Bank of America Stands by Nvidia (NVDA) With $275 Target as AI Leadership Holds

Core View - NVIDIA Corporation (NASDAQ:NVDA) is recognized as a leading player in the AI sector, with Bank of America maintaining a "Buy" rating and a price target of $275, reflecting confidence in its strong position in the AI compute and networking markets [1][5]. Financial Analysis - The $275 price target is based on a forward valuation of 28x CY27E PE excluding cash, which falls within NVIDIA's historical PE range of 25x-56x, justified by its leading market share in rapidly growing AI sectors [2]. - Wall Street analysts have a consensus "Buy" rating for NVIDIA, with an average price target of $250 indicating a potential upside of 30.23%. The highest target of $432.78 suggests a significant upside of 125.44% [2]. Company Overview - NVIDIA specializes in AI-driven solutions, providing platforms for data centers, self-driving cars, robotics, and cloud services, highlighting its diverse applications in the technology landscape [3].