New Nvidia price target

Nvidia could be worth $6.6 trillion…

Sending shares 48% higher from the recent price of $185.

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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%.

But if you don’t want to wait an entire year for that…

You may want to consider installing this new AI Profit Predictor – which is delivering 124% average profits per trade in just a few weeks.

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Ian

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