Susquehanna raises Nvidia price target to $275 on AI demand surge
Crypto Briefing
Susquehanna analyst Christopher Rolland raised Nvidia's price target to $275, citing strong demand for artificial intelligence hardware.Summary
Susquehanna analyst Christopher Rolland has increased his price target for Nvidia (NVDA) from $250 to $275, maintaining a "Positive" rating due to surging demand for AI-related chips. This adjustment reflects a valuation of approximately 30.5 times Nvidia’s estimated 2026 earnings. The move follows similar optimism from other firms like Bank of America, which raised its target to $320, highlighting Nvidia's dominance in powering large language models and AI infrastructure for major hyperscalers. Investors are now looking toward Nvidia's May 20 earnings report as a critical indicator of future performance and market trajectory.
(Source：Crypto Briefing)