Nvidia Corporation (NVDA)
Nvidia Corp. has been a pivotal player in the technology sector, particularly with its advancements in AI and data center technologies. This prominence has naturally heightened the importance of accurate analyst forecasts for investors seeking to leverage Nvidia’s growth potential. According to Stock Target Advisor’s evaluation of 1,445 ratings from 104 analysts over the past 14 years, the accuracy of Nvidia analysts stands at approximately 68%. This figure is relatively high when compared to the broader stock market, where analyst accuracy often falls below 50%. Such a performance underscores the significance of relying on well-performing analysts, especially when navigating the volatile semiconductor sector.
For investors looking to capitalize on Nvidia’s growth, understanding which analysts provide the most accurate predictions is crucial. Below, we highlight the top 10 analysts who have demonstrated the highest accuracy in forecasting Nvidia’s performance over the past 12 months.
Top Analysts for Nvidia (NVDA)
1) Susquehanna
Total Ratings: 49
Correct After 12 Months: 39
Accuracy: 80%
Insight: Susquehanna Bancshares leads the pack with an impressive 80% accuracy rate. Their expertise in forecasting Nvidia’s performance reflects a deep understanding of the company’s market behavior and potential.
2) Canaccord Capital
Total Ratings: 34
Correct After 12 Months: 27
Accuracy: 79%
Insight: Close behind Susquehanna Bancshares, Canaccord Capital boasts a 79% accuracy rate, showcasing their strong capability in predicting Nvidia’s market trends effectively.
3) Suntrust Robinson
Total Ratings: 19
Correct After 12 Months: 15
Accuracy: 79%
Insight: Suntrust Robinson also achieves a 79% accuracy rate. Despite fewer ratings compared to others, their predictions reflect a precise understanding of Nvidia’s market dynamics.
4) STA Research
Total Ratings: 21
Correct After 12 Months: 16
Accuracy: 76%
Insight: STA Research ranks high with a 76% accuracy rate, offering reliable forecasts that investors can trust for Nvidia-related decisions.
5) Wedbush
Total Ratings: 37
Correct After 12 Months: 28
Accuracy: 76%
Insight: Matching STA Research, Wedbush’s 76% accuracy rate highlights its strong reputation in delivering accurate market analysis.
6) Citigroup
Total Ratings: 49
Correct After 12 Months: 36
Accuracy: 73%
Insight: Citigroup’s 73% accuracy rate underscores its consistent and reliable insights into Nvidia’s market performance.
7) B. Riley
Total Ratings: 18
Correct After 12 Months: 13
Accuracy: 72%
Insight: With a 72% accuracy rate, B. Riley is a dependable source for Nvidia forecasts, reflecting effective analysis and understanding of the company.
8) Piper Sandler
Total Ratings: 24
Correct After 12 Months: 17
Accuracy: 71%
Insight: Piper Sandler’s 71% accuracy rate reflects their capability in analyzing Nvidia’s market behavior and providing actionable insights.
9) RBC Royal Bank
Total Ratings: 54
Correct After 12 Months: 38
Accuracy: 70%
Insight: RBC Royal Bank’s 70% accuracy rate, supported by the highest number of ratings among the top analysts, showcases both breadth and reliability in their forecasts.
10) Craig Hallum
Total Ratings: 22
Correct After 12 Months: 15
Accuracy: 68%
Insight: Craig Hallum rounds out the top 10 with a 68% accuracy rate, providing consistent and valuable insights into Nvidia’s performance.
Stock Target Advisor’s Analysis
Stock Target Advisor’s analysis of Nvidia is slightly bullish, with 11 positive signals pointing to high market capitalization, superior earnings growth, and strong returns on assets and equity. However, there are concerns about Nvidia’s high valuation and volatility. The current average analyst target price for NVDA is USD 150.38, with a consensus rating of “Strong Buy,” suggesting cautious optimism for potential investors.
The analysts listed above have shown exceptional accuracy in predicting Nvidia’s performance, making them valuable resources for investors navigating the tech sector’s volatility. With Nvidia continuing to play a central role in AI and semiconductor innovations, relying on these top-performing analysts can provide significant advantages for informed investment decisions.
STA Research is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI.
