Reported about 1 year ago
UBS believes Nvidia's stock rally will continue with a potential 16% upside to $150 per share as demand for its upcoming Blackwell chip remains strong. The next-generation AI-enabled GPU system is expected to generate significant efficiency gains compared to the H100 chip, and if Nvidia achieves an EPS of $5 in 2025, it would trade at a forward P/E ratio of about 25.6x, making it an attractive investment given its growth rate compared to the S&P 500. UBS maintains a 'Buy' rating on Nvidia as they raise their price target based on positive supply chain checks and optimistic outlook amidst recent bearish sentiments.
Source: YAHOO