Analysts Lift NVDA Targets as AI Boom Drives Nasdaq Giant toward Earnings

NVDA stock sits near a record high ahead of its earnings report as Wall Street lifts targets amid a booming AI backdrop. Analysts expect Q1 revenue around $79 billion (up about 78% year over year) and EPS near $1.78, with forward guidance possibly topping expectations as AI demand and large-cap client spend rise. Nvidia’s valuation has surged to about $5.46 trillion, supported by bets on Vera CPUs, potential H200 chip sales to Chinese firms, and investments in CoreWeave, Nebius, and Lumentum. The average target sits around $282 with some estimates as high as $360, while the forward P/E near 28 remains below longer-term norms.