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Goldman Sachs and JPMorgan Raise Nvidia Price Target to $250 After Strong Quarter

Goldman Sachs and JPMorgan Raise Nvidia Price Target to $250 After Strong Quarter

Author:

Global Cryptocurrency

Published:

2025-11-20 12:52:02

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BTCCSquare news:

Nvidia Corporation (NVDA) delivered another record-breaking quarter, prompting Goldman Sachs and JPMorgan to raise their price targets to $250. The chipmaker's adjusted profit of $1.30 per share surpassed estimates of $1.26, while revenue hit $57 billion, exceeding the $54.9 billion consensus. Demand for AI infrastructure remains robust, with the data center unit leading growth.

Goldman Sachs analyst James Schneider maintained a Buy rating, citing sustained appetite for AI hardware. JPMorgan's Harlan Sur echoed the sentiment, highlighting broad adoption of Nvidia chips across cloud providers and AI model developers. Pre-market trading saw NVDA shares climb 5% as the results alleviated concerns about slowing AI momentum.

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