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

Core Viewpoint - Nvidia remains a central player in Wall Street's AI trade, with a strong consensus among analysts recommending it as a "Strong Buy" ahead of its fiscal Q2 earnings on August 27 [1] Group 1: Analyst Expectations - Goldman Sachs raised its price target for Nvidia to $200 from $185, maintaining a buy rating, with expectations for a "clean beat-and-raise quarter" [2] - The focus will be on forward guidance, particularly regarding China's H20 GPU rollout and Blackwell chip adoption in the second half of 2025 [2] - The earnings call is expected to influence Nvidia's long-term growth trajectory, with the next-generation AI chip family, Rubin, identified as a key growth driver [3] Group 2: Stock Performance and Valuation - Nvidia shares closed at $180.77, reflecting a 0.75% increase, continuing a recovery trend after recent pullbacks [4] - Bank of America set a price target of $220, while Mizuho views recent dips as a buying opportunity [4] - The average 12-month price target from analysts is $185.79, indicating a modest 2.78% upside from current levels, with a significant range between the most bullish ($250) and most bearish ($120) targets [5] Group 3: Risks and Opportunities - If Nvidia meets both near-term earnings expectations and long-term product milestones, the stock could approach the upper end of forecasts [7] - Potential risks include guidance issues related to China restrictions or slowing demand from hyperscalers, which could impact investor confidence [7]