JPMorgan Raises Nvidia Stock Price Target Following Strong Earnings Report
Following its strong Q1 FY2027 earnings report, JPMorgan analyst Harlan Sur raised his price target for Nvidia (NVDA) to $280 from $265 while maintaining an Overweight rating. The adjustment reflects management's guidance of continued sequential revenue growth and hyperscaler data center capital expenditure exceeding 70%, signaling sustained demand in the AI infrastructure market.
Topics: Earnings JPMorgan Nvidia Price Targets