University of Kwazulu-Natal

Nvidia Stock Sees Bullish Momentum As Analysts Raise Price Targets

Bonisiwe Shabane
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nvidia stock sees bullish momentum as analysts raise price targets

Nvidia is like a famous band that is on its world tour, where AI and investors have jam packed every stadium. The chip giant has evolved from enabling our graphics cards to conducting and leading the entire AI revolution, and investors can’t get enough of this sight. Nvidia is still riding the AI wave to all-time highs. The stock trades at $176.75 and is up 1.9% over the last 24 hours, continuing its rise in 2025. From shattering key resistance points to beating more general tech benchmarks, Nvidia has solidified itself as the foundation of the artificial intelligence boom. The price is situated nicely above both the 50-day and 200-day moving averages at $161 and $146.

With this bullish divergence and continuously solid trading volumes, the chart of Nvidia is a classic example of a strong uptrend. Traders continue to use the series of higher lows and higher highs as a confirmation of persistent momentum. At $153 and $156 levels, the support is secured between them. These have stood steady under the test of pressure and now serve as a solid base for any pullback. On the other side, resistance is imminent at $180, which is a psychological pointer and the next technical target. Above it, $190 is indicated, aligning with several analyst targets.

As Relative Strength Index (RSI) remains close to the overbought mark of 70, it’s important to remember that during such bullish cycles, RSI may stay high for a long time. Similarly, MACD indications are still robustly bullish, with a growing graph indicating continued upside. Nvidia’s share spike is not just due to its technicals, rather it is supported by fundamentals that keep on beating the estimates. The firm’s Q1 2025 earnings report showed a 69% year over year revenue jump to $44.06 billion despite the alert forward guidance. This is not just some growth, rather it is dominance. Big Tech is investing billions in AI infrastructure, and Nvidia is taking a massive proportion of that expenditure.

Alphabet’s unveiling of $85 billion in capex this year, most of the share will go into AI GPUs, which is an implicit validation of Nvidia’s relevance and scope. The recent policy change in U.S export policy has also paved the way for Nvidia’s H20 chips to return to the Chinese market, reviving a profitable revenue stream that was previously in danger of... This strategic victory not only creates an opening for additional sales but also calms investors concerned about geopolitical problems. Also, perhaps the strongest indication of investor optimism was last week when Nvidia broke above a $4 trillion market cap, taking over Apple and Microsoft as the world’s most valuable company. Wall Street is still hugely optimistic, where 21 out of 22 analysts recommend the stock as a buy, and several have updated their price targets to $190–$220. Nvidia stock gains fresh analyst support ahead of its quarterly earnings, with Wall Street betting on strong AI chip demand and GB300 momentum despite China-related challenges.

Wall Street analysts are turning bullish on Nvidia ahead of its fiscal second-quarter earnings, with several raising their price targets despite lingering concerns about the company’s position in China. Stifel, Baird, UBS, and Morgan Stanley are among those citing Nvidia’s continued strength in AI infrastructure, particularly its next-generation GB300 chips set for launch later this year. Stifel raised its price target for Nvidia from $202 to $212, stating the stock remains attractively valued given its leadership in AI infrastructure. The firm anticipates a “beat and raise” earnings scenario, noting that shipments of Nvidia’s H20 processors resumed in July. Stifel expects demand for GB300 chips to ramp up through the end of the year, even as hyperscaler demand, potential margin pressure from GB300 production, and China export restrictions remain key investor concerns. Baird went further, raising its Nvidia target from $195 to $225, pointing to a “significant acceleration” in GB200 sales and high expectations for the upcoming GB300 performance boost.

Nvidia Corp. (NASDAQ:NVDA) is one of the best high-beta stocks to buy now. On September 4, Mizuho Securities analyst Vijay Rakesh and Phillip Securities analyst Yik Ban Chong reaffirmed a Buy rating and raised their target prices, citing continued momentum across the business. These views follow Bernstein analyst Stacy Rasgon’s move on August 28 to raise his price target to $225 from $185, while maintaining an Outperform rating, after the company’s latest quarterly results. Reading into the earnings results, Rasgon had acknowledged some investor concerns, including sequential declines in computing revenues and an in-line data center guidance. However, he emphasized that these reflected ongoing uncertainty in China rather than structural weakness.

Importantly, guidance pointed to a sharp acceleration in the Blackwell ramp heading into the next quarter, supporting his view that Nvidia Corp.’s (NASDAQ:NVDA) core fundamentals remain intact and robust. Together, this set of analyst updates underscores broad confidence in Nvidia’s growth trajectory. While near-term noise remains tied to China dynamics, Nvidia’s leadership in AI computing and strong product cycle visibility continue to anchor the bullish case. The successive upward revisions in price targets reflect conviction that demand drivers remain in place, reinforcing Nvidia Corp.’s (NASDAQ:NVDA) position as one of the most compelling large-cap growth stories in the semiconductor sector. The 39 analysts that cover NVIDIA stock have a consensus rating of "Strong Buy" and an average price target of $252.49, which forecasts a 32.23% increase in the stock price over the next year. The lowest target is $100 and the highest is $352.

The average analyst rating for NVIDIA stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

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