5 big analyst AI moves: Nvidia hiked to $1,100 at UBS; SNOW, MDB get a downgrade
Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.
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On Thursday, UBS analysts increased their price target for Nvidia to $1,100 from the previous $800, emphasizing that the tech giant is “the only chip company that can create its own market.”
After the unveiling of Blackwell and participation in several GTC sessions, UBS believes that Nvidia (NASDAQ:NVDA) is on the verge of tapping into a fresh surge of demand from both global enterprises and sovereign states.
Looking forward, the investment bank predicts a significant growth year for Nvidia in calendar 2025, with the company's revenues expected to approach $150 billion, representing an estimated 30% increase.
This projection has led to an upward revision of both revenue forecasts and the price target for Nvidia.
With the launch of Blackwell and NIM — a new software platform developed to streamline the deployment of custom and pre-trained AI models into production environments – UBS analysts anticipate a boost in Nvidia's AI solution offerings, stating this “should also accelerate the distribution flywheel for NVDA's AI solutions to ride alongside enterprise software.”
“The entire framework creates a central distribution structure similar to an app store and given the vast array of companies to potentially license NVDA's AI Enterprise software ($4500/GPU/yr), monetization can add up quickly.”
In the wake of its blockbuster report, a Rosenblatt analyst significantly hiked the price target on Micron (NASDAQ:MU) from $140 to $225, suggesting more than 100% upside potential from current levels.
“HBM3e alone will drive
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