NVIDIA Stock Price Predictions: 2029 Forecasts and Analyst Targets

High Growth Projections

Industry experts are projecting significant growth for NVIDIA Corp (NVDA) stock over the next decade. According to a recent survey, the 2029 price forecast for NVDA stock is an impressive $896,789, with an optimistic high prediction of $1,631,836. The low estimate remains undisclosed.

Analyst Consensus

The consensus among 39 analysts providing 12-month price forecasts for NVIDIA stock is a more conservative target of $11,597, with a low estimate also undisclosed. This indicates that while analysts are bullish on NVDA's long-term prospects, they are taking a more cautious approach for the short to medium term.

Long-Term Growth Drivers

Analysts attribute NVDA's strong growth potential to the company's dominance in the graphics processing unit (GPU) market, its leadership in artificial intelligence (AI), and its strong financial performance. Jensen Huang, the company's CEO, is expected to remain in charge and continue to drive innovation.

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