Nvidia Shares Are Underperforming Compared to Other AI Companies. Here's the Reason.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 17h ago
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Source: Barron's
- Nvidia Stock Performance: Nvidia's stock is currently experiencing stagnation, showing little upward movement.
- Investor Trends: The lack of growth is attributed to investors favoring smaller companies that are benefiting from the artificial intelligence boom, leading to a shift away from larger technology stocks.
Analyst Views on MAGS
Wall Street analysts forecast MAGS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MAGS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 63.640
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Current: 63.640
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
