NVIDIA (NVDA) Stock Forecasts for 2023: Average target price $250

Posted by:Alex Belov Posted on:Jun 22,2022

NVIDIA designs, develops and markets three-dimensional (3D) graphics processors and software for its products. The company is the market leader in interactive 3D graphics for the mass market personal computers. In the long term, games and the launch of the Metaverse will remain a strong growth driver for the company. On May 27, 2022, analysts at Baird released the latest price target for NVIDIA (NASDAQ: NVDA) stock at $165 over the next 12 months. Over the past year, 65 analyst firms have published NVIDIA (NVDA) stock forecasts for 2023. The average analyst price target is $250. Analysts’ consensus forecast is to buy. Let’s take a look at the latest analyst forecasts and target price changes.

Forecasts, Upside Potential for NVIDIA (NVDA) stock in the Next 12 Months

NVIDIA (NVDA)
NVIDIA
NVDA
Price on June 22, 2022
$163.46 
Consensus Rating = "Buy"
Lowest Price Target
$165
Average target price
$250
Maximum target price
$410

NVIDIA (NVDA) Stock Forecasts for 2023: Analysts Latest Price Targets

Analysts from Baird, BMO Capital, Needham, Cowen & Co., Mizuho published the latest forecasts for NVIDIA (NASDAQ:NVDA) stock.

FORECAST DATE: 05/27/2022
Analyst "Baird"
4.5/5
Consensus Rating = Neutral
Price Target Change for the next 12 months = $225 → $165
Percent upside potential for stocks
1.16%
FORECAST DATE: 05/26/2022
Analyst "BMO Capital"
4.5/5
Consensus Rating = Outperform
Price Target Change for the next 12 months = $375 → $300
Percent upside potential for stocks
83.92%
FORECAST DATE: 05/26/2022
Analyst "Needham"
4.5/5
Consensus Rating = Buy
Price Target Change for the next 12 months = $400 → $240
Percent upside potential for stocks
47.14%
FORECAST DATE: 05/26/2022
Analyst "Cowen & Co."
4.5/5
Consensus Rating = Outperform
Price Target Change for the next 12 months = $350 → $265
Percent upside potential for stocks
62.47%
FORECAST DATE: 05/26/2022
Analyst "Mizuho"
4.5/5
Consensus Rating = Buy
Price Target Change for the next 12 months = $345 → $290
Percent upside potential for stocks
77.79%
FORECAST DATE: 05/26/2022
Analyst "Benchmark"
4.5/5
Consensus Rating = Buy
Price Target Change for the next 12 months = → $228
Percent upside potential for stocks
39.78%
FORECAST DATE: 05/26/2022
Analyst "Raymond James"
4.5/5
Consensus Rating = Strong Buy
Price Target Change for the next 12 months = $365 → $250
Percent upside potential for stocks
53.27%
Share analytics

Alex Belov

Developers by oneinveststock.com. Analyst, investor

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