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Nvidia price target raised to $190 from $150 at Baird
The Fly

Nvidia price target raised to $190 from $150 at Baird

Baird raised the firm’s price target on Nvidia (NVDA) to $190 from $150 and keeps an Outperform rating on the shares. The firm said that while system implementation is complex, there are no severe issue such as overheating impacting demand, and highlight extremely strong demand/RFQs for Blackwell. There is no demand slowdown in sight, as Nvidia expects worldwide data center “modernization” from coding to generating AI to be ongoing over the next five years, while generative AI provides an entirely new demand layer.

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