In a report released today, Vivek Arya from Bank of America Securities maintained a Buy rating on Nvidia, with a price target of $275.00.
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Vivek Arya has given his Buy rating due to a combination of factors that highlight Nvidia’s competitive edge and growth potential. Nvidia’s GPUs are considered to be a full generation ahead of their competitors, with upcoming models like Blackwell expected to significantly outperform current offerings. This technological advantage positions Nvidia as a leader in the market, especially with the anticipated release of new GPU-based large language models in early 2026.
Furthermore, Nvidia’s strong partnerships with major players like Google, OpenAI, and Anthropic provide substantial demand and supply visibility, supporting a robust sales outlook of at least $500 billion through 2026. Despite rising memory costs, Nvidia maintains a strong gross margin outlook, and its valuation remains compelling compared to its peers. These factors, combined with Nvidia’s unique co-design approach and comprehensive platform offerings, underpin Arya’s confidence in the stock’s potential, justifying the Buy rating and a price objective of $275.
Arya covers the Technology sector, focusing on stocks such as Nvidia, Advanced Micro Devices, and Broadcom. According to TipRanks, Arya has an average return of 20.9% and a 61.66% success rate on recommended stocks.
In another report released on December 9, UBS also maintained a Buy rating on the stock with a $235.00 price target.