Tigress Financial Analyst Sees 45% Upside In Nvidia - Read Why

Comments
Loading...
  • Tigress Financial analyst Ivan Feinseth raised the price target on NVIDIA Corp NVDA to $410 from $400 and kept a Buy rating. The price target implied an upside of 45.3%.
  • Nvidia's recent analyst day and GPU Technology Conference, or GTC, highlighted new products and their advancement in AI, further powering data centers, gaming, autonomous technology, and the Omniverse targeting a $1-trillion total addressable market.
  • Also Read: 5 Nvidia Analysts On AI Inflection, A $1-Trillion Opportunity, Silicon-Software Split And Sky-High Valuation
  • Nvidia raised its long-term TAM to $1 trillion, with a 50-50 breakup between silicon and software.
  • Nvidia continued to evolve into the world's leading AI processing provider, likely to be the world's most transformative technology.
  • Price Action: NVDA shares traded higher by 1.90% at $287.55 in the premarket on the last check Tuesday.
NVDA Logo
NVDANVIDIA Corp
$111.27-2.19%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum77.14
Growth95.11
Quality97.29
Value7.24
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: