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Feb 22, 02:13 PM
Nvidia's FY 2025 Revenue Estimate Raised to $104.3B, Price Targets Up to $1,100 After Strong Quarter
Economics
Business

Nvidia's FY 2025 Revenue Estimate Raised to $104.3B, Price Targets Up to $1,100 After Strong Quarter

Authors
  • Benzinga
  • Diogenes
  • Joseph Fahmy
5

Following Nvidia's impressive quarterly results and outlook, analysts have revised their financial projections and price targets for the company, despite some observers having no position in the stock. The FY 2025 revenue estimates for Nvidia have been increased by 4.5%, from $99.8 billion to $104.3 billion. Additionally, several investment firms have significantly raised their price targets for Nvidia's stock. Bernstein now sees the stock reaching $1,000, up from $700. Stifel raised its target from $865 to $910, while Morgan Stanley adjusted its target from $750 to $795. KeyBanc has the highest projection, raising its target from $740 to $1,100. This has led to a bullish sentiment among investors today.

Written with ChatGPT (GPT-4).

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