Nvidia Stock Investors Just Got Great News From Wall Street That Could Send Shares Soaring

Nvidia (NASDAQ: NVDA) has been one of the hottest stocks on the market in recent years. Shares have advanced 840% since December 2022 amid tremendous demand for the company's graphics processing units (GPUs), chips that power essentially all of the most advanced artificial intelligence systems.Nvidia is currently worth $3.3 trillion, but certain Wall Street analysts see upside arising from its Blackwell GPUs and robotics computing solutions. Here's the good news for Nvidia shareholders.Tom O'Malley at Barclays last week raised his target price on Nvidia to $175 per share, up from $160 per share. That forecast implies nearly 28% upside from its current share price of $137. He cited expectations that Nvidia's next-generation Blackwell GPUs will drive a meaningful increase in sales growth as the reason for the upward revision.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool