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Oppenheimer Analyst Raises Nvidia Price Target to $265 Ahead of Q3 Earnings

Oppenheimer Analyst Raises Nvidia Price Target to $265 Ahead of Q3 Earnings

Author:

Global Cryptocurrency

Published:

2025-11-13 13:02:02

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BTCCSquare news:

Nvidia's AI chip dominance continues to drive bullish sentiment on Wall Street. Oppenheimer's Rick Schafer, a top-ranked analyst with a 74% success rate, increased his NVDA price target by 18% to $265, citing insatiable demand for the company's GB300 Ultra chips and NVL72 systems.

Cloud providers' accelerating AI infrastructure spending positions Nvidia to surpass Q3 and Q4 expectations. The company's upcoming earnings report on November 19 is projected to show 57% revenue growth to $54.74 billion, with CEO Jensen Huang suggesting $500 billion future revenue potential.

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