However, by the end of 2025, 24/7 Wall Street‘s forecast projects shares of NVIDIA to be trading for $137.50 based on a projected EPS of $2.75 and a price-to-earnings (P/E) ratio of 50 ...

Drops for Nvidia and other tech stocks are weighing on Wall Street Monday and keeping it in its weekslong rut. The S&P 500 was down 0.6% in midday trading, coming off its fourth losing week in the last five.

Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining.

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Nvidia stock has been one of the biggest winners of the artificial intelligence (AI) revolution in the past couple of years, clocking remarkable gains of nearly 800% over the past two years on account of the red-hot demand for its data center graphics cards, but the past three months have been difficult for the chipmaker.

U.S. stock indexes are closing their best week in two months with a flourish on Friday. The S&P 500 was 1.1% higher in late trading and on track for its first winning week in the last three. The Dow Jones Industrial Average was up 359 points,

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Luria is in a fairly rare spot among Wall Street analysts covering Nvidia. Of the 65 tracked by FactSet, 60 have buy-equivalent ratings while the other five are at the equivalent of neutral. The average price target on the stock is $174.94 - 28% above current levels. Luria's $135 target is roughly in line with Wednesday's close of $136.20.

Investors were not impressed by Nvidia's quarterly performance and outlook even though it handily beat Wall Street's expectations thanks to the booming demand for its artificial intelligence (AI) chips.

Luria is in a fairly rare spot among Wall Street analysts covering Nvidia. Of the 65 tracked by FactSet, 60 have buy-equivalent ratings while the other five are at the equivalent of neutral. The average price target on the stock is $174.94 - 28% above current levels. Luria's $135 target is roughly in line with Wednesday's close of $136.20.

Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on Wall Street.