Mizuho Raises Nvidia (NVDA) Price Target to $225, Calls It the AI Market Leader

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks in Focus on Wall Street. On October 13, Mizuho reiterated Nvidia as Outperform and raised its price target $225 per share from $205.

Mizuho analyst Vijay Rakesh continues to view Nvidia as a leader in the artificial intelligence market, with the firm forecasting more than $300 billion in AI data center revenue by 2028.

According to Rakesh, “Neocloud budgets” are “increasingly strained by Rubin/Instinct pricing as customers sharpen focus on ROI,” which signifies competitive pricing pressures in the market.

“We also see Neocloud budgets increasingly strained by Rubin/Instinct pricing as customers sharpen focus on ROI. We continue to see AVGO, NVDA best-positioned while AMD’s OAI deal suggest upside potential. Raising AMD Estimates, PT to $275; Raising NVDA PT to $225. We continue to see NVDA the AI leader with ~$300B+ 2028 AI DC revenue.”

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.

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