Analyst Aaron Rakers from Wells Fargo maintained a Buy rating on Nvidia (NVDA – Research Report) and keeping the price target at $185.00.
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Aaron Rakers has given his Buy rating due to a combination of factors related to Nvidia’s strategic advancements and technological innovations. The recent announcement of NVLink Fusion at Computex 2025 is seen as a pivotal development, potentially extending Nvidia’s influence in the custom AI ASIC market and enhancing its networking capabilities for scale-up operations. This move is perceived as a significant step in maintaining Nvidia’s competitive edge against rivals like UALink, despite the ongoing competition in the interconnect technology space.
Nvidia’s NVLink technology is highlighted as a foundational element for AI infrastructure, offering substantial bandwidth advantages over industry-standard PCIe connectivity. With NVLink v5 already providing impressive bandwidth and the anticipated release of NVLink v6, Nvidia is poised to continue leading in high-performance interconnect solutions. The introduction of NVLink Fusion, which facilitates connections between Nvidia’s CPUs and custom accelerators, further underscores the company’s commitment to innovation and its potential to drive growth in the AI sector.
Rakers covers the Technology sector, focusing on stocks such as Intel, Nvidia, and Micron. According to TipRanks, Rakers has an average return of 21.3% and a 62.26% success rate on recommended stocks.
In another report released on May 19, Raymond James also reiterated a Buy rating on the stock with a $150.00 price target.