Bernstein Lifts Nvidia Target to $400 as Morgan Stanley and Raymond James Also Raise Views
Updated
Updated · Yahoo Finance · Aug 27
Bernstein Lifts Nvidia Target to $400 as Morgan Stanley and Raymond James Also Raise Views
3 articles · Updated · Yahoo Finance · Aug 27
Summary
$400 is Bernstein’s new Nvidia price target, up from $315, after Q2 FY2027 revenue jumped 105.85% year over year to $96.221 billion.
Morgan Stanley raised its target to $300 from $288 and Raymond James to $515 from $352, extending Wall Street’s bullish stance after Data Center revenue reached $89.023 billion.
Nvidia shares still traded around $209.66 and are up 12.55% year to date, with investors focused on Q3 gross margin guidance of 74%, a Q4 trough of 71% to 72%, and $279 billion in supply commitments.
Wall Street’s average target stands at $304.73, implying about 45% upside, while the report says 95% bullish analyst sentiment could still understate Nvidia’s longer-term AI-driven growth.