Goldman Sachs lifted its price target for the chipmaker to $135 from $120, reiterating its Buy rating on the stock. The bank noted rising volume expectations across the supply chain ahead of Nvidia's initial shipments of its Blackwell GPU, which are scheduled for late in the third quarter of this year.
Argus raised its Nvidia target to $150, stating the company is positioned for continued market momentum in FY25. The Nvidia target was raised to $150 from $110 at Oppenheimer."We see NVDA as best positioned in AI, benefiting from their full-stack AI hardware, networking, and software solutions," said the firm's analysts.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.