Nvidia continues to project a stabler future, with banking giant Bernstein reinstating its $275 value stance in the company. Bernstine has reinstated its outperform rating on Nvidia, adding how the firm may continue to lead the AI tech and chip domain, with its price target eventually scaling to trade at $275 stock levels soon.
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Bernstein Nvidia Forecast: Price Developments
Per a latest update by Walter Bloomberg on X, Bernstein has once again reiterated its outperform rating for Nvidia. The firm has further shared how the NVDA stock price is on course to hit $275, as AI chip momentum continues to take charge globally. However, Bernstein was quick to flag how the firm is still waiting for approvals on the US-China chip deal and that it’s lacking clarity on the 25% government revenue share. Moreover, Nvidia believes its hardware is sturdy enough to scale AI tech globally, making it an unstoppable force in the field of artificial intelligence and technology.
“$NVDA – BERNSTEIN REITERATES OUTPERFORM ON NVIDIA. Bernstein reaffirmed its Outperform rating and $275 price target on NVIDIA. The firm noted NVIDIA is still awaiting U.S. approval to ship H200 chips to China and lacks clarity on a proposed 25% government revenue share. NVIDIA believes it remains about two years ahead of Google’s TPU efforts, citing the flexibility of its programmable platform. While acknowledging TPU progress, NVIDIA views its hardware as better suited for rapidly evolving AI models and cloud infrastructure.”
Projected Nvidia Forecast: Technical Insights
As per TipRanks NVDA Stats, Nvidia is looking forward to exploring a high of $352, with an average target of $258 in the next few months.
“The average price target for Nvidia is 258.97. This is based on 41 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst price target is $352.00, and the lowest forecast is $200.00. The average price target represents a 46.90% increase from the current price of $176.29. Nvidia has a consensus rating of Strong Buy, which is based on 39 buy ratings, 1 hold rating, and 1 sell rating.”
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