Why Nvidia could trade at $1,200 by 2027

Group 1 - Nvidia has formed a bullish golden cross, indicating potential for the stock to rise above $1,000 within the next two years [1] - Historically, the golden cross has led to significant rallies, with Nvidia's shares previously surging 695% after the last occurrence [2] - Current share price of Nvidia is $157.75, with projections suggesting it could exceed $1,200 by 2027 if historical trends continue [2] Group 2 - Nvidia's strong fundamentals, particularly in artificial intelligence (AI), support the potential for further gains despite previous setbacks [3] - Wall Street's confidence in Nvidia's role in the AI infrastructure boom is increasing, with projected AI spending reaching $2 trillion by 2028 [4] - CEO Jensen Huang noted that every gigawatt of AI compute demand could translate to $40 to $50 billion in revenue for Nvidia [4] Group 3 - Loop Capital analyst Ananda Baruah raised Nvidia's price target from $175 to $250, indicating a potential $6 trillion market cap if AI infrastructure spending meets expectations [5] - There are concerns regarding insider selling, including by CEO Huang, which may signal caution among investors [7]