Nvidia Stock Has Historic Start to 2025: Is NVDA Bound for $220?
One of the biggest winners of 2024 has not slowed much since the calendar turned. Indeed, Nvidia (NVDA) has enjoyed a historic start to 2025, with all eyes on just how high the stock can increase this year. Among the excitement and potential, some analysts are pointing to a $220 price target for the company. At the start of this week, Nvidia closed at a record high. The historic performance saw the company reach a landmark price for the first time since November of last year. Moreover, the company’s CEO, Jensen Huang, held his anticipated CES Keynote, only fueling the overall interest in AI as an emerging sector. Source: CNBC Also Read: Nvidia, Amazon Lead Magnificent 7 Stocks to Watch in January Nvidia to $220? Why Experts Are Betting On Another Historic Year for the Stock Over the last twelve months, Nvidia has seen its stock price increase more than 180%. The company led all Magnificent 7 stocks and catapulted to become the largest company by market cap for a short time. With e...