Cantor Fitzgerald Raises NVIDIA Price Target to $300

Cantor Fitzgerald analyst C.J.

Muse raised the price target on NVIDIA (NASDAQ: NVDA) to $300 (from $240) while maintaining an Overweight rating.

“At a high level, a lot has changed from a year ago, with things moving at exponential speed. As one would expect, Jensen was quite bullish and with great reason, in our view.

We are still in the early innings of a multi-trillion AI Infrastructure build-out with just the Hyperscalers providing significant line-of-sight into hundreds of billions of demand for the next handful of years, never mind other drivers such as Neo-Clouds, Enterprise, and Physical AI.

Thus, this is not a bubble, and we are still in the early innings of this investment cycle.”

“We continue to see $8 in EPS as very doable into CY26 (cons $6.26), followed by $11 in CY27 (cons $7.36).

Considering a backdrop of out-year consensus potentially still 50% too low, NVDA remains our Top Pick and continues to offer the most upside.

On this front, we are raising our price target to $300 (27x expected $11 in CY26) from $240 (30x expected $8 in CY26) – suggesting near-term upside of 60+%, with eventual upside more meaningfully as the company continues to propel itself to stretch goal of $50 in EPS into CY30 (and $3-4T AI Infrastructure world).

In the words of the Boss… Baby, NVDA was (and continues to be) Born to Run…”

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