Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
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Raymond James Raises $NVDA PT to $515 from $352 - Strong Buy
NVIDIA’s FY28 outlook calls for 70% growth, which we expect investors to applaud. Believes $1T in sales by FY29 seems possible.
Architectural evolutions, including NVL racks at 1:1 and agentic CPU Vera racks, should help accelerate growth. Also expects non-hyperscale revenue to outgrow hyperscaler revenue.
Analyst: Simon Leopold
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