Jensen Huang, the CEO of chipmaker Nvidia (NVDA), will kick off the 2025 Consumer Electronics Show (CES) with a keynote focusing on the company’s vision for artificial intelligence (AI), according to Wedbush Securities. Indeed, 4.5-star analyst Dan Ives expects Huang to highlight how the number of AI use cases across industries is rapidly growing as enterprises worldwide ramp up adoption. Ives also described CES 2025 as the start of a “new AI age” and predicts that the AI Revolution will drive the biggest tech transformation in over four decades by pulling in major players across the industry alongside Big Tech.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
It is no secret that Wedbush is very optimistic about the artificial intelligence industry, particularly when it comes to Nvidia. In fact, the firm’s lead analyst on Nvidia, five-star-rated Matt Bryson, has a Buy rating on the stock with a $175 price target.
Separately, Ives even referred to the company as an all-night party that doesn’t end until 4 a.m. but clarified that it is only 9 p.m. right now. Ives also noted that demand for Nvidia’s Blackwell AI accelerators remains “insane,” with supply chain checks reflecting unprecedented demand. Nvidia shares climbed by over 3% ahead of the event, with competitor AMD (AMD) seeing gains as well, while Intel (INTC) dropped by 3.4%.
Is NVDA a Good Stock to Buy?
Overall, analysts remain bullish on NVDA stock, with a Strong Buy consensus rating based on 37 Buys and three Holds assigned in the past three months. After a 186% rally in its share price over the past year, the average NVDA price target of $177.08 per share implies an upside potential of 18.5% from current levels.
