NVIDIA (NVDA), Whales Holding While Retail Investors Sell...Wall Street Maintains "$300 Target Price"

▲ NVIDIA (NVDA), Artificial Intelligence (AI)/AI-generated image

Despite expectations for AI growth, NVIDIA (NVDA) was pushed down by short-term profit-taking. The stock price fell by 1.39%. However, Wall Street's $300 target price outlook remained unshaken.

According to financial media outlet FXLeaders on July 3 (local time), NVIDIA's stock price continued its bearish trend. Large investors locked in existing profits ahead of the holiday, increasing short-term selling pressure. Concerns about an AI bubble were also cited as a factor in the stock price decline.

Market caution stemmed from valuations. Some experts pointed out that the stock prices of AI companies are already at high levels. The view is that if the growth in earnings falls short of expectations, the overvaluation debate could intensify again. However, it was also noted that NVIDIA's actual business momentum remains strong.

NVIDIA recorded fourth-quarter revenue of $68.1 billion, a 73% increase year-over-year. Non-GAAP earnings per share were $1.62. Annual non-GAAP earnings per share totaled $4.77. Total revenue for fiscal year 2026 increased by 65% year-over-year to $215.9 billion.

Growth drivers were identified in the data center segment. Fourth-quarter data center revenue reached $62.3 billion. The demand for AI chips from large enterprises drove revenue expansion. NVIDIA recruited Nicholas Parker, formerly of Microsoft (MSFT), as its Head of Sales. Parker will be responsible for global field operations starting in August 2026.

Business expansion also continued. NVIDIA unveiled the BioNeMo Agent Toolkit for scientists in medical, biological, and research fields. In July 2026, 12 new games were added to the GeForce NOW cloud gaming service. The media reported that the expansion beyond semiconductors to the broader AI ecosystem supports investor confidence.

Despite short-term stock price adjustments, analyst outlooks are favorable. Many experts set NVIDIA's target price at approximately $300. The average target price mentioned was around $301. The key basis for optimism is that AI demand has been confirmed in actual revenue.

[Article Key Summary]

-NVIDIA's stock price fell by 1.39% amid profit-taking by large investors and concerns about an AI bubble.

-Fourth-quarter revenue was $68.1 billion, a 73% increase year-over-year, and data center revenue recorded $62.3 billion.

-Despite short-term adjustments, analysts maintain a target price of approximately $300, positively evaluating AI demand and ecosystem expansion.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*