Nvidia(US:NVDA) Finboldยท2024-12-23 12:57Core Viewpoint - Nvidia's stock is projected to reach a target of $150 by 2025, driven by its leadership in AI chips and strong revenue growth, despite facing regulatory and geopolitical challenges [4][5][6]. Financial Performance - Nvidia's stock closed at $135.92, reflecting a year-to-date increase of 182%, with a modest 11% rally needed to reach the $150 target [6]. - In Q3 FY2025, Nvidia's revenue surged 94% year-over-year to $35.1 billion, with the data center segment growing 112% to $30.8 billion [8]. - For the twelve months ending October 31, 2024, Nvidia's revenue reached $113.27 billion, up 152%, with projections for Q1 2025 averaging $38.03 billion and full-year 2025 revenue forecast at $129.13 billion [8][9]. Market Position and Growth Drivers - Nvidia's data center business has become its largest revenue driver, surpassing gaming since early FY2023, fueled by AI semiconductors like the H100 and H200 [9]. - The upcoming Blackwell chips are expected to significantly enhance cash flow, with production anticipated to scale rapidly in Q4 FY2025 [9]. Analyst Ratings and Price Targets - Analysts have a mixed outlook, with Citi's Atif Malik maintaining a 'Buy' rating and a $175 target, while Truist Securities raised its target from $169 to $204 [4]. - Benchmark Capital's Cody Acree also reiterated a 'Buy' rating, increasing the price forecast from $170 to $190, highlighting the company's data center revenue [4]. Technical Analysis - Nvidia's stock is showing potential for long-term growth despite near-term volatility, with bullish patterns indicating a possible rally towards the end of the year [10][11]. - A technical analysis indicated that the stock could reach over $158 by January 15, 2025, supported by institutional investments [11][12].