Loading cryptocurrency prices...

Morgan Stanley, Wells Fargo Boost Nvidia Targets on AI Chip Demand

  • NVIDIA received new price target increases from major Wall Street analysts, reflecting strong demand for its Blackwell architecture in enterprise AI markets.
  • Morgan Stanley raised its 12-month price target for Nvidia to $220 and expects robust results as Blackwell chip production ramps up.
  • Wells Fargo lifted its price target to $265, projecting strong revenue guidance for upcoming quarters and citing Nvidia’s dominance in AI datacenter solutions.
  • Analysts anticipate Q3 2026 revenue of $54.8 billion and earnings per share (EPS) of $1.25 for Nvidia.
  • Nvidia shares have climbed over 39% in 2025, maintaining bullish sentiment among retail investors.

Nvidia continues to strengthen its position in the AI semiconductor sector, as both Morgan Stanley and Wells Fargo recently increased their 12-month price targets, citing strong customer demand for Nvidia’s Blackwell architecture. Morgan Stanley analyst Joseph Moore increased his firm’s price target for Nvidia to $220 and kept an ‘Overweight’ rating. Wells Fargo also raised its price target to $265, maintaining an ‘Overweight’ rating.

- Advertisement -

Moore explained that recent checks show substantial acceleration in Nvidia’s AI chip business, expecting the “strongest result seen in the last few quarters” as Blackwell production ramps up. He also mentioned “very strong” demand for Nvidia’s forthcoming Rubin platform, highlighting that Blackwell remains the preferred AI chip among enterprise customers. Moore noted, The stock has lagged some peers in the AI theme, but that underperformance should reverse, given the fundamentals in motion.

Wells Fargo echoed the optimism, projecting strong upside for Nvidia’s fiscal third and fourth quarters of 2026. The firm forecasts revenue between $50 billion and $52 billion for Q3 and between $58 billion and $60 billion for Q4, based on Nvidia’s steady growth and its leading datacenter presence. These projections reflect confidence in the company’s robust AI pipeline and demand momentum.

Nvidia is set to report third-quarter earnings on November 19. According to Fiscal AI data, analysts estimate Q3 revenue at $54.8 billion and EPS at $1.25. In 2025, Nvidia’s stock has increased over 39%, and by more than 27% over the past year. Despite a slight dip of over 2% in Friday’s premarket trading, as referenced by Stocktwits retail sentiment data, investor activity remains firmly positive.

AI-focused tech stocks, including Nvidia, continue to attract heightened interest from institutional and retail investors as the AI hardware market grows rapidly.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Critical WordPress Flaw CVE-2025-6389 Exploited in Wild Attack

A remote code execution vulnerability (CVE-2025-6389) in the Sneeit Framework WordPress plugin is being...

ChatGPT Picks Solana and Avalanche to 10x in 2026 Crypto Surge

The cryptocurrency market has shown bullish trends with Bitcoin reaching a high of $126,080...

Binance Secures Three Licenses to Operate in Abu Dhabi’s ADGM

Binance received three licenses from Abu Dhabi’s Financial Services Regulatory Authority (FSRA) for exchange,...

Iran’s MuddyWater Hacks with UDPGangster Malware via Phishing

An Iranian Hacking group called MuddyWater is using a new backdoor Malware named UDPGangster...

XRP Faces Heavy Short Selling, Price Drop Risks Looming

XRP faces significantly higher short-selling positions compared to long positions among traders.Short positions on...
- Advertisement -

Must Read

12 Hosting Providers To Buy VPS With Bitcoin: An Expert Guide for 2026

You need a VPS. You want to pay with Bitcoin. Simple enough, right?Not quite. The market for crypto VPS = VPS hosting that accepts...