Stock market today: S&P 500 drops for fifth day as focus shifts to Powell’s speech
On Saturday, Stifel analysts reaffirmed their confidence in NVIDIA Corporation (NASDAQ:NVDA), maintaining a Buy rating and a price target of $180. The reaffirmation comes ahead of NVIDIA’s expected first quarter 2025 earnings report, which is scheduled for release on Wednesday, May 28, 2025. According to InvestingPro data, analyst targets for NVIDIA range from $100 to $220, with the stock currently trading at $131.29. The company maintains a perfect Piotroski Score of 9, indicating exceptional financial strength.
Stifel’s commentary highlighted anticipation of results and outlooks that align with predictions, despite adverse effects on revenue from recently disclosed H20 restrictions. Analysts at Stifel have gathered insights from supply chain discussions, which suggest a significant acceleration in the second half of the year. This is attributed to NVIDIA’s expansion in the UAE and Saudi Arabia, bolstered by changes in U.S. policy. The company’s strong financial position is evident in its impressive 114.2% revenue growth over the last twelve months, with current revenue reaching $130.5 billion.
The near-term focus for investors, according to Stifel, will likely involve debates on several key issues. These debates include the demand from hyperscalers and the sustainability of their infrastructure investments, the potential additional impacts of China export restrictions, and the possibility of margin pressures due to the early ramps of the GB200/300 series.
Stifel’s analysts expect NVIDIA to maintain its leading role in shaping the global AI infrastructure. They underscored their position by stating that NVIDIA’s stock is attractively valued, considering the company’s influence and positioning within the industry.
In other recent news, Navitas Semiconductor has announced a collaboration with NVIDIA to develop an 800V high-voltage direct current (HVDC) architecture for AI data centers. This partnership utilizes Navitas’ GaNFast and GeneSiC power semiconductor technologies to enhance NVIDIA’s Kyber rack-scale systems and GPUs. The new architecture aims to improve power efficiency by up to 5% and significantly reduce maintenance and cooling costs. Meanwhile, DA Davidson reaffirmed its Buy rating on Amazon (NASDAQ:AMZN), maintaining a price target of $230. The endorsement followed the unveiling of Anthropic’s Claude 4 model, which was trained using Amazon’s Trainium chips, highlighting the potential of Amazon Web Services for AI applications.
Elsewhere, Kraken has announced plans to launch tokenized equities for non-US customers, allowing them to trade popular US stocks like Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) as digital tokens. This initiative aims to provide international investors with the ability to trade US stocks 24/7. Additionally, Susquehanna maintained a Positive rating on NVIDIA, with a price target of $180, despite noting a $1 billion revenue impact due to China’s H20 restrictions. The analyst also adjusted NVIDIA’s FY26 revenue forecast, citing strong AI demand and anticipated growth in their gaming sector. These developments reflect ongoing advancements and strategic moves across the tech and financial sectors.
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