On August 24, 2022, NVIDIA (NVDA) published a report for the second quarter of fiscal year 2023. The report fell short of analysts’ expectations. Following the report, 12 analyst firms lowered their price targets for NVIDIA (NVDA) shares for the next 12 months. Analyst firm Baird has set its lowest price target at $135. Also, analyst firms JP Morgan, Citigroup, Raymond James, Barclays, Benchmark, BMO Capital, Mizuho, Wedbush, Truist Securities, Truist Securities and Craig-Hallum changed their target prices. The general consensus forecast is “buy”. According to analysts, the average target price is $230.00. NVIDIA (NVDA) stock price is $179.13 as of August 25, 2022.