Citigroup, the worldwide banking large value $210 billion, not too long ago upgraded the Nvidia inventory (NASDAQ: NVDA) value goal. Citi wrote in a observe to purchasers so as to add positions in NVDA earlier than the second half of 2026. The evaluation explains that the inventory may outperform expectations over the last half of the 12 months.
Citi analyst Atif Malik, alongside along with his group, wrote that they anticipate the corporate’s January-quarter income to achieve $67 billion. That is above the market expectations of $65.6 billion, which may result in a surge in worth for Nvidia inventory. The observe additionally learn that the April-quarter gross sales may additionally beat expectations and attain $73 billion, above the expectations of $71.6 billion.
Citigroup’s New Nvidia Inventory Worth Goal
Citigroup positioned a brand new value goal of $270 for Nvidia inventory, noting that the AI infrastructure and income visibility will prolong and start to enhance in 2027. Malik added that “most traders are trying previous the earnings,” and are noticing the corporate’s developments within the AI sphere.
Regardless of issues of overspending on AI, Citigroup analysts wrote that Nvidia “will ship long-term returns,” making it the inventory to be careful for. Nvidia will “proceed to be the chief throughout each coaching and reasoning-focused inference workloads,” wrote Malik.
With a purchase score for Nvidia with a $270 value goal, Citigroup wrote that NVDA “seems enticing with the inventory prone to outperform in 2H26 as demand visibility extends into 2027.” An funding beneath the $200 vary will seemingly generate higher returns for merchants.
If Citogroup’s value goal turns correct, it implies a 50% upside for the fairness. Due to this fact, an funding of $1,000 may flip into roughly $1,500 if the forecast seems to be true. Demand for NVDA has been on an uptick since 2020 and is among the many most sought-after property available in the market.
