Aug 25, 10:09 AM

Analysts Lift Nvidia Targets to as Much as $225 Before Earnings

Wall Street analysts are rapidly lifting their forecasts for Nvidia Corp. ahead of the chipmaker’s fiscal second-quarter earnings report on Wednesday, pointing to persistent demand for its artificial-intelligence processors and robust supply-chain checks. UBS raised its price target to $205 from $175, projecting July-quarter revenue of roughly $46 billion—about $1 billion above the current consensus—and up to $57 billion in October-quarter sales if shipments to China resume. Oppenheimer reiterated its Outperform rating with a $200 objective, while Wedbush moved to $210, Stifel to $212, Evercore ISI to $214 and Baird to a Street-high $225. Bloomberg Línea tallied at least nine target increases this week, pushing the average target to an all-time high. The upgrades hinge on accelerating deployments of Nvidia’s new Blackwell-based systems, a projected 20–25% quarterly jump in compute revenue and expectations that the top cloud providers will continue to boost capital spending on AI infrastructure. Nvidia shares are up about 32% in 2025, giving the company a market capitalization near $4.4 trillion, or roughly 7.4% of the S&P 500. Wednesday’s results will gauge whether Nvidia can extend its eight-quarter streak of beating and raising guidance. LSEG consensus calls for revenue of about $46 billion and earnings of $1.00 a share; Constellation Research says topping $48 billion would represent 53% year-over-year growth and further validate the AI-driven investment cycle.