Nvidia's Price Target Raised Amidst New Record Highs and Goldman Sachs' Positive Outlook for 2025
Jensen Huang, the CEO of Nvidia, took the stage at the Mobile World Congress Americas in Los Angeles on the 21st of October, 2019, hinting at the company's future growth trajectory.
Investor discussions have increasingly focused on Nvidia's potential growth by 2025, a subject that has gained more interest following another record-close for the company's stock. Monday saw Nvidia's shares hit their third consecutive record high.
Goldman Sachs, a prominent investment bank, has marked itself as optimistic about Nvidia's prospects in 2025. This positive stance from such a significant financial institution adds credibility to the bullish expectations surrounding Nvidia's future.
Amidst the optimism, there have been various upward revisions on Nvidia's price target from analysts, including an adjustment to our own expectations. Such price target hikes reflect the confidence in Nvidia's growth and stability in the coming years.
Nvidia, GoldmanSachs, PriceTarget