Raymond James lifts NVIDIA price target to $515 from $352, Strong Buy
Raymond James analyst Simon Leopold raised the NVIDIA price target to $515 from $352 and reiterated a Strong Buy rating. The firm expects NVIDIA's FY28 outlook to show 70% growth and sees potential for $1 trillion in sales by FY29. Leopold cites architectural evolutions including NVL racks and agentic CPU Vera racks as growth drivers. Non-hyperscale revenue is expected to outgrow hyperscaler revenue.
News sentiment70 · Bullish
Market impact60/100
Event statedeveloping
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