Wall Street Says Nvidia Has Nearly Peaked? Time to Sell?
Massive artificial intelligence spending supercharged its growth, but with Nvidia due to report earnings on Feb. 26, Wall Street suggests the semiconductor stock may soon hit a ceiling. Analysts have assigned a consensus one-year price target on NVDA stock of $164 per share. That implies only a 15% gain over the next 12 months.
In international markets, chipmaking and electrification companies saw pressure on the fears over the DeepSeek AI service.
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Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared.
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