Cantor Fitzgerald has reiterated its Overweight rating on NVIDIA Corporation (NASDAQ: NVDA), maintaining a price target of $200.
The firm highlights NVIDIA’s consistent performance, noting the company’s trend of surpassing revenue guidance by $2 billion to $2.5 billion each quarter. Over the past year, NVIDIA has achieved remarkable revenue growth of 152%.
Despite NVIDIA’s regular financial outperformance, Cantor Fitzgerald suggests that investors have adjusted to this high level of performance, making standard beats less impactful on market sentiment.
However, the firm anticipates a potential surge in performance with the upcoming launch of NVIDIA’s Blackwell product in the July quarter.
NVIDIA’s financial health remains strong, with impressive gross profit margins of 76% and a perfect Piotroski Score of 9. The company is expected to continue delivering value, with the Blackwell launch potentially catalyzing significant upward movement in its financial trajectory.
In other news, NVIDIA is set to release its fourth-quarter earnings, with analysts from Rosenblatt Securities and Oppenheimer anticipating positive results.
Rosenblatt maintains a Buy rating with a $220 price target, while Oppenheimer reiterates its Outperform rating with a $175 target. KeyBanc Capital Markets has also raised its price target to $190, citing robust fourth-quarter results.
NVIDIA’s latest product line, Blackwell, is expected to begin shipments in the fourth quarter, with demand projected to exceed supply throughout fiscal year 2026. As the AI sector continues to evolve, NVIDIA is positioned as a key player amid rising demand and technological advancements.
