Nvidia's stock price hits a new high in four months; analysts optimistic about the outlook

智通财经2026/10/05 22:16

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As Nvidia (NVDA.US) shares hit a new high for the first time in four months, analysts remain optimistic about its future. The company's stock closed at $237.58 on Monday, setting a new peak, and the company's market value is around 5.76 trillions USD. Wedbush analyst Matt Bryson noted that as Nvidia gets closer to meeting its future financial expectations, "it's increasingly difficult for the market to ignore the disconnect" between its growth prospects and its valuation. He pointed out that the company is expected to grow at a 70% rate, but the stock is trading at less than 20 times next year's expected earnings per share, making it appear relatively inexpensive. Despite facing competition from peers and even its own customers, Nvidia remains the "cornerstone of AI infrastructure," BNP Paribas analyst Karl Ackerman wrote in a report last week. He raised the stock’s price target to $345 per share, which implies a 45% upside compared to Monday's closing price.

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With NVIDIA (NVDA.US) shares hitting a new high for the first time in four months, analysts remain optimistic about the company's outlook. On Monday, the stock closed at $237.58, reaching a record high, and the company's market value stood at approximately $576 billion. Wedbush analyst Matt Bryson stated that as NVIDIA gets closer to meeting its future financial expectations, "it is becoming increasingly difficult for the market to ignore" the disconnect between its growth prospects and valuation. He pointed out that the company is expected to grow at a rate of 70%, but the shares are trading at less than 20 times the expected earnings per share for the next fiscal year, making them appear relatively cheap. Despite competition from peers and even its own customers, NVIDIA remains "the cornerstone of AI infrastructure," BNP Paribas analyst Karl Ackerman wrote in a report last week. He raised the price target on the stock to $345 per share, which implies a 45% upside from Monday's closing price.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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智通财经•2026/10/06 04:35

Vietnam’s LNG power generation plan faces serious delays, with only 1 out of 18 projects expected to be completed on time

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智通财经•2026/10/06 04:06

The U.S. blockade against Iran has caused at least 50 oil tankers to be stranded in nearby waters.

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智通财经•2026/10/06 03:51