All articles tagged with #stock target
Nvidia's strong momentum, driven by major deals like Microsoft's Azure cluster using Nvidia's latest chips, increasing global demand, and strategic partnerships, supports a bullish outlook with a potential stock price target of $250, as analysts revise revenue and earnings estimates upward and valuation multiples are expected to compress favorably.
Citi has increased its price target for Nvidia, citing growth in AI infrastructure and the company's deal with OpenAI as key factors driving optimism about Nvidia's future performance.
Wedbush analyst Daniel Ives has increased his price target for Apple stock (AAPL) due to strong demand for the iPhone 17, indicating a positive outlook for the company's future performance.
A veteran analyst has raised Tesla's stock target to $475, citing the successful launch of its Robotaxi service in Austin as a key factor, despite operational challenges and regulatory scrutiny, with some experts seeing significant upside potential if Tesla scales its autonomous vehicle technology effectively.
Following Nvidia's AI conference, Goldman Sachs raised its stock target to $1,000, citing the company's strong position in AI and data center markets, while JPMorgan sees Nvidia's "dominance" in the industry.
Wells Fargo analyst Steven Cahall has cut his stock price target on the Walt Disney Co. by over $30, but maintains an "overweight" rating, citing the company's long-term upside potential. Cahall highlighted concerns over Disney's lack of recent content successes and potential challenges in the transition to streaming. However, he also emphasized Disney's strong IP library, the potential for price hikes on Disney+, and the positive impact of the planned sale of linear TV assets. Cahall believes that the recent carriage dispute with Charter Communications is not as significant as some believe and expects Disney to launch an ESPN streaming service in early fiscal year 2025. Overall, he sees the longer-term direct-to-consumer earnings and margins story as the key reason to own Disney stock.