Jefferies sets Nvidia stock price target at $275

Core Viewpoint - Jefferies analyst Blayne Curtis raised Nvidia's price target from $250 to $275, maintaining a 'Buy' rating, reflecting confidence in the company's growth trajectory and roadmap unveiled at CES [1][3] Group 1: Price Target and Analyst Ratings - The new price target of $275 indicates long-term confidence in Nvidia's growth, with the model extending to 2028 [1] - Multiple firms, including RBC Capital, Barclays, JP Morgan, Wells Fargo, and KeyBanc, reiterated their 'Buy' ratings this week, while Mizuho Securities increased its target from $245 to $275 [4] - TipRanks reports 39 'Buy' ratings for Nvidia, with an average price target of $263.44, suggesting nearly 40% upside potential [5] Group 2: Financial Performance and Market Position - Nvidia's revenue surged 65.2% over the last twelve months to $187.1 billion, with expectations for continued growth [2] - The overall sentiment remains positive, as Nvidia is viewed as central to the AI sector, with demand for its GPUs showing resilience despite competition and geopolitical challenges [7]