Certainly, it was a tough few weeks for the US stock market. Concerns about the recession and trade war dominate investor sentiment as geopolitical tensions have been exacerbated by increasingly aggressive economic policies. This is one of the reasons why Nvidia (NVDA) reduced Citi Bank’s price target to $150.
Last year, stock prices rose by more than 174%, setting the stage for high expectations in 2025. However, three months later, stocks were unable to accommodate this noble forecast and succumbed to macroeconomic challenges. The problem is that there is hope that it will surpass current outlook.
Citi reduces nvidia price target: what’s next for stocks?
Volatility and uncertainty were the names of the 2025 Wall Street state game. In fact, it had an impact on Nvidia (NVDA), the market leader last year. The AI chip maker was unable to find its footing. It jumped over 2.7% to end the week, but it still fell by more than 18% over the past six months.
Many people expect this stock to change for the company. It is undoubtedly the most powerful in the tech sector, and experts are particularly bullish about the possibility. But that’s not the case for one investment company, as Nvidia sees Citi lowering its price target to $150.
Investment Bank has reduced its GPU unit forecasts for calendar year 2025 and 2026 by 3% and 5%, respectively. Additionally, earnings per share estimates showed a 3% reduction, down from its previous price target.
The biggest reason for the downwardly revised outlook is concerns about brewing a US-China trade war. However, many Wall Street experts do not share any concerns. Because the stock currently has a median price target of $175. Additionally, its high-end project remains at $235, showing up at 113% upside against this year’s stock.
