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ubs maintains buy rating for nvidia with price target of 185 dollars
UBS analyst Timothy Arcuri has reiterated a "Buy" rating for NVIDIA, maintaining a price target of $185, citing the company's strong market position and projected data center revenue growth. With a market value of $2.9 trillion and a 114% sales increase over the past year, NVIDIA is expected to see its data center revenues potentially double by 2028, leading to an estimated EPS of $12. Analysts from Benchmark and Truist also support NVIDIA's growth prospects, highlighting its robust product roadmap and demand for computing power.
ubs maintains buy rating on nvidia with stable price target of 185
UBS analyst Timothy Arcuri has reaffirmed a Buy rating on NVIDIA, maintaining a price target of $185, citing the company's impressive 114% sales growth and strong data center revenue projections. With a perfect Piotroski score and a robust gross margin of 75%, NVIDIA is positioned as a leader in the semiconductor sector, particularly in infrastructure for large-scale deployments. Other analysts, including Benchmark and Truist, also support NVIDIA's growth potential, highlighting its strong product roadmap and demand for computing power.
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