Wall Street firm Tigress Financial Partners has raised its price on Nvidia (NASDAQ: NVDA) stock, citing the company’s strong presence in artificial intelligence part.
In this regard, the company raised its price target on NVDA shares to $425 from $360 and reiterated its ‘Strong Buy’ rating. The revised target represents an increase of about 18% from the company’s previous estimate and represents a nearly 100% upside from Nvidia’s current price of $209.
Tigress Financial Partners described Nvidia as a major contributor to the AI factory era, citing its leadership in full AI. art and the rise in demand driven by business growth and hyperscaler AI.
The company pointed to Nvidia’s financial results for the first quarter of 2027 as evidence of growing demand for the AI factory and strengthening platform leadership.
Analysts said the chipmaker continues to benefit from growing AI-related revenue, supporting financial growth, strong cash flow, and increasing shareholder value.
According to the report, Nvidia is still poised to take a large share of the multi-billion dollar AI market.
Tigress highlighted the company’s growth in data centers, edge computing, automotive technology, and robotics as additional long-term growth drivers.
The company also saw Nvidia’s ability to capitalize on its AI ecosystem while leveraging strong cash flow to support expansion projects and return cash to shareholders.
Nvidia Stock remains on Tigress Financial Partners Research’s Watch List and Focus Opportunity Portfolio, which shows continued confidence in the company’s short-term adoption of AI globally.
Wall Street is bullish on NVDA’s share price
Meanwhile, Wall Street analysts at TipRanks stay strong on the chipmaker, maintaining a ‘Strong Buy’ deal.
According to data compiled by 40 analysts, Nvidia has 38 buy, 1 and 1 sell recommendations. Analysts are now projecting Nvidia shares to reach a price target of $308 over the next 12 months, representing a 46% upside.
Nvidia analysts’ price targets range from $250 to $500, reflecting expectations that the stock will continue to rise as demand for AI chips remains strong.
The forecast also shows steady growth through May 2027, supported by Nvidia’s big role in the AI boom.
Investor sentiment was boosted by strong earnings growth, margin expansion, and rising AI-related investment from hyperscalers and enterprise customers.
