02:00 PM EDT, 07/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price to $196 from $165 as we keep our 30x multiple but shift to our CY 2027 EPS estimate, a premium given its growth trajectory but well below historical averages. We keep our FY 26 (Jan.) EPS at $4.23 and FY 27's at $5.50. We start FY 28's at $6.54. We think visibility continues to improve as more complex reasoning models/AI Agents gain traction, supporting higher spending from hyperscalers and a broadening out of customers on data center infrastructure spend. Although the 232 semiconductor investigation remains a risk, we still see potential for NVDA to return to China and see upside to margin expectations in the coming months as Blackwell further ramps. We are optimistic about the content growth story for NVDA, which we see gaining traction through 2027 given its pipeline, TAM expansion, and software opportunities across the data center stack. We note that NVDA became the first company to ever reach a $4T market cap on July 9.