Today, the Nvidia stock price is primed for a higher open it is up 1.54% in premarket trading. The Nvidia stock forecast for 2022 appears to be on track, with the expectation of an uptrend move that will eventually surpass the 346.47 high seen on 22 November 2021.

There were feelings in some quarters that the failed acquisition of Arm in a deal that would have been worth $40billion could have derailed attempts at registering new highs for the stock in 2022. Twenty-three analysts have Nvidia as a Strong Buy because of the bullish Nvidia stock forecasts. Source: TipranksĪ review of TipRanks’ compilation of the ratings of 26 analysts shows a consensus that the stock has the potential to hit $353.26 – $400.00 in the next year. Nvidia Price Targets from 26 Institutional Analysts. As the company moves ahead with its launch of Grace, its computer processing unit, Citi bank believes that it can go on with this project with empowerment from its 20-year Arm license without necessarily owning Arm. Despite terminating the Arm acquisition and giving up $1.25 billion as compensation to Arm’s owner SoftBank, Nvidia still retains the 20-year Arm license. This is a stock that has a lot of tailwinds following it.

The question should not be, “will Nvidia go up”? Instead, the question should be about the extent to which Nvidia should be going up.

Nvda stock prediction 2021