14 Wall Street Institutions Collectively Raise NVIDIA's Target Price

Nvidia's latest quarterly financial report exceeded expectations, but its stock price remained almost unchanged before the market, reporting at $223, corresponding to a market value of about $5.4 trillion.

After the release of the financial report, 14 core institutions have intensively raised their target prices. The average target price for Nvidia from Wall Street is already approaching $307. Based on the total shares of 24.2 billion, if the stock price reaches the institutional consensus average, Nvidia's total market value will surpass $7.4 trillion.

The stock price's inaction reflects the market's widespread concern that "strong expectations are already fully priced in" - before the release of the financial report, Nvidia's stock price had already risen sharply, and some of the good news may have been digested in advance.

Among the 14 institutions that have updated their forecasts, Melius Research is the most aggressive, raising its target price from $380 to $400; Bank of America Global Research and Benchmark have respectively raised them to $350 and $335. If calculated according to Melius Research's target price of $400, Nvidia's market value will reach $9.68 trillion, far exceeding the historical peak of any listed company in the world at present.

The difference in target prices among various institutions also reveals the areas of disagreement: from the consensus average of $307 to the optimistic extreme of $400, the range spans nearly $100, reflecting that the market's judgment on the sustainability of Nvidia's future growth rate remains significantly divided."