Nvidia: shares rebound again after UBS analysis

(CercleFinance.com) - Nvidia shares closed up 3% on the New York Stock Exchange on Friday, benefiting from a positive analysis by UBS.
The stock rose nearly 7% over the week, after a gain of over 19% in one month (nearly 90% YTD).

UBS confirms its Buy recommendation on the stock and raises its target price for it to $1100 (from $800), which represents 20% upside potential.

Analysts have reinforced their belief that 2025 will be a very strong year with strong growth. They are hence raising their estimates and target price to $1,100, they say.

Nvidia expects Q1 2025 sales of $24bn (+ or - 2%).


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