Rosenblatt Boosts Nvidia Price Target to $325

0:00Here's more Durham news for March 19th. Rosenblatt's securities just bumped up its price target on Nvidia to $325 from $300, keeping a buy rating. Analyst Kevin Cassidy made the call on March 18th after meetings with company leaders and updates to his financial model. From Nvidia's March 16th closing price of $183.22, that suggests about 77% upside. Potential. The upgrade stems from big projections for Nvidia's Blackwell and Rubin product lines with over $1 trillion in combined revenue expected. From 2025 through 2027. They also tacked on $25 billion more for the second half of fiscal, 2028, from new products like Rubin Ultra. This comes right after Nvidia's strong fourth quarter results in late February, where revenue hit $68.13 billion up. 73% year over year in beating estimates. Data center sales, now over 91% of total revenue, jumped 75% to $62.3 billion.

1:07First quarter guidance for fiscal 2027 landed at $78 billion, topping street expectations. Wall Street is getting more of B2, with ferns like Bank of America lifting their target to $300 and wolf research sticking at $275. Rosenblatt's call stands out as one of the highest above the street consensus of around $267. Looking ahead, the focus is shifting to AI inference growth, powered by Nvidia's full tech stack and upcoming Vera Rubin platform. Still, risks like competition from big tech's custom chips and power constraints linger, with next earnings due May 27th, 2026. This story is made possible by our sponsor, see the episode description. Head in, sound on, lights out. That is the routine, S-O-L-I, solely pillow dot com.