Nvidia(US:NVDA) Finboldยท2025-05-14 11:13Core Viewpoint - Nvidia has shown a significant rebound in its stock price, rising 17.36% in May and trading at $129.93 as of May 14, with expectations of further increases towards $150 by June 1, 2025 [1][8]. Group 1: Stock Performance and Predictions - Nvidia's stock has rebounded sharply since dipping below $100 in mid-April, with a current price of $129.93 [1]. - The AI predicts that Nvidia shares will likely reach $138 by June 1, 2025, supported by recent positive developments [8][9]. - The stock has broken through its 200-day moving average, indicating a bullish trend [5]. Group 2: Market Dynamics and Technical Analysis - Recent developments include bullish agreements with international partners and a partnership with the Saudi state-backed startup Humain [5]. - The 90-day trade truce between the U.S. and China has alleviated selling pressure, shifting investor sentiment towards optimism [9]. - Resistance levels for Nvidia stock are identified at $130 and $150, with support zones at $115 and $96 [6]. Group 3: Analyst Sentiment - UBS has given Nvidia a bullish 'buy' rating while downgrading the 12-month price target from $180 to $175, reflecting cautious optimism [11]. - Bernstein reaffirmed its positive outlook for Nvidia shares, maintaining a $180 price target [13].