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Nvidia Receives Plethora of Price Target Hikes Despite Recent Volatility

Nvidia (NASDAQ:NVDA) stock has demonstrated increasing volatility since its split on June 10, but investment firms continue to pile price hikes on the artificial intelligence chip leader. The fresh pr

Nvidia Receives Plethora of Price Target Hikes Despite Recent Volatility

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The fresh pr","content":"<html><head></head><body><p>Nvidia (<span>NASDAQ:NVDA</span>) stock has demonstrated increasing volatility since its split on June 10, but investment firms continue to pile price hikes on the artificial intelligence chip leader.</p> <p>The fresh price targets range from $140 to $200.</p> <ul> <li>Rosenblatt set the tone<span> for bullishness on the stock, boosting it to $200 from $140 on June 18. This coincided with Nvidia briefly pushing past Microsoft (</span>MSFT<span>) and (</span>AAPL<span>) to become the world&#39;s most valuable firm, with a $3.3T market capitalization. It was back to $3.1T during pre-market trading on June 27.</span> </li> <li>Constellation Research also set a price target of $200 on the stock on June 26, expecting it to climb 65% over the next year.</li> <li>Cantor Fitzgerald set a 12-month price target of $175 on the stock on June 27.</li> <li>Citi raised its price target to $150 from $126 on June 26.</li> <li>Jefferies also set a price target of $150 on the stock on June 24, up from $135.</li> <li>Oppenheimer analysts joined this pack, increasing Nvidia&#39;s price target to $150 from $110 one day after the company&#39;s stock split.</li> <li>Truist Securities raised its price target to $140 from $128.80 on June 27.</li> </ul> <p>Bank of America analysts find that companies&#39; share prices have increased by an average of 18% during the year following a stock split.</p> <p>Nvidia&#39;s share price more than tripled during the year leading up to the company&#39;s 10-for-1 stock split. However, Nvidia has slipped 3% over the past few sessions, losing more than $400B in market capitalization.</p> <p>Still, the stock gained 13% over the past month despite recent dips. What&#39;s more, it has gained 155% year to date, making it the second-strongest performer in the S&amp;P 500 Index, trailing only Super Micro Computer (SMCI), which has seen shares rocket 192% since January 1. </p> </body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Receives Plethora of Price Target Hikes Despite Recent Volatility</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Receives Plethora of Price Target Hikes Despite Recent Volatility\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-28 10:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4119969-nvidia-receives-plethora-of-price-target-hikes-despite-recent-tumble><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia (NASDAQ:NVDA) stock has demonstrated increasing volatility since its split on June 10, but investment firms continue to pile price hikes on the artificial intelligence chip leader. The fresh ...</p>\n\n<a href=\"https://seekingalpha.com/news/4119969-nvidia-receives-plethora-of-price-target-hikes-despite-recent-tumble\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/news/4119969-nvidia-receives-plethora-of-price-target-hikes-despite-recent-tumble","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2446792555","content_text":"Nvidia (NASDAQ:NVDA) stock has demonstrated increasing volatility since its split on June 10, but investment firms continue to pile price hikes on the artificial intelligence chip leader. The fresh price targets range from $140 to $200.  Rosenblatt set the tone for bullishness on the stock, boosting it to $200 from $140 on June 18. This coincided with Nvidia briefly pushing past Microsoft (MSFT) and (AAPL) to become the world's most valuable firm, with a $3.3T market capitalization. It was back to $3.1T during pre-market trading on June 27.  Constellation Research also set a price target of $200 on the stock on June 26, expecting it to climb 65% over the next year. Cantor Fitzgerald set a 12-month price target of $175 on the stock on June 27. Citi raised its price target to $150 from $126 on June 26. Jefferies also set a price target of $150 on the stock on June 24, up from $135. Oppenheimer analysts joined this pack, increasing Nvidia's price target to $150 from $110 one day after the company's stock split. Truist Securities raised its price target to $140 from $128.80 on June 27.  Bank of America analysts find that companies' share prices have increased by an average of 18% during the year following a stock split. Nvidia's share price more than tripled during the year leading up to the company's 10-for-1 stock split. However, Nvidia has slipped 3% over the past few sessions, losing more than $400B in market capitalization. Still, the stock gained 13% over the past month despite recent dips. What's more, it has gained 155% year to date, making it the second-strongest performer in the S&P 500 Index, trailing only Super Micro Computer (SMCI), which has seen shares rocket 192% since January 1.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":35,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}