Nvidia (NVDA) Stock: Bank of America Cuts Price Target Following Executive Meeting
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TLDR Bank of America cut its price target for Nvidia stock after meeting with company executives The revised forecast reflects new expectations for the chipmaker’s performance heading into 2026 Nvidia’s AI chip business continues to drive strong revenue growth through its data center segment Analysts are weighing factors like competition, customer spending, and product demand in their evaluations The stock remains heavily watched on Wall Street as firms update their projections for the company Bank of America has lowered its price target for Nvidia stock following a recent meeting with the company’s executive team. The adjustment marks a shift in the bank’s outlook for the semiconductor giant. NVIDIA Corporation, NVDA The bank’s analysts met with Nvidia leadership to discuss business operations and future strategy. After the conversation, they decided to reduce their previous price target for the shares. Nvidia dominates the market for AI chips used in data centers and machine learning applications. The company’s graphics processing units have become the standard hardware for training large AI models. Investment firms across Wall Street are recalibrating their expectations for Nvidia as they look toward 2026. The chipmaker has delivered consistent revenue growth, but questions remain about the sustainability of current demand levels. The stock has seen major price swings over the past year. Investors react quickly to quarterly earnings reports and any news about the AI chip market. Demand Questions Shape Forecasts Bank of America’s decision to lower its target comes as analysts evaluate several key factors. Competition in the semiconductor space is intensifying as rivals develop their own AI chips. Customer spending patterns also play a role in analyst models. Cloud providers and tech companies have poured money into AI infrastructure, but the pace of that spending could change. Nvidia’s ability to manufacture enough chips to meet orders is another…
Filed under: News - @ December 12, 2025 11:27 am