By Vandita Jadeja
Publication Date: 2026-10-20 12:00:00
NVIDIA just doubled its revenue yet the stock keeps sliding, and Wall Street still refuses to budge its price target. Something in that gap between the business and the share price tells a story worth understanding before the next earnings…
The 24/7 Wall St. price target for NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) is $263.54, and our model rates the stock a buy. Shares traded at $216.30 midday Thursday. That puts our target 21.84% above the current price. It is 19.09% above Wednesday’s $221.30 close, which was the price our model used. Confidence is high.
24/7 Wall St. Price Target Summary
| Metric | Value |
|---|---|
| Current Price | $216.30 |
| Price Target from 24/7 Wall St. | $263.54 |
| Upside | 21.84% |
| Recommendation | BUY |
| Confidence Level | 90% |
The stock and the business are moving in opposite directions. NVIDIA just doubled its revenue, yet the shares fell 8.91% in a week. The consensus analyst target remains at $328.72. That gap frames the debate over where the stock goes next.
AI Fears Hit Chip Stocks While NVIDIA’s Revenue Doubled
NVIDIA, Advanced Micro Devices (NASDAQ:AMD) and Micron Technology (NASDAQ:MU) fell as the AI stock sell-off deepened, and pressure on chip stocks carried into Thursday. Shares are still up 16.25% year to date and 2.53% over the past month.
They trade 11.12% below the $243.37 52-week high. Of CoreWeave (NASDAQ:CRWV), NVIDIA CEO Jensen Huang said Thursday CoreWeave doesn’t need a backstop,…
