Analysts Remain Bullish on Nvidia (NVDA) as AI Growth Outlook Holds

Nvidia Corp. (NASDAQ:NVDA) is one of the best high-beta stocks to buy now. On September 4, Mizuho Securities analyst Vijay Rakesh and Phillip Securities analyst Yik Ban Chong reaffirmed a Buy rating and raised their target prices, citing continued momentum across the business.

These views follow Bernstein analyst Stacy Rasgon’s move on August 28 to raise his price target to $225 from $185, while maintaining an Outperform rating, after the company’s latest quarterly results.

Reading into the earnings results, Rasgon had acknowledged some investor concerns, including sequential declines in computing revenues and an in-line data center guidance. However, he emphasized that these reflected ongoing uncertainty in China rather than structural weakness. Importantly, guidance pointed to a sharp acceleration in the Blackwell ramp heading into the next quarter, supporting his view that Nvidia Corp.’s (NASDAQ:NVDA) core fundamentals remain intact and robust.

Together, this set of analyst updates underscores broad confidence in Nvidia’s growth trajectory. While near-term noise remains tied to China dynamics, Nvidia’s leadership in AI computing and strong product cycle visibility continue to anchor the bullish case.

The successive upward revisions in price targets reflect conviction that demand drivers remain in place, reinforcing Nvidia Corp.’s (NASDAQ:NVDA) position as one of the most compelling large-cap growth stories in the semiconductor sector.

Nvidia Corp. (NASDAQ:NVDA) designs and manufactures graphics processing units (GPUs), system-on-a-chip units (SoCs), and AI hardware and software.

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Disclosure: None. This article is originally published at Insider Monkey.