Nvidia Stock Gets a New Street-High Price Target
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Nvidia Corporation upgraded to Strong Buy as AI-driven data center demand fuels 35% upside. Click for my NVDA earnings update.
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Ahead Of Nvidia’s Q3 Earnings, I/O Fund’s Beth Kindig Doubles NVDA Market Capitalization Target To $20 Trillion By 2030
I/O Fund’s Beth Kindig on Wednesday doubled her market capitalization target for Nvidia Corp. (NVDA) to $20 trillion by 2030, ahead of the AI bellwether’s third-quarter (Q3) earnings set to be announced later in the day.
Just when many investors thought that the AI trade as we knew it would go up in a poof of smoke, Jensen Huang’s GPU empire, Nvidia (NASDAQ:NVDA), posted a quarterly earnings result that was a lot better than expected.
See how Nvidia Corporation's rapid GPU advancements and strong data center growth could drive its market cap to $20T by 2030. Click for my NVDA Q3 earnings update.
As Innodata scales up its business, its operating costs should decline and its pricing power should improve. That's why its adjusted EBITDA is expected to rise 53% to $53 million in 2025, and increase 26% to $67 million in 2026.