NVIDIA Stock Projected to Surge in 2040
Bullish Course with Average Target of $3,748,998
Key Metrics Expected to Continue Growth
NVIDIA Corp NVDA stock is projected to chart a bullish course in 2040 with an average price target of $3,748,998, representing a 28,523% increase over its current value. Analysts predict the company's strong financial performance and technological advancements will drive its growth in the semiconductor industry. NVIDIA's average price target of $1,236.30 for 2024 suggests a 5.61% decline from the current stock price, while the target of $1,600.00 for 2025 indicates a potential 22.16% increase.
NVIDIA's revenue is projected to grow steadily over the next decade, with an estimated increase of 12.5% in 2024 and 13.4% in 2025. The company's net income is also expected to rise by 13.8% in 2024 and 14.7% in 2025.
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