Nvidia could be worth $6.6 trillion…
Sending shares 48% higher from the recent price of $185.
But why earn 48% in 12 months when it’s possible to earn a triple-digit gain in just a few weeks with this new AI Profit Predictor?
Nvidia stock is still undervalued.
That’s according to Mizuho Securities.
The firm says NVDA could hit $275 per share.
They pointed to continued strength in AI accelerators and steady demand as key forces that could keep pushing the AI sector higher.
As they explained in a new note to clients…
“NVDA [remains] best positioned to benefit from secular trends in AI accelerator demand as hyperscaler capex is expected up 32% year-over-year to approximately $540 billion.”
Mizuho is far from the only one who is bullish.
Bank of America also is.
The bank points to Nvidia’s next-gen Vera Rubin platform and the company’s ability to keep scaling its AI business as key drivers.
Their NVDA price target is also $275.
This suggests a potential gain of 48%.
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Ian