화요일 Mar 12 2024 15:28
4 분
Despite a significant recent drop in Nvidia stock, with NVDA marking its most substantial decline in nine months on Friday, Cantor Fitzgerald analyst C.J. Muse remains optimistic.
Over the weekend, Muse raised his price target for Nvidia stock from $900 to $1,200, ahead of the company's annual GTC conference. He believes the event will highlight Nvidia's growth opportunities — including its less visible business segments.
Muse's updated target is one of the highest on FactSet, suggesting a 37% potential increase from the current stock price. He points out that Nvidia's software division has reached a $1 billion annual run rate, a modest figure compared to the company's $60 billion revenue last fiscal year, with expectations to surpass $100 billion this year.
오늘 거래를 개설한 경우 발생할 수 있는 손익(총 비용 및 수수료)을 계산하세요.
시장
상품
계좌 유형
포지션
수량
금액은 다음보다 크거나 같아야 합니다. 기준 금액:
금액은 다음보다 작아야 합니다. 기준 금액:
금액은 최소 랏 증가분의 배수여야 합니다.
USD
EUR
GBP
CAD
AUD
CHF
ZAR
MXN
JPY
가격
수수료
스프레드
레버리지
환전 수수료
유지증거금
오버나이트 스왑
과거의 성과가 미래의 결과를 보장하는 것은 아닙니다.
계좌 통화와 일치하지 않는 통화로 표시된 상품의 포지션을 청산할 경우, 환전 수수료가 부과됩니다.
Muse also said that Nvidia's software business "is only in the [first] inning”, with significant focus expected at the GTC conference on its expansion, particularly in making AI more accessible through its AI Enterprise solution.
He also anticipates a spotlight on inference applications in AI, noting the surprising demand for Nvidia's data-center GPUs for inference tasks.
He mentioned that a revelation from Nvidia took many on Wall Street by surprise: over the past year, at least 40% of the demand for data-center GPUs stemmed from inference. However, looking back, this could make sense given Meta Platforms’ and Microsoft’s pushes there.
Inference in AI refers to systems making predictions on data that is new to them. Muse added:
“We continue to expect NVIDIA to surprise to the upside with its share of the inference market”.
The GTC event is likely to see the unveiling of Nvidia's latest data-center chip, the B100, anticipated to double the performance of its predecessor, the H200. Muse is keen to see how Nvidia's existing customers will transition from their current A100 and H100 setups to the new B100 chip.
He expresses enthusiasm for Nvidia's revenue and earnings prospects, suggesting the GTC could reveal a solid product roadmap through 2024, support for growth into 2025 with new products like the B100, and the potential to capitalize on the burgeoning generative AI market.
Muse speculates that 10% to 15% of servers could be equipped with Nvidia's technology by 2025, potentially justifying a fair value between $1,200 and $1,400 “once investors gain conviction 2025 is not a peak year”.
Nvidia stock was last up 2.2% on March 12, trading around the $875.76 mark. The shares have gained 77% year-to-date, and more than doubled their value over the past 12 months. Nvidia’s stock has gained an eye-watering 260% since mid-March 2023.
The company’s gains have eclipsed that of the benchmark S&P 500 index, which has risen by 8% year to date and over 31% over the past year.
When considering shares and indices for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.
Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.
When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.
Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.
자산 목록
전체 목록 보기최신
모두 보기목요일, 20 2월 2025
3 분
목요일, 20 2월 2025
5 분
목요일, 20 2월 2025
2 분