Nvidia Stock Just Touched a New All-Time High. Here Is Where Options Data Says NVDA Could Be Headed Next

Core Insights - Nvidia reached an all-time high of $191.05, driven by a $100 billion partnership with OpenAI and a recent interest rate cut by the Federal Reserve [1][2][6] - Nvidia stock has increased approximately 120% from its year-to-date low in early April [2] - Analysts project Nvidia's stock could rise to $235, indicating a potential upside of 23% from current levels [3][4] Financial Performance - Nvidia's stock is currently rated as a "Strong Buy" by Wall Street analysts, with a mean target price of about $215, suggesting a potential upside of 13% [8] - Options data indicates a bullish outlook, with expected trading ranges suggesting significant further gains through the end of 2025 [5][6] Market Position - Nvidia's NVLink technology is seen as a competitive advantage, creating a "wide moat" in the AI hardware market [4] - The company's recent momentum and strategic partnerships are solidifying its role as a key player in next-generation computing [6]