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.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.
