Cantor Fitzgerald keeps an Overweight rating and $300 price target on Nvidia (NVDA). The firm notes that Nvidia CEO’s keynote at GTC Washington DC event was filled with announcements, including new partnerships for the AI infrastructure build, new partnerships for Physical AI, partnership with the DOE to build 7 new supercomputers, and others. Cantor further contends that estimates for Nvidia are “way too low” as the company now has over $500B of business on the books for Blackwell/Rubin through 2026, the analyst tells investors in a research note. While concerns around the AI bubble continue to dominate headlines, Nvidia still only trades at 21-times the firm’s updated 2026 EPS upside of $9-$10, and the stock remains “too inexpensive to ignore”, the firm added.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- All Eyes on Nvidia Stock Ahead of November 19. Here’s What This Top Investor Expects.
- SPY ETF Daily Update, 10/28/2025
- Nvidia Stock (NVDA) Hits All-Time High after Barrage of AI and Supercomputing Deals
- Nvidia (NVDA) Says that Its AI Chips Are Now Being Produced in the U.S.
- Rigetti Computing announces support for Nvidia NVQLink