Summary of target prices from major banks after NVIDIA's financial report
The highest target price remains at $1400, from investment banks Rosenblatt and Cantor Fitzgerald
Some investment banks have raised their price targets for NVIDIA:
- Rosenblatt Securities: $1,400
- Cantor Fitzgerald: $1,400
- Benchmark: $1,350
- Jefferies Financial Group: $1,350
- Bank of America: $1,320
- Evercore ISI: $1,310
- Sanford C. Bernstein: $1,300
- KeyCorp: $1,300
- Truist Financial: $1,288
- Wedbush: $1,200
According to Benzinga's statistics, out of 29 investment banks that have provided the latest ratings for NVIDIA, only one has a price target below the market price (Deutsche Bank, raised from $850 to $1,000), 2 have the same price target as the previous one (Oppenheimer, same as Rosenblatt), and the highest price target remains at $1,400 (Rosenblatt and Cantor Fitzgerald).
HSBC pointed out in its latest analysis report that the company's management is also optimistic about future demand expectations. With the NVL server architecture and the technical advantages of GB200, growth in the 2026 fiscal year (i.e. 2025 calendar year) is also guaranteed. Data center revenue is expected to reach $179 billion, 38% higher than the market's expectation of $130 billion.
NVIDIA's first-quarter revenue reached $26 billion, exceeding the market's expectation of $24.7 billion. NVIDIA's management has conveyed strong growth expectations to the market, with the company expecting second-quarter revenue to reach $28 billion, higher than analysts' expectations of $27 billion, mainly due to strong demand for data center chips.
HSBC maintains a price target of $1,350 for NVIDIA, which represents a 30% upside from its current stock price.
Overnight, NVIDIA surged 12% at one point during trading and closed up 9.3%, with a market value exceeding $2.55 trillion:
