Analyst Timothy Arcuri from UBS reiterated a Buy rating on Nvidia and keeping the price target at $245.00.
Meet Samuel – Your Personal Investing Prophet
Explore NVDS for 2X short leverage on NVDATimothy Arcuri has given his Buy rating due to a combination of factors related to Nvidia’s growth outlook and profitability profile. He notes that management is signaling sustained, very strong demand for AI compute through at least 2027, supported by hyperscalers’ robust balance sheets and cash generation, which should allow continued heavy investment in Nvidia-based infrastructure.
He also emphasizes Nvidia’s rapidly expanding position in networking, where the company already views itself as the leading global player with ambitions to outgrow the rest of the industry combined. In addition, Arcuri highlights management’s confidence in maintaining gross margins around 75% driven by product performance and total cost of ownership advantages, supporting his long-term EPS forecasts and justification for reiterating a Buy rating and a $245 price target.
Arcuri covers the Technology sector, focusing on stocks such as Micron, Nvidia, and Analog Devices. According to TipRanks, Arcuri has an average return of 41.4% and a 75.98% success rate on recommended stocks.
In another report released today, Morgan Stanley also maintained a Buy rating on the stock with a $260.00 price target.