Wall Street sets Nvidia (NVDA) stock price for the next 12 months

Core Viewpoint - Nvidia's stock is currently facing challenges in maintaining momentum, trading at $135.34 with a P/E ratio of 61x, reflecting a premium valuation similar to when it was priced at $15 in 2021 [1][4] Stock Performance - Nvidia's stock has fluctuated between $131.80 and $152.89 over the past month, currently near critical support levels between $131.60 and $135.33 [3] - The stock is lagging behind the S&P 500, which is approaching new highs [3] Geopolitical Concerns - Rising geopolitical tensions and potential new U.S. restrictions on semiconductor exports to China are impacting investor sentiment [3] - A meeting between Nvidia's executive vice president and China's Vice Commerce Minister has raised concerns about Nvidia's reliance on the Chinese market [3] Long-term Prospects - Despite short-term challenges, Nvidia is expected to achieve 54% revenue growth in 2025, driven by demand for AI chips and growth in core markets [4] - Wall Street analysts have a consensus 12-month price target of $175.00, indicating a 29.3% upside from the current price [4][10] Analyst Ratings - Among 44 analysts, 40 rate Nvidia as a "Buy," while 4 issue "Hold" ratings, with no sell recommendations [10] - The highest price target is set at $220.00, while the lowest is $135.00, reflecting a range of optimistic views on the stock's future [5][10]