DBS Bank Raises PT on NVIDIA (NVDA) Stock
NVIDIA Corporation (NASDAQ:NVDA) is one of the Most Promising AI Stocks to Invest In. On April 27, DBS Bank analyst Fang Boon Foo lifted the price objective on the company’s stock from $220 to $250 and maintained a “Buy” rating. As per the analyst, the demand for NVIDIA Corporation (NASDAQ:NVDA)’s Hopper and Blackwell AI chips is expected to be stronger compared to the supply through FY 2026. This means that the customers want more chips than the company can presently produce.
Furthermore, Bernstein analyst David Dai maintained a “Buy” rating on NVIDIA Corporation (NASDAQ:NVDA)’s stock with a price objective of $300. The analyst cited the company’s upcoming Vera Rubin platform, which is anticipated in H2 2026, as a performance upgrade. Furthermore, the company’s stock remains attractively valued as compared to the robust earnings growth.
In Q4 2026, the company saw data center revenue of $62.3 billion, reflecting a rise of 22% compared to the previous quarter and up 75% YoY, thanks to the major platform shifts, i.e., accelerated computing and AI.
NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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