Based on the provided news and market data, here's the analysis and prediction for NVDA's stock price next week:
Technical Analysis:
The technical indicators show NVDA is currently trading around $140 level with RSI at 53.95, indicating a neutral momentum . The stock has established strong support at $140 and resistance at $145.
News Sentiment Analysis:
Price Target Analysis: Based on technical and fundamental factors:
Next Week's Price Prediction: The stock is likely to trade between $140-$145 in the near term. If it breaks above $145 with strong volume, it could extend to $160. However, a break below $140 could see it test $135-$130 levels.
Trading Recommendation: HOLD current positions or establish new long positions only on pullbacks to $140 support level. The risk/reward setup favors upside potential given strong AI demand and positive sentiment, but entry points should be carefully managed due to elevated volatility.
Target price: $145-$150 range for next week with potential extension to $160 if $145 resistance is cleared with conviction.
Stop loss: Place stops below $138 to protect against downside risk.
The price of NVDA is predicted to go up 65.26%, based on the high correlation periods with ACHL. The similarity of these two price pattern on the periods is 91.42%.
NVDA
ACHL
Year
NVDA Price Forecast($)
Potential Return(%)
2025
175.000
21.130
2026
250.000
73.050
2027
400.000
176.870
2028
450.000
211.480
2029
600.000
301.530
2030
800.000
435.730
Nvidia's GPUs offer industry-leading parallel processing, which was historically needed in PC gaming applications, but has expanded into crypto mining, AI, and perhaps future applications too.
Nvidia's data center GPUs and Cuda software platform have established the company as the dominant vendor for AI model training, which is a use case that should rise exponentially in the years ahead.
The firm has a first-mover advantage in the autonomous driving market that could lead to widespread adoption of its Drive PX self-driving platform.
Barclays
Price Target
$160 → $175
Upside
+27.08%
HSBC
Price Target
$195 → $185
Upside
+38.86%
DA Davidson
Price Target
$90 → $135
Upside
-4.9%