Cantor analyst C.J. Muse raised Nvidia's price target to a Street High of $1,400, suggesting a 31.5% upside. Muse praised Nvidia's consistent execution and described its recent quarterly performance as "flawless." Muse believes Nvidia's revenue opportunity is even larger than currently estimated, potentially reaching into the trillions as computing costs plummet and AI becomes ubiquitous. Dozens of analysts have a "Buy" rating on Nvidia, outnumbering 3 "Hold" ratings. The average price target implies an 11% upside.
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00:00 It's Benzinga and here's what's on the block.
00:02 Cancer analyst CJ Mews raised NVIDIA's price target to a street high of $1,400,
00:07 suggesting a 31.5% upside. Mews praised NVIDIA's consistent execution and described its recent
00:14 quarterly performance as "flawless." Mews believes NVIDIA's revenue opportunity is even larger than
00:19 currently estimated, potentially reaching into the trillions as computing costs plummet and AI
00:24 becomes ubiquitous. Dozens of analysts have a buy rating on NVIDIA outnumbering three whole ratings.
00:30 The average price target implies an 11% upside. For all things money visit Benzinga.com