Wall Street analyst updates price target for Nvidia stock


Wall Street firm Tigress Financial Partners raised its price target Nvidia (Nasdaq: NVDA) shares, citing the company’s strong presence in artificial intelligence sector.

In this regard, the company raised the price target for NVDA stock to $425 from $360 while reiterating the “Strong Buy” rating. The updated target represents an increase of about 18% from the company’s previous forecast and implies an expected upside of approximately 100% from Nvidia’s current stock price of $209.

NVDA 1-week stock price chart. Source: Finebold

Tigress Financial Partners described Nvidia as a key infrastructure provider in the era of the AI ​​factory, citing its leadership in integrated AI technology High demand is driven by enterprise growth and increased spending on artificial intelligence.

The company pointed to Nvidia’s record financial results in the first quarter of 2027 as evidence of accelerating demand in AI factories and strengthening platform leadership.

The chipmaker continues to benefit from expanding AI-related capital expenditures, supporting durable revenue growth, stronger cash flow generation, and increased shareholder value, analysts said.

According to the report, Nvidia remains well-positioned to capture a significant share of the multi-trillion-dollar AI infrastructure market.

Tigress also highlighted the company’s expanding presence in data centers, edge computing, automotive technology, and robotics as additional drivers of long-term growth.

The company also noted Nvidia’s ability to monetize its AI ecosystem while using strong cash generation to fund expansion initiatives and return capital to shareholders.

Nvidia stock also remains on Tigress Financial Partners’ research focus list and Focus Opportunity portfolio, reflecting continued confidence in the company’s long-term outlook amid growing global AI adoption.

Wall Street is bullish on NVDA stock price

Meanwhile, Wall Street analysts said… TipRanks The pair remains bullish on the chipmaker, maintaining a “strong buy” consensus.

According to data collected from 40 analysts, Nvidia has 38 Buy ratings, along with 1 Sell recommendation and 1 Hold. Analysts now expect Nvidia shares to reach an average price target of $308 over the next 12 months, implying an upside of 46%.

NVDA 12-month price prediction. Source: TipRanks

Analysts’ price targets for Nvidia range from $250 to $500, reflecting expectations that the stock may continue to rise as demand for AI chips remains strong.

The forecast also points to a steady upward trend through May 2027, fueled by Nvidia’s central role in the generative AI boom.

Investor sentiment was boosted by strong earnings growth, expanding margins, and higher AI-related spending from hyperscale companies and enterprise clients.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *