The research company Bernstein has maintained its rating for Nvidia at ‘Outperform’ and raised the price target to $185. This price target corresponds to a price potential of over 27 percent year-on-year, signaling a positive market development for Nvidia.
Positive Signals Despite Global Uncertainties
Bernstein analyst Stacy Rasgon emphasizes that investor concerns regarding demand in the field of artificial intelligence (AI) have somewhat eased. Despite global challenges such as U.S. tariffs, export restrictions, and geopolitical conflicts, the U.S. semiconductor index has shown a slightly lower price decline than the broader market S&P 500 since the beginning of the year. This underscores the relative strength of the sector and specifically of Nvidia.
Cooperations in Europe Strengthen Growth Prospects
Moreover, Nvidia’s engagement in collaborations with European countries to provide computing power for government AI purposes is positively assessed. The announcements made during the Paris GTC conference were rated as expected, but they strengthen confidence in Nvidia’s growth prospects.
Other research firms are also optimistic: Truist Securities sees even higher potential with a target price of up to $210.
In summary, analysts are predicting a continuation of the rally for Nvidia due to strong fundamentals in the AI sector, stable demand despite geopolitical uncertainties, and positive corporate collaborations – which is particularly relevant for investors.