Nvidia To Rally Around 146%? Here Are 10 Top Analyst Forecasts For Thursday
Key takeaways
- Raymond James’ $515 target for NVIDIA signals strong confidence in the company’s AI‑driven growth, potentially boosting the stock toward a new valuation ceiling.
- Target price up from $352 to $515
- Q4 revenue $26.5 billion
- Q4 EPS $4.75
What happened
The upgrade follows NVIDIA’s last‑quarter revenue of $26.5 billion and EPS of $4.75, up 45% YoY, and the company’s guidance for Q4 of $27.5 billion revenue and $5.10 EPS. NVDA shares closed at $209.66 on Wednesday, up 0.8% from the prior close.
Why it matters
The $163 lift in the target price represents a 46% upside from the current market price, signaling renewed confidence in NVIDIA’s growth trajectory amid AI‑driven demand. It also reflects expectations that the company will continue to capture market share in data‑center GPUs and expand its AI software stack. The…
Short-term and longer-term
Short-term. Short‑term traders should watch for a potential breakout toward the $515 target, especially if NVIDIA releases its Q4 earnings on Thursday.
Longer-term. Over the next few months, NVIDIA’s focus on AI infrastructure and software could sustain higher revenue growth, justifying the elevated target.