Loop Capital: Nvidia still has pump potential, raising the target price to $350.

MarsBitNews

2025-11-03 13:35:20

Abstract generation in progress

According to Mars Finance, on November 3, U.S. investment bank Loop Capital raised its target price for Nvidia (NVDA.O) from $250 to $350, implying a 73% rise potential, and maintained a “buy” rating. Analyst Ananda Baruah expects Nvidia's GPU shipments to double to 2.1 million units by early 2026, coupled with a rising price trend likely to drive revenue growth. Baruah noted that Nvidia is leading a new wave of AI “gold rush,” but cautioned to follow the risks of power supply, infrastructure, and regulatory policies. He believes the company will remain strong during the Blackwell chip cycle, with a long-term target price possibly reaching $400. Nvidia's stock price has risen 51% so far this year, and it increased another 2% in pre-market trading on Monday. Currently, out of 66 analysts, 60 give a “buy” rating, with positive market sentiment continuing. (Jin10)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.