Will Nvidia stock continue to rise? Here’s what the experts say

Yesterday (November 5th), Nvidia (NASDAQ: NVDA) stock posted another performance. That’s because the chipmaker has taken back the crown from Apple and become the world’s largest company.

Both have market capitalizations of over $3.3 trillion. However, NVIDIA ended 2014 with a market capitalization of only $11 billion. I mean, its meteoric rise is truly amazing. It may even be unprecedented.

But where do experts see Nvidia’s stock heading over the next 12 months? Let’s take a look.

Now, I’d like to take my next prediction with a bit of a grain of salt. In my experience, analyst price targets can sometimes resemble a weather vane, constantly adjusting to the latest direction of the stock price, subject to changing wind directions.

Source: TradingView

As you can see, the 12-month Nvidia price targets from Wall Street analysts are wide-ranging. With a high of $202, the stock could rise 46% from $139. After that, there was a low of $90, suggesting a potential decline of 35%.

55 analysts have provided 12-month price targets, with an average price target of $150. This is about 8% more expensive than $139.

The important thing here is that almost all brokers are bullish on the stock. 60 out of 65 analysts rate it a “strong buy” or “buy.” There are currently no stocks for sale.

Of course, that could change quickly after the company releases its Q3 2025 financial results on November 20th.

In recent years, Nvidia has tended to shatter Wall Street expectations. But repeating this trick may become increasingly difficult, and spending on artificial intelligence (AI) chips becomes more predictable.

In a worst-case scenario, AI spending could start to decline sharply next year as big tech companies make huge investments. We may look back in a few years and see that Nvidia’s revenue growth was unsustainable.

It’s also worth remembering that innovative new technologies are almost always accompanied by initial investor hype, including overvaluation of applications that will quickly change the world. The internet, 3D printing, and cryptocurrencies come to mind. Everything made bubbles.

American scientist and futurist Roy Amara famously stated: “We tend to overestimate the effects of technology in the short term and underestimate its effects in the long term.”

Is the generation AI really different this time around? Only time will tell. But for now at least, demand for Nvidia’s AI chips remains incredibly high, and analysts expect even more impressive growth in the third quarter.

To be clear, I’m not a bear coming out of an AI cave. CEOs far smarter than me are predicting the transformative from disruptive technologies.

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