Wells Fargo Hikes NVIDIA Price Target to $315 Ahead of Earnings: Is the AI King Still Cheap at 20x P/E?

Wells Fargo Hikes NVIDIA Price Target to $315 Ahead of Earnings: Is the AI King Still Cheap at 20x P/E?

The post Wells Fargo Hikes NVIDIA Price Target to $315 Ahead of Earnings: Is the AI King Still Cheap at 20x P/E? appeared first on 24/7 Wall St.. Quick Read Wells Fargo raised NVIDIA’s (NVDA) price target to $315 from $265 with an Overweight rating, arguing the stock trades at under 20x 2027 earnings despite peak-margin concerns. Wells Fargo’s gigawatt-capacity-driven model frames NVIDIA’s 2027 earnings as sustainable rather than peak-cycle, …

AI will drive Nvidia higher by more than 40% from here, says Wells Fargo

The bank, which has an overweight rating on the chipmaker, raised its price target on the stock.

Wells Fargo revamps Nvidia stock price target ahead of earnings

Aaron Rakers has covered Nvidia for years. He ranks in the top 1% of Wall Street analysts by performance. And when he builds a new model from scratch to justify a price target, the reasoning behind it is worth understanding.…