As Wall Street analysts predict a strong bull rally for Nvidia Corp. (NASDAQ: NVDA) stock in the next 12 months, Atif Malik, an analyst at Citigroup Inc. (NYSE:C), maintained a strong prediction of NVDA parameters.
With Nvidia’s stock price indicating the end of a several-week correction that began in mid-May 2026 as of July 9, Malik reiterated his ‘Buy’ rating, according to a Notice shared with clients on July 8. They also set a 12-month price target of $300, thus implying a possible 50.2% upside in the next 12 months.
Malik cites Nvidia’s margins of around 75% and its continued dominance in education despite rising competition. He also maintained a positive outlook due to Nvidia’s forward P/E of about 19x, a multiple he sees as attractive given Nvidia’s continued growth through 2027.
Nvidia Stock Price Chart
On the same day, Joshua Buchalter, a Wall Street analyst from TD Cowen, reiterated his ‘Buy’ rating for Nvidia stock. He set a 12-month price of $275 for the company.
Earlier this week, Vivek Arya, an analyst at Bank of America Corp. (NYSE: BAC), remained responsible for Nvidia stock, as did Finbold report. Accordingly, the 37 analysts interviewed are TipRanks set a 12-month price target of $309.33 for Nvidia.
Company opinion NVDA
Over the past 30 days, shares of NVDA have shown a possible reversal from a multi-week correction, indicating a reduction in selling pressure. Additionally, Nvidia’s stock has risen nearly $200 over the past 30 days, trading at about $199.6 at press time.
If the company’s stock continues to rise in the coming days and close consistently above $212, a bull rally fueled by strong buying from analysts may occur.
