logo
Nvidia Stock Sees Bullish Momentum as Analysts Raise Price Targets

Nvidia Stock Sees Bullish Momentum as Analysts Raise Price Targets

Globe and Mail19 hours ago
Nvidia Corp (NVDA)
Nvidia (NVDA) continues to attract strong support from analysts, with several firms raising their price targets and reiterating bullish ratings which comes on the heels of Nvidia has announcing it will resume sales of its H20 AI chips to China after receiving U.S. government approval, marking a reversal of previous export restrictions that had cost the company billions in lost sales. The move is tied to broader U.S.-China negotiations, particularly around rare-earth trade, and aims to strike a balance between economic interests and national security concerns. The H20 chips are specifically designed to comply with U.S. export controls, limiting their military applications. While some U.S. lawmakers have criticized the decision, the White House supports it as a way to cap Huawei's technological advancement without giving China access to Nvidia's most powerful AI chips. The news sparked a 4–5% jump in Nvidia's stock on Tuesday, while CEO Jensen Huang praised Chinese AI development during a recent visit to Beijing, emphasizing that American chips should power global AI innovation.
Analyst Coverage Updates
On July 16, 2025, Jefferies Financial Group raised its price target on Nvidia from $185 to $200,.
Bank of America also expressed strong confidence in Nvidia, lifting its target from $180 to $220, also on the 16th.
Again on July 16th, Needham & Company LLC maintained its Buy rating while raising its 12-month price target from $160 to $200.
On July 15, 2025, Mizuho reiterated its Outperform rating and increased its target from $185 to $192.
Also on July 15, Oppenheimer reaffirmed its Outperform rating and lifted its price target from $175 to $200.
Together, these analyst actions underscore a clear theme: Nvidia remains a top-tier pick in the tech space, driven by strong fundamentals, leadership in next-gen computing, and continued demand across multiple industries. The series of raised targets suggests analysts expect Nvidia's earnings and revenue to keep pace with its ambitious innovation roadmap.
Analysts have a consensus 'Firm Buy' rating on Nvidia's stock, with the most recent average 12-month price target set at $204 per share, reflecting continued confidence in the company's growth prospects.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Canada and New Zealand reach resolution in dairy trade dispute, Ottawa says
Canada and New Zealand reach resolution in dairy trade dispute, Ottawa says

Globe and Mail

timean hour ago

  • Globe and Mail

Canada and New Zealand reach resolution in dairy trade dispute, Ottawa says

Canada and New Zealand have reached a 'mutually satisfactory' resolution to a long-running dispute over access for dairy products, the federal government said in a statement on Thursday. 'This agreement, negotiated in close consultation with Canadian dairy stakeholders, will result in certain minor policy changes to Canada's TRQ (tariff rate quotas) administration, and does not amend Canada's market access commitments,' International Trade Minister Maninder Sidhu and Agriculture Minister Heath MacDonald said in a statement. New Zealand Trade Minister Todd McClay added in a separate statement that the government was pleased the dispute has now been settled, and New Zealand exporters are guaranteed better access to the Canadian market. 'Today's agreement reinforces support for the rules-based trading system,' McClay said. The dairy industry's outsized political influence, explained in charts New Zealand launched a claim against Canada in May, 2022, arguing that Ottawa's implementation of dairy tariff rate quotas under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement were against the its rules. Under the new agreement, Canada has committed to make commercially meaningful changes to the way it administers its dairy quotas under CPTPP, according to the New Zealand government. The Canadian government added that this means there are technical policy changes but these are limited to quotas administered under the terms of the CPTPP. Canada's supply management system, which since the 1970s has tightly controlled supplies of dairy, eggs and poultry by restricting production and limiting imports through onerous tariffs, has become a sticking pointing in its ongoing trade negotiations with the U.S. U.S. President Donald Trump has repeatedly criticized what he calls tremendously high Canadian tariffs on dairy products.

The Future-Proof Her Business Summit Offers Tech-Savvy Strategies for Women Entrepreneurs ​​
The Future-Proof Her Business Summit Offers Tech-Savvy Strategies for Women Entrepreneurs ​​

Globe and Mail

timean hour ago

  • Globe and Mail

The Future-Proof Her Business Summit Offers Tech-Savvy Strategies for Women Entrepreneurs ​​

"GeekPack® Founder and CEO, Julia Taylor, along with some of the expert speakers featured at The Future-Proof Her Business Summit" Top Experts Share Real Strategies for Business Growth without the Overwhelm Colorado - July 17, 2025 - Founder & CEO of GeekPack®, Julia Taylor, is pleased to announce The Future-Proof Her Business Summit, July 21-23, a free three-day virtual event designed to help women entrepreneurs navigate AI overwhelm, uncertainty, and create a roadmap for smart business growth. Participants will learn from experts in mindset, AI, and business growth in a series of short yet informative sessions. The Future-Proof Her Business Summit is designed to help women business owners adapt, grow, and stay relevant during these fast-changing times. Whether you're a solopreneur or heading a small team, these sessions will give you strategies to help navigate change with confidence. The Future-Proof Her Business Summit features an array of engaging guest speakers, including: Julie Chenell (Marketing & Business) Helen Henley (Mindset) Brittany Long (Impact-Driven AI) LaToya Russell (Automations) Christine LaVopa (Health & Fitness) experts from Relay (Cash Flow) real business owners and host Julia Taylor, the CEO and Founder of GeekPack What makes this summit so unique? Intentional Schedule & Structured Flow - Thoughtfully paced sessions ensure participants feel engaged but never overloaded High-Value Expert Sessions & Interactive Chats - No fluff sessions from experts focusing on actionable insights and strategies that can be implemented right away Built-In Reflection & Networking Time - Connecting with fellow business owners to build meaningful connections, personalized support, and daily prompts to anchor in the trainings Actionable, Manageable Steps - Walk away each day feeling more confident, armed with practical next-steps that can be easily integrated into your business By the end of the Summit, participants will have a clear roadmap of how to grow their business with ease; a fresh perspective on how to integrate AI tools into their operations to save time and money; a sense of empowerment that anything is possible; and a community that is there to support, and uplift women who are making the world a better place through business. 'I created these events after seeing so many entrepreneurs spinning their wheels, feeling overwhelmed, and unsure how to navigate rapid AI changes,' states Julia Taylor, Founder & CEO of GeekPack. 'This summit is about giving women a renewed sense of confidence, clarity, and a tangible plan to grow their businesses without burning out.' 'Starting a small business takes grit and ambition, but keeping it going means always having your eye on the money,' says Yoseph West, Co-Founder & CEO of Relay. 'At Relay, every move we make is about enabling anyone to build a long-lasting and profitable business. Partnering with GeekPack is an obvious match. They support a vibrant community of dedicated entrepreneurs focused on building their long-term futures. Together, we're not just simplifying financial management, we're sparking sustainable growth for business owners everywhere." The Future-Proof Her Business Summit is a free, virtual summit running July 21-23, 2025. Each day features sessions with subject matter experts and daily action steps to create business momentum. Participants will walk away with practical strategies, cutting-edge tools, and a clear road map of what to do next for their business. Proudly sponsored by Relay, Verizon Small Business Digital Ready, and our Community Network Partners. Free registration is available at: About GeekPack Since 2018, GeekPack has been transforming the lives of women by equipping them with the skills, strategies, and support to confidently build businesses that thrive in a digital world. With a flourishing community reaching over 162,000 aspiring and growing entrepreneurs, GeekPack's engaging events and programs provide valuable expertise for building successful, future-ready businesses. Founder Julia Taylor's impact has been recognized by the Tory Burch Foundation and the Cartier Women's Initiative, where she was honored as a 2024 Fellow. Learn more at About Relay Relay is an online banking platform that puts business owners in complete control of their cash flow. By helping them clearly understand what they're earning, spending, and saving, Relay empowers entrepreneurs to make smarter decisions about their business and reach peak profitability. Disclaimer: Relay is a financial technology company, not a bank. Banking services are provided by Thread Bank; Member FDIC.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store