The nvidea stock price forecast shows bullish sentiment among analysts, with projections averaging around $955 for Q3 2024, driven by strong data center GPU demand. Technical charts indicate sustained support near $900, suggesting limited downside unless macroeconomic risks intensify. At its current price tag, the stock doesn't look cheap. At 40 times forward earnings, it's at the high end of the range it has traded at over the past three years. However, it's roughly in line with its level at about this time last year, so it is staying pretty true to its historical data. While NVIDIA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. nvidea stock price forecast commentary from Goldman Sachs maintains a 'Strong Buy' rating, referencing accelerating adoption of cloud-based AI development platforms. Technical setups remain favorable for long entries.