Rosenblatt Securities analyst Hans Mosesmann raised his price target last week to $800 per share , implying upside of 84% over the next 12 months. He added that he expects a top and bottom line beat for the second quarter. "NVDA remains one of our top plays as the company stands in a league of its own when it comes to software and AI solutions. With unmatched strengths in compilers, libraries, and vertical optimizations," Mosesmann said.
"The main question is whether there is still room for the stock to move further, given the big move and elevated valuation - we think there is given NVDA's strong FCF [free cash flow]," Caso said. "We think it's unprecedented to have a company growing this fast , and still throw off this much cash ." Elsewhere, Citi analyst Atif Malik reiterated both a buy rating and a $520 per share price target in a note last week.
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