Nvidia (NVDA) Stock Slips Today: What Analyst Matt Bryson Sees Coming Next
Nvidia shares take a hit as markets react to shifting sentiment—but one analyst spots opportunity in the turbulence.
Behind the Dip
NVDA stumbled out of the gate this morning, echoing broader tech sector unease. No single catalyst emerged as the sole culprit, though profit-taking and macro jitters played their part. Classic Wall Street behavior—sell first, ask questions while sipping a latte later.
Matt Bryson’s Take
Wedbush analyst Matt Bryson isn’t hitting the panic button. He points to Nvidia’s entrenched AI dominance and robust data-center demand as long-term tailwinds. Short-term noise, he suggests, shouldn’t cloud the bigger picture—even if traders love to overreact to every blip on the radar.
Looking Ahead
Bryson expects volatility to linger but sees upside in Nvidia’s product roadmap and expanding TAM. The dip, he implies, might just be a buying opportunity in disguise. Because in tech, what goes down usually rockets back up—assuming the hype doesn’t crash first.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The mood was further tested by news that Beijing regulators had flagged Nvidia for possible anti-monopoly violations tied to its Mellanox acquisition, showing that the scrutiny extends beyond just chip exports.
Wedbush’s Matt Bryson, an analyst ranked in the top 2% of Wall Street stock experts, points out that the company’s prospects now hinge as much on geopolitics as they do on performance. He highlighted Nvidia’s own admission that restrictions on China are costing it between $2 billion and $5 billion in quarterly sales. Beyond the financial hit, Bryson argued, there’s a broader concern that the U.S. could fall behind in AI development if companies like Nvidia remain locked out of such a pivotal market.
To drive home his point, Bryson leaned on the imagery of panda diplomacy – China’s practice of sending pandas abroad as a gesture of goodwill.
“We believe Jensen and co. are effectively advocating for a return to Panda Diplomacy, albeit with NVDA GPUs and AI coming from the US into China, vs China exporting its giant pandas to the world. And while ostensibly our new estimates build off October guidance (and therefore again implicitly don’t assume any future GPU shipments to China), we see some probability Jensen navigates the currently tricky geopolitical situation to again tap into the China market (presumably with Blackwell based products) creating upside to our estimates,” Bryson noted.
To this end, Bryson rates NVDA shares an Outperform (i.e., Buy), along with a $210 price target. Should the target be met, investors are looking at returns of 23% in the year ahead. (To watch Bryson’s track record, click here)
Bryson is hardly an outlier – most of Wall Street is in the same camp. Of the 39 analysts covering NVDA, 36 rate it a Buy, 2 stay on the sidelines with a Hold, and just one grizzly calls it a Sell. That broad backing translates into a Strong Buy consensus, with a 12-month average price target of $211.11 signaling ~24% upside ahead. (See)
To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a tool that unites all of TipRanks’ equity insights.
