Nvidia (NVDA) stock forecasts over the past week have been coming in mixed, with some analysts split on the semiconductor giant’s stock future. Currently, shares are down 1% on Tuesday to $167, riding a nearly 8% slump in the last 30 days. Despite facing competition, analysts maintain a positive outlook, projecting a 48.4% EPS growth this year, and most forecasts still suggest buying NVDA.
Citi analyst Atif Malik lowered his target price on Nvidia stock to $200 from $210 in a research note on Monday, although he kept a Buy rating. The analyst sees growing competition in AI and semiconductors as a source of resistance for the stock to fall further. Malik estimated Broadcom (AVGO)’s deals could lead to a $12 billion loss in potential sales for Nvidia, which likely scared investors off. “Importantly, our estimates do not include China, which could be a source of upside if and when Nvidia restarts GPU shipments to China,” Malik wrote.
Meanwhile, Jefferies reiterated the stock as “Buy,” stating that the stock remains on the franchise picks list. “The rapid proliferation of AI demand continues with leaders from across the industry offering commentary indicating significant compute supply shortages. Given NVDA’s position as the dominant supplier of AI accelerators within AI data centers, we remain bullish on shares.”
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NVDA has been lower in the past month following its latest earnings report, with its growth in 2025 slowing down. As mentioned previously, growing competition in its market has weakened its stronghold in AI, likely sending some investors elsewhere also. Some Wall Street experts see the Nvidia (NVDA) stock reaction as a buying opportunity, with underlying AI fundamentals supporting long-term growth despite current China-related headwinds that are affecting Nvidia stock performance at the time of writing.
At press time, NVDA is trading near the top of its 52-week range and above its 200-day simple moving average. Analysts remain bullish that the stock will rebound, making the present a solid buying opportunity for investors.