08:35 AM EDT, 08/28/2025 (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 lift our target price by $4 to $210, on P/E of 29x our CY 27 EPS view, above peers but below historical. After posting Jul-Q results/Oct-Q guide slightly above our view, we adjust our FY 26 (Jan.) EPS estimate to $4.48 from $4.38, FY 27 to $6.25 from $6.03, and FY 28 to $7.25 from $7.09. We come away optimistic about NVDA's growing addressable market and the sustainability of spending plans from hyperscalers, with levels moderating after the Big 4 virtually doubled capex spend the last two years (assumes 15%-20% annualized growth). Although we currently assume no revenue from China on the data center side for the Oct-Q, as it looks for geopolitical issues to subside, NVDA cited strong interest and the potential to ship $2B-$5B in H20. We think if the U.S. government approves a Blackwell entry into China, it will unlock significantly higher revenue potential, and note NVDA has estimated the China market to potentially reach $75B in CY 26 (we think NVDA can conservatively capture at least half of the market).