Mizuho Raises Nvidia (NVDA) Price Target to $225, Calls It the AI Market Leader

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks in Focus on Wall Street. On October 13, Mizuho reiterated Nvidia as Outperform and raised its price target $225 per share from $205.

Mizuho analyst Vijay Rakesh continues to view Nvidia as a leader in the artificial intelligence market, with the firm forecasting more than $300 billion in AI data center revenue by 2028.

According to Rakesh, “Neocloud budgets” are “increasingly strained by Rubin/Instinct pricing as customers sharpen focus on ROI,” which signifies competitive pricing pressures in the market.

“We also see Neocloud budgets increasingly strained by Rubin/Instinct pricing as customers sharpen focus on ROI. We continue to see AVGO, NVDA best-positioned while AMD’s OAI deal suggest upside potential. Raising AMD Estimates, PT to $275; Raising NVDA PT to $225. We continue to see NVDA the AI leader with ~$300B+ 2028 AI DC revenue.”

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.

While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.

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