GTC 2025 Kicks Off on March 17. How Important Is That Really for Nvidia Stock?

Nvidia is due to host its annual GPU Technology Conference (GTC) 2025 for developers next week .

The tech giant has faced a challenging start to the year , weighed down by concerns ranging from the emergence of DeepSeek to escalating U.S.-China trade tensions.

The highlight of the event will be CEO Jensen Huang’s keynote speech on March 18 , where he is expected to unveil major advancements in AI and computing.

Nvidia has outperformed the Philadelphia Semiconductor Index by an average of 7 percentage points and 2.4 percentage points during the week of GTC and two weeks following GTC .

Nvidia ’s fourth-quarter revenue stood at a record $39.3 billion , marking a 12% increase from the previous quarter and a 78% rise year-over-year .

Nvidia forecasts Q1 revenue of $43 billion , plus or minus 2% , which represents a 65% increase year over-year and a 9% rise from previous quarter .

Wall Street analysts are highly bullish on Nvidia , as evidenced by a consensus “ Strong Buy ” rating.

The average price target for NVDA stock is $ 177.59 , indicating upside potential of 54% from current levels.

Of the 44 analysts offering recommendations for the stock, 38 rate it as a " Strong Buy ," two as a “ Moderate Buy ,” and four recommend holding.