Bank of America Upholds Nvidia $275 Target on 28x CY27E PE
Bank of America reiterated a buy rating on Nvidia with a $275 price target based on a 28x CY27E ex-cash PE, underscoring Nvidia’s leadership in AI compute and networking markets. Analysts’ average price target of $250 implies a 30.2% upside, while the Street-high $432.78 target signals a 125.4% rally.
1. Bank of America Reiterates Buy Rating
On February 9, Bank of America maintained its Buy rating on Nvidia with a $275 price target, using a 28x CY27E ex-cash price-to-earnings multiple to reflect Nvidia’s dominant share in AI compute and networking while recognizing potential cyclicality in gaming and project execution.
2. Analyst Consensus Highlights Upside Range
Wall Street analysts hold a consensus Buy rating, with an average price target of $250 implying 30.23% upside and the highest target at $432.78 implying 125.44% upside, illustrating divergent views on Nvidia’s valuation potential.