NVIDIA Corporation (NASDAQ:NVDA) is one of the 14 Best IT Stocks to Buy for the Long Term.
On August 18, 2025, Cantor Fitzgerald raised its price target on NVIDIA Corporation from $200 to $240, maintaining an ‘Overweight’ rating. This target revision reflects growing demand for AI compute.
Thanks to growing momentum in the Blackwell ramp-up, the investment firm expects the company’s earnings trajectory to re-accelerate, helping the analyst project strong upside into the October quarter and beyond. Meanwhile, Cantor expressed growing confidence in NVIDIA Corporation’s ability to achieve $200-$300 billion in Data Center revenues between 2025 and 2026. Accordingly, the investment firm expects earnings per share of $8 by 2026.
NVIDIA Corporation powers AI, data centers, and digital experiences globally with its advanced graphics, computing, and networking solutions. It is one of the best IT stocks.
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