Nvidia stock closed Friday’s trading bell at the $137 mark and surged 3.1% in the day’s trade. In a week alone, NVDA has risen more than 6% and is reclaiming its lost territory. The stock spiked despite the curbs on AI chip exports issued by the U.S. government this month. The curbs will significantly eat up Nvidia’s revenue, as 56% of its revenue comes from overseas customers.

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nvidia stock nvda price $137
Source: Google

China is one of Nvidia’s biggest customers and the U.S. does not want the Communist government access to the latest AI chips. Read here to learn more details on the export curbs and how they could affect NVDA’s stock prospects in the future.

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NVDA: $180 Price Target For Nvidia Stock

nvidia stock
Source: AnalyticsInsight

Stock market analyst Mike Investing took to X, predicting that Nvidia stock is poised to touch $180. He shared a chart indicating that NVDA broke out in price at its lows in 2023 and could the performance in 2025. The analyst predicted that whenever sentiments for Nvidia got low, it bounced back stronger.

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nvidia chart nvda
Source: X / Mike Investing

The bounce back comes after institutional funds and retail investors pour in money at its lows as NVDA is a top performer. Buying low and selling high tactics have been used on Nvidia stock for close to five years now. The analyst predicted that Nvidia could reach the $180 mark in the next two months in March 2025.

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That’s an uptick and return on investment (ROI) of approximately 32% from its current price of $137. Therefore, an investment of $1,000 could turn into $1,320 in the next two months if the forecast turns out to be accurate. Nonetheless, the stock market is subjected to drastic changes as it is closely connected with the nation’s economy. If the economy stalls and leads to stagnation, Nvidia stock could dip and bring in losses to investors.

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