Nvidia Stock Outlook: Projected Target Increase Driven by Blackwell Demand

Monday, 8 July 2024, 18:15

The latest insight from UBS has pushed Nvidia's stock price target to $150, citing increased demand from Blackwell. This adjustment is based on the potential earnings per share of $5 by 2025, resulting in a forward price-to-earnings valuation of 25.6x.
Business Insider
Nvidia Stock Outlook: Projected Target Increase Driven by Blackwell Demand

Nvidia Stock Price Forecast

The recent forecast by UBS indicates an optimistic view on Nvidia's stock price.

Reasoning Behind the Target Increase

The boost in target price is attributed to the heightened demand from Blackwell.

UBS projects Nvidia to achieve an earnings per share of $5 by 2025, reflecting positively on its valuation.

The forward price-to-earnings estimation stands at 25.6x.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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