Shares of Nvidia Corporation (NASDAQ: NVDA) gained more than 3% in pre-market trading, rising to $189.22, after Mizuho Securities raised its price target on the chipmaker to $225 from $205, while maintaining an ‘Outperform’ rating.
The brokerage cited sustained strength in AI-driven demand and ongoing momentum across data center and high-performance computing segments as key reasons behind the upgrade. Mizuho analysts noted that Nvidia’s leadership position in AI GPUs and accelerated computing continues to drive upside potential, supported by rising enterprise adoption of generative AI workloads.
The firm also emphasized Nvidia’s expanding opportunities in edge AI, autonomous systems, and networking, projecting steady revenue growth over the coming quarters.
Nvidia remains one of the most closely watched AI stocks, with Wall Street maintaining largely bullish expectations amid sector-wide optimism surrounding chip demand, data center expansion, and AI model training investments.
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