Nvidia’s stock price is on track to reach new record highs in the first quarter of 2025, according to a top stock trading expert. The company must break above $145 to confirm that its recent downturn has reached a bottom.
In December, Nvidia’s stock was priced at $140.22, with year-to-date returns exceeding 190%. Analyst Peter DiCarlo predicts a rally to $170 in the first quarter of 2025 if the stock can maintain momentum above $145. However, if it fails to do so, Nvidia’s price could fall back to $120, where stronger support is expected.
Nvidia’s strong fundamentals, including its role in artificial intelligence (AI) and retail interest, will likely attract more investors in 2025. The company’s AI chips are central to future investor interest, and the impact of next-generation Blackwell chips will be closely watched.
However, risks remain, including market saturation and geopolitical challenges such as antitrust probes in China. Despite these hurdles, Nvidia’s leadership in AI and strong growth trajectory make the $170 target achievable.
If the stock can overcome these challenges, it could set the stage for a rebound to $170 in the second quarter of 2025. With its expanding data center and AI chip businesses, Nvidia is well-positioned to continue its growth trajectory in 2025.
Source: https://finbold.com/trading-expert-sets-nvidia-nvda-stock-price-for-q1-2025