Following NVIDIA's financial report, several investment banks have raised their price targets.

BlockBeats News, May 21st, following Nvidia's Q1 earnings report this morning, several investment banks have raised their price targets. Among them:

Baird raised its target from $300 to $500, Bank of America from $320 to $350, Benchmark from $250 to $335, Jefferies from $275 to $300, JPMorgan from $265 to $280.

The current price of NVDA is around $223. This target price increase reflects analysts' strong confidence in AI chip demand, the Blackwell platform, and data center growth, with the average target price implying a further upside of around 30%.