The Nvidia stock has recently shown a remarkable price development, which is viewed positively in the current market environment. In this article, we take a look at the central aspects of this development.
Current Price Development
Nvidia’s stock closed on May 2, 2025, at €101.18, representing an increase of 8.63% compared to the previous day. On May 4, 2025, the price slightly corrected to €101.00. This increase is reflected in the timeframe from April 25 to May 2: After a low of €93.14 on April 30, a volatile upward trend began.
Analyst Ratings and Forecasts
- Price Potential: According to analysts, the average price target for 2026 is $169.82, which is about 48% above the then price of around $114. For May 2025, a range of $108–146 is forecasted, with a long-term high target of up to $473.
- Recommendations: Of 69 analysts, 62 currently recommend buying the stock, while only seven advocate holding. Despite a price target reduction by Citi to $150, confidence in Nvidia’s AI-based business models remains strong.
Technical and Fundamental Factors
The downward trend that has persisted since March was recently interrupted by a recovery, with the overcoming of the 38-day line on May 2 seen as a technical signal. While geopolitical risks and declining investments from hyperscalers weigh on the market, Nvidia’s dominant position in the AI chip market provides structural growth arguments.
This mix of short-term recovery and long-term technological advantage explains the resilience of the stock, referred to as a “miracle” – especially in light of the broad market pressure in the tech sector.