Shares of NVIDIA Corp. NVDA slipped 3.00% to $135.91 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 1.54% to 5,827.04 and Dow Jones Industrial Average DJIA falling 1.

Analysts are also bullish on the stock, with Bank of America recently revealing that it was the most widely owned company among US fund managers. Nvidia Corporation (NASDAQ:NVDA) also attracted record retail investors’ funds in 2024 and was the most sought after stock by this investor group. The story is unlikely to change in 2025.

Continued Ives, “We could go back to quarters where the stock sells off, bears come out of hibernation mode, stock goes to $100, then all of a sudden, two months later, back up to all-time highs. These knee-jerk reactions, it’s easy to get scared by them because they don’t say anything about near-term demand.”

Following Nvidia's (NASDAQ: NVDA) presentation at CES 2025, Bank of America analyst Vivek Arya reiterated a bullish view on Nvidia's growth trajectory and stock appreciation potential. The stock has had a phenomenal run over the last few years,

NVIDIA's stock is fluctuating around $140 per share this week, with analysts closely monitoring the 50-day moving average for potential trends. Beyond stock charts, NVIDIA is gaining attention at CES 2025,