Based on the provided data and recent market developments, here's a comprehensive analysis for NVDA's price prediction for next week:
Technical Analysis
The stock is currently trading at $137.71, showing mixed technical signals. Key levels to watch:
News Sentiment Analysis
Several significant developments are likely to impact NVDA's price next week:
Quantum Computing Initiative: Microsoft's "quantum ready" program announcement and NVDA's first-ever quantum day event (March 20) could provide positive sentiment momentum.
Automotive Expansion: Jensen Huang announced potential automotive revenue growth to $5 billion by fiscal 2026, showing diversification beyond AI chips.
AI Infrastructure Investment: Continued strong demand for AI infrastructure, with industry research suggesting trillion-dollar investments in coming years.
Price Prediction for Next Week
Based on technical indicators and news sentiment:
Rationale:
Trading Recommendation
BUY with the following parameters:
The recommendation is based on:
The price of NVDA is predicted to go up 6.43%, based on the high correlation periods with GPRK. The similarity of these two price pattern on the periods is 91.03%.
NVDA
GPRK
Year
NVDA Price Forecast($)
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%