NVIDIA’s Price Target Raised at Goldman Sachs, Shares Gain 4 percent

Goldman Sachs analysts raised their price target on NVIDIA (NASDAQ:NVDA) to $800.00 from $625.00, maintaining a Conviction Buy rating.
The bank’s update reflects a 22% increase in fiscal 2025/26 non-GAAP EPS estimates, excluding stock-based compensation, due to recent data showing strong AI server demand and better GPU supply. The forecast now projects continuous growth in Data Center revenue through the first half of 2025, fueled by ongoing Gen AI infrastructure spending by major cloud providers, a wider customer base, and several upcoming product launches like H200 and B100. This revised price target suggests a 21% potential upside from current levels. Shares rose more than 4% intra-day today.

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