Core Viewpoint - Nvidia's stock is projected to recover and trade above $200 by the end of November, despite recent bearish movements and a 4% correction over the past week [1][4]. Stock Price Prediction - An AI model forecasts Nvidia's stock could reach $214 by November 30, 2025, with a trading range between $206 and $222 due to strong institutional accumulation and demand for Blackwell GPUs [3][4]. - The stock is expected to maintain solid support near the $188 to $190 zone, with resistance anticipated around $215 to $222 [5]. Technical Analysis - The recent consolidation below the 50-day moving average indicates accumulation, which often precedes a rebound in growth equities [4]. - The AI forecast suggests a gradual advance towards the $214 midpoint target by late November as traders prepare for AI-driven earnings growth [5]. Fundamental Analysis - Nvidia's upcoming mid-November earnings report is crucial, with expectations of strong performance from its data-center business driven by demand from major clients like Microsoft, Amazon, and Google [6]. - Analysts anticipate management will discuss expanding GPU supply and solid AI cloud orders, potentially pushing the stock back above $210 [6]. Market Sentiment - Nvidia currently trades at approximately 59x forward earnings, which is elevated but below previous peaks of around 75x, reflecting its transition to a long-term AI growth play [7]. - Sentiment remains strong, supported by low short interest and consistent institutional buying, although potential U.S. export curbs on advanced AI chips could pose risks [7][8].
AI predicts Nvidia stock price for November 30, 2025