Rosenblatt Securities Raise NVIDIA (NVDA) Price Target, Maintains Buy Rating

On Thursday, May 29, Rosenblatt Securities analyst Hans Mosesmann raised the price target on NVIDIA Corporation (NASDAQ:NVDA) from $178 to $200 and maintained a “Buy” rating. This decision came after the corporation’s recent quarterly earnings, which Mosesmann described as a “classic ’better than feared’” result despite concerns about export restrictions on shipments of its H20 chips to China. The strong demand for Blackwell GPUs helped NVIDIA Corporation (NASDAQ:NVDA) mitigate the anticipated negative impact.

Rosenblatt Securities Raise NVIDIA Price Target, Maintains Rating

Mosesmann acknowledged that NVIDIA Corporation’s (NASDAQ:NVDA) management sees AI Factories could play an important role in transforming global infrastructure, comparing it to the introduction of electric power grids or the internet. The analyst also noted that since the GPU Technology Conference in March 2025, the corporation has seen four positive developments boosting demand: a rise in demand for Reasoning AI,

He pointed out that since the GPU Technology Conference (GTC) in March 2025, NVIDIA Corporation (NASDAQ:NVDA) has encountered four positive developments that have boosted demand. These include a substantial increase in Reasoning AI demand, the annulment of the AI Diffusion rule, advancements in Enterprise AI, and the use of AI in new on-shoring manufacturing processes.

Mosesmann also pointed to NVIDIA Corporation’s (NASDAQ:NVDA) innovation in AI, highlighting the upcoming Blackwell Ultra GPU, which is currently being qualified. This new GPU is expected to be an easy upgrade from the current Blackwell, allowing for a seamless production ramp-up.

While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has’ a 100x upside potential, check out our report about the cheapest AI stock.

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