Cantor Fitzgerald Raises PT on NVIDIA Corporation (NVDA) Amid Growing Demand for AI Compute

By Faheem Tahir | August 23, 2025, 3:22 AM

NVIDIA Corporation (NASDAQ:NVDA) is one of the 14 Best IT Stocks to Buy for the Long Term.

Cantor Fitzgerald Raises PT on NVIDIA Corporation (NVDA) Amid Growing Demand for AI Compute

On August 18, 2025, Cantor Fitzgerald raised its price target on NVIDIA Corporation (NASDAQ:NVDA) from $200 to $240, maintaining an ‘Overweight’ rating. This target revision reflects growing demand for AI compute.

Thanks to growing momentum in the Blackwell ramp-up, the investment firm expects the company’s earnings trajectory to re-accelerate, helping the analyst project strong upside into the October quarter and beyond. Meanwhile, Cantor expressed growing confidence in NVIDIA Corporation (NASDAQ:NVDA)’s ability to achieve $200-$300 billion in Data Center revenues between 2025 and 2026. Accordingly, the investment firm expects earnings per share of $8 by 2026.

NVIDIA Corporation (NASDAQ:NVDA) powers AI, data centers, and digital experiences globally with its advanced graphics, computing, and networking solutions. It is one of the best IT stocks.

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.

READ NEXT: 13 Best Oil Refinery Stocks to Buy Right Now and 13 Hot Oil Stocks to Buy Now.

Disclosure: None.

Mentioned In This Article

Latest News