Nvidia's stock price hits a new high in four months; analysts optimistic about the outlook
智通财经2026/10/05 22:16As Nvidia (NVDA.US) shares hit a new high for the first time in four months, analysts remain optimistic about its future. The company's stock closed at $237.58 on Monday, setting a new peak, and the company's market value is around 5.76 trillions USD. Wedbush analyst Matt Bryson noted that as Nvidia gets closer to meeting its future financial expectations, "it's increasingly difficult for the market to ignore the disconnect" between its growth prospects and its valuation. He pointed out that the company is expected to grow at a 70% rate, but the stock is trading at less than 20 times next year's expected earnings per share, making it appear relatively inexpensive. Despite facing competition from peers and even its own customers, Nvidia remains the "cornerstone of AI infrastructure," BNP Paribas analyst Karl Ackerman wrote in a report last week. He raised the stock’s price target to $345 per share, which implies a 45% upside compared to Monday's closing price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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The Dow Jones closed up 0.18%, the Nasdaq rose 1.05%, and the S&P 500 gained 0.66%. Among the stocks with the highest trading volumes, Nvidia rose 2.12%, SpaceX surged 7.63%, Micron Technology fell 1.02%, and Tesla increased 2.2%.
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