What Wall Street Analysts Are Saying About Nvidia’s GTC | Global News Avenue

nvidia(NVDA) CEO Jensen Huang is highly anticipated GTC Keynote While analysts remain bullish on the potential for AI-driven growth, it failed to make a significant boost to the company’s stock.

Intraday trading on Wednesday, the stock rose 2% to $118.06, and so far the stock has fallen by about 12%. Analysts have shown that the event may be Growth of strong catalysts.

Benchmark analysts fixed the quiet market response while “the company reaffirmed its previously posted roadmap” while targeting the stock price at $190.

“While Jensen’s keynote may not be the savior of the stock price decline many hope, we question what else the company can say,” the analyst added.

During the event, NVIDIA Say its Blackwell Ultra chip It will be launched later this year, followed by the next-generation Vera Rubin platform in 2026, and the 2027 Rubin Ultra. The announcements are largely consistent with analyst expectations, although Morgan Stanley said NVIDIA has “a strong case” of the ability to provide product leadership in at least 2027 at least.

Chipmakers also highlighted the firm commitment of their major cloud customers AI technology Morgan Stanley said Scales maintains a “overweight” rating and a target of $162.

Jefferies and Citi analysts responded to the comments, reiterating the $185 and $163 goals, respectively, which shows that NVIDIA is rapidly innovating AI relative to its peers.