Chip giant Nvidia (NVDA) has built its empire on the back of robust demand for advanced computing and artificial intelligence (AI). As AI continues to shake up the tech world, Nvidia is centrally positioned thanks to its graphics processing units (GPUs).  

But as global tensions rise, the company is playing a high-stakes game, navigating U.S. export restrictions by crafting customized chips for China while dodging tariffs. Plus, Nvidia’s reach is stretching beyond Silicon Valley. The company recently struck a multibillion-dollar deal with Saudi Arabia’s Humain to power a 500-megawatt AI data center.

Against this backdrop, Wall Street bulls put $220 on the horizon as the Street-high price target, implying potential upside of nearly 60%.

What are the odds Nvidia can make that leap in 2025? 

About Nvidia Stock

Founded in 1993 and headquartered in Santa Clara, California, Nvidia (NVDA) is one the world’s leading tech giants. With a market cap of $3.3 trillion, Nvidia’s chips play a significant role in facilitating AI operations and powering supercomputers and data centers.  

NVDA stock has had a turbulent time on Wall Street so far. The stock posted a 52-week high of $153.13 in January. But, as the tariffs disoriented the markets, the stock fell from its highs, posting a 52-week low of $86.62 in April. Since then, the stock has risen sharply by 61%.

In fact, NVDA rose 22% over the past 52 weeks, and over the past month, it has rallied by 28% as optimistic news has emerged, such as the U.S. and China agreeing to pause most reciprocal tariffs for 90 days. Fiscal first-quarter earnings that beat analyst estimates with revenue of $44.1 billion and earnings per share of $0.81 sent shares up more than 3% on Thursday, May 29. 

Analysts Issue High Price Targets on NVDA 

The highest price target on Nvidia is technically $220 from Tigress Financial analyst Ivan Feinseth. However, analysts should note that Feinseth last addressed NVDA at the end of January 2025, when he maintained his “Outperform” rating and raised his target from $170 to $220. His note came following the DeepSeek-triggered selloff in Nvidia and other AI shares, writing that the the bloodshed created a good opportunity to buy stock. 

More recent juicy price targets came following the fiscal Q1 earnings release, although none top $220. 

Truist analyst William Stein just raised his price target from $205 to $210, maintaining a “Buy” rating. He is bullish on still-increasing demand for Nvidia chips, specifically calling out sovereign deals like the ones reached with Saudi Arabia and the UAE in recent weeks. 

Melius Research analyst Ben Reitzes maintained his $205 target on shares, commenting that growth outside of China continues to be strong for Nvidia. 

The Bottom Line on Nvidia Stock 

Overall, analysts maintain a bullish view on the chip maker's stock, giving the stock a consensus rating of “Strong Buy.” Out of the 44 analysts covering NVDA, a majority of 36 analysts recommend a “Strong Buy,” while three suggest “Moderate Buy,” four advise a “Hold,” and only one suggests a “Strong Sell.” The mean price target of $167 represents potential upside of 20% from here.