Fool.com contributor Parkev Tatevosian explains the reasoning behind the Nvidia (NVDA 1.81%) stock forecast.
*Stock prices used were the afternoon prices of Sept. 15, 2024. The video was published on Sept. 17, 2024.
The Truth Behind My Nvidia Stock Price Prediction
By Parkev Tatevosian, CFA – Sep 18, 2024 at 8:35AM
NASDAQ: NVDA
Nvidia
Market Cap
$4.3T
Today's Change
(-1.81%) $3.26
Current Price
$177.00
Price as of November 28, 2025 at 1:15 PM ET
The details will address concerns about the magnitude of Nvidia's valuation related to the U.S. economy.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.