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Wall Street institutions have set the highest target price for Nvidia, with a market capitalization expected to reach $8.5 trillion.
Jin10 Data, November 4 - After becoming the first company with a market capitalization exceeding $5 trillion, at least one analyst predicts that Nvidia's market capitalization is expected to rise by several trillion dollars. Loop Capital Markets raised Nvidia's target stock price from $250 to $350 on Monday, making it the highest prediction on Wall Street. This new target is more than 70% higher than Nvidia's latest Closing Price of $202.49, corresponding to a market capitalization that will exceed $8.5 trillion. The current average target price for Nvidia in the market is $231.