Barclays Raises Expectations for Nvidia
Barclays has raised the price target for Nvidia from $170 to $200 and maintains its “Overweight” rating. This indicates a significant upside potential of about 40 percent compared to the current level. The increase is based on positive signals from the supply chain, which suggest strong demand for Nvidia’s products.
Impact of the Blackwell Architecture
In particular, the rapid rollout of the new Blackwell architecture is regarded as the main driver of growth. For July, Barclays forecasts that Nvidia’s revenue could increase by two billion dollars.
Artificial Intelligence as a Growth Engine
Additionally, Barclays sees new application fields such as “Agentic AI” and rising system sales as further growth drivers. These could further boost demand for Nvidia products. The combination of the innovative Blackwell architecture and expanding AI applications could lead Nvidia to a market capitalization of nearly 5 trillion dollars, a significant milestone for the technology sector.
Risks and Opportunities
Although there are risks such as potential overvaluation or a slowdown in the AI boom, these are considered manageable. This is due to strong diversification and the ongoing trend in the AI market.
In summary, the price target of $200 is a strongly bullish signal, supported by the rapid implementation of the Blackwell architecture and new AI application fields. Nvidia thus remains an attractive candidate for technology-oriented investors and a beneficiary of the global AI megatrend.