia's stocks, with a potential increase of up to 50% expected.
Nvidia, the market leader in Artificial Intelligence (AI), is gearing up to reveal its latest quarterly results on August 28. The tech giant has been performing exceptionally well, with its stock surging over 200% last year and continuing to perform strongly this year, thanks in part to the 1:10 stock split in June that made the stock more accessible to many investors.
The consensus among top analysts remains strongly positive, with 60 out of 67 experts advising to buy Nvidia's stock. On average, they see a 9% upside with a price target of $141 for Nvidia. Some analysts, such as Mark Lipacis of Evercore and Rick Schafer of Oppenheimer, predict even higher targets, with Lipacis seeing a 13% upside and a price target of $145, and Schafer a 16% upside and a price target of $150.
Hans Mosesmann of Rosenblatt Securities, however, sees the most potential in Nvidia, predicting a 50% upside with a price target of $200. It's important to note that the CEO of the publisher Börsenmedien AG, Mr. Leon Müller, has entered into positions, directly and indirectly, in Nvidia's financial instruments or related derivatives, which could benefit from the potential price development resulting from the publication. Similarly, the CEO and majority shareholder of Börsenmedien AG, Mr. Bernd Förtsch, has also entered into such positions.
The publisher Börsenmedien AG holds the rights to an index developed by them, the AI Index by BÖRSE ONLINE, which invests in some of the sector's top AI candidates. Börsenmedien AG has entered into a cooperation agreement with Nvidia, granting Nvidia a license to use the index. In return, Börsenmedien AG receives remuneration from Nvidia.
Despite some risks, the optimistic growth potential, especially in AI infrastructure, keeps the consensus robust. Nvidia's strong quarterly earnings and the optimistic outlook for the future make it an attractive investment for many. However, it's always recommended to do thorough research and consider seeking financial advice before making any investment decisions.
