Nvidia Corp (NASDAQ: NVDA) is among the top-performing stocks in the US equity markets this year in 2024. It surpassed all expectations and went from a low of $481 to a high of $926 between January to May. The stock is up nearly 90% year-to-date delivering stellar profits to investors who took an early entry position. Now that Nvidia stock surged in 2024, what will its price be in 2025?
In this article, we will highlight how high or low Nvidia stock could trade in the charts next year in 2025. The markets remain bullish but will it carry forward in 2025? Let’s find out.
Also Read: Currency: What To Expect From The US Dollar Today
Price Prediction For Nvidia Stock in 2025
Both retail investors and institutional funds have taken an entry position into Nvidia stock this year to earn potential returns. The pressure to deliver the desired results remains high as the stock is attracting heavy bullish sentiments.
Also Read: GameStop: GME Forecasted to Reach $86; Here’s When
Leading price prediction and analytical firm CoinCodex has painted a bullish picture for the Nvidia stock in 2025. The forecast estimates that the Nvidia stock will rally in 2024 and continue with positive momentum even in 2025.
According to the price prediction from CoinCodex, Nvidia stock could reach a high of $1,348 in 2025. That’s an uptick and return on investment (ROI) of approximately 47% from today till 2025. Therefore, an investment of $10,000 today could turn into $14,500 in 2025 if the price prediction is accurate.
Also Read: ChatGPT Forecasts Gold Prices For 2024
However, there is no guarantee that Nvidia stock could surge 47% in a year and reach $1,348 in 2025. The US stock market is highly volatile and the conflicts in the Middle East between Iran, Israel, and Palestine could pull the markets down. Therefore, it is advised to do thorough research before taking an entry position into the stock currently. A dip can make the markets shed most of the gains that it generated this year.
#Nvidia #Stock #PredictionWhat #Price
#bitcoinnews