1 Wall Street Analyst Thinks Nvidia Stock Will Plunge 28%. Is He Right?
Mon, May 6, 2024 3:31 PM

1 Wall Street Analyst Thinks Nvidia Stock Will Plunge 28%. Is He Right?

A Flip by Riya Sharma
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Nvidia (NASDAQ: NVDA) has been a Wall Street darling for quite a while now. And for good reason. The stock has roughly tripled over the past 12 months and is up more than sevenfold since September 2022. However, not everyone on Wall Street remains enthusiastic about Nvidia. One analyst thinks shares of the GPU maker will plunge close to 28% over the next 12 months.

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