Nvidia Faces Stock Decline While Analysts Await Key Updates at GTC 2025
Despite recent challenges, Wall Street analysts maintain confidence in Nvidia's long-term potential as focus shifts to its upcoming conference for updates on demand and new products.
- Nvidia's stock fell 1.8% on March 17, 2025, as part of broader struggles for momentum stocks, despite gains in the S&P 500.
- Wall Street analysts have largely maintained their price targets for Nvidia, reflecting confidence in its long-term fundamentals.
- The upcoming GTC 2025 conference is expected to feature updates on Nvidia's Vera Rubin chip and projections for 2026 demand.
- Nvidia's performance is tied to broader AI investment trends, which have been impacted by reduced Big Tech capital expenditures and competition from lower-cost Chinese AI models.
- While Nvidia's Blackwell GPUs rollout progresses steadily, short-term gross margin compression is anticipated.