There were feelings in some quarters that the failed acquisition of Arm in a deal that would have been worth $40billion could have derailed attempts at registering new highs for the stock in 2022. Twenty-three analysts have Nvidia as a Strong Buy because of the bullish Nvidia stock forecasts. Source: TipranksĪ review of TipRanks’ compilation of the ratings of 26 analysts shows a consensus that the stock has the potential to hit $353.26 – $400.00 in the next year. Nvidia Price Targets from 26 Institutional Analysts. As the company moves ahead with its launch of Grace, its computer processing unit, Citi bank believes that it can go on with this project with empowerment from its 20-year Arm license without necessarily owning Arm. Despite terminating the Arm acquisition and giving up $1.25 billion as compensation to Arm’s owner SoftBank, Nvidia still retains the 20-year Arm license.

This is a stock that has a lot of tailwinds following it. The question should not be, “will Nvidia go up”? Instead, the question should be about the extent to which Nvidia should be going up.

The earnings figures will become the predominant Nvidia stock news which will carry investor sentiment into the middle of the year. Nvidia will report its 4th quarter earnings on 16 February 2022.

However, Nvidia maintains a healthy balance sheet and is not expected to come out of the failed deal with any significant bruises, despite having to forgo its prepayment of $1.25billion. The deal fell through after regulators last week. The latest Nvidia stock news continues to dwell around the company’s decision to cancel its planned acquisition of SoftBank’s Arm Ltd.

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