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strong revenue growthTipRanks
•83% Informative
Nvidia ’s ultra-bullish trend in the first half of the year has paused, with the stock failing to reach new peaks over the past few months .
I will outline five reasons for my bullish view on Nvidia , focusing on strong revenue growth (despite tough comps), AI dominance, valuation, technical indicators, and Wall Street analyst consensus.
I believe this price correction offers a compelling opportunity.
Of the 42 analysts covering the stock, 39 have issued Buy recommendations, while the remaining three have a Hold rating.
The average price target among these analysts is $ 152.44 , indicating potential upside of nearly 25% .
Wall Street remains overwhelmingly bullish on Nvidia , with a 44x P/E multiple based on Fiscal 2027 EPS .
VR Score
85
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85
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31
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