Goldman Sachs Predicts 22% Surge for Nvidia Stock 🚀

Goldman Sachs remains bullish on Nvidia, forecasting a 22% increase as the stock is still undervalued despite nearly doubling this year. Find out what’s driving the optimism!

Benzinga•274 views•0:36

About this video

Goldman Sachs predicts Nvidia stock will surge another 22% as it believes it is still undervalued compared to its peers. Despite nearly doubling this year, Nvidia's valuation is still relatively cheap, given its fast growth rate. Goldman was encouraged by comments from major tech companies that they will increase spending on AI infrastructure in 2025 following elevated investment in 2024. Goldman raised its price target for Nvidia stock to $1100, representing 22% upside from current levels.

Video Information

Views
274

Total views since publication

Duration
0:36

Video length

Published
May 8, 2024

Release date

Related Trending Topics

LIVE TRENDS

This video may be related to current global trending topics. Click any trend to explore more videos about what's hot right now!

THIS VIDEO IS TRENDING!

This video is currently trending in Belgium under the topic 'jean jacques goldman'.

Share This Video

SOCIAL SHARE

Share this video with your friends and followers across all major social platforms including X (Twitter), Facebook, Youtube, Pinterest, VKontakte, and Odnoklassniki. Help spread the word about great content!