Apex Trader Funding - News
Nvidia Is 'De Facto AI Standard For The Foreseeable Future': Goldman Sachs Analyst Revises Share Price Expectations
Goldman Sachs revised its 12-month price target for Nvidia Corporation (NASDAQ:NVDA) to $1,100. That’s up from the previous $1,000, maintaining a ‘Buy’ rating.
This update follows an increase in earnings projections for 2025 through 2027. Analysts continue to praise Nvidia’s sustained demand for AI servers and an improving supply chain landscape.
Nvidia boasts significant year-to-date outperformance. The company recorded an 86% increase compared to the iShares Semiconductor ETF‘s (NYSE:SOXX) and the SPDR S&P 500 ETF Trust’s (NYSE:SPY) gains of 15% and 9%, respectively.
However, Goldman Sachs sees further room for growth.
“Our updated fiscal year 2026 non-GAAP EPS estimate of $40.78 is 35% above Street consensus, signaling ...