Business

UBS Increases Nvidia Price Target to $1100 Citing Strong Growth in 2025

Published March 22, 2024

Investment firm UBS has reiterated its confidence in Nvidia, a leading technology company known for its graphics processing units (GPUs). UBS maintains a 'Buy' recommendation for Nvidia shares and has elevated its price target from the previous $800 to a new level of $1,100, indicating an expected upswing of 20%.

Anticipating Significant Growth

The optimistic revision stems from UBS's enhanced conviction that the year 2025 will witness substantial growth for Nvidia. UBS analysts have reviewed and upwardly adjusted their financial forecasts for the company, setting their sights on a more ambitious price target of $1,100.

Nvidia's Financial Outlook

Nvidia, which has a history of innovation and market leadership in the field of computer graphics, is projecting sales of approximately $24 billion for the first quarter of its 2025 fiscal year, allowing for a 2% fluctuation. These figures reflect the company's positive trajectory in the tech sector as it continues to advance in its field.

Investors and interested parties should note that while this information is shared as guidance for investment decisions, it is recommended that individuals without expertise in the investment field seek advice from professional advisors. The imparted details should not be misconstrued as a direct solicitation or offer for buying or selling.

Nvidia, UBS, Investment