- Tigress Financial analyst Ivan Feinseth raised the price target on NVIDIA Corp (NASDAQ: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.
Get all your news in one place.
100’s of premium titles.
One app.
Start reading
One app.
Get all your news in one place.
100’s of premium titles. One news app.
Tigress Financial Analyst Sees 45% Upside In Nvidia - Read Why
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member?
Sign in here
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Our Picks