Key Points
Wall Street analysts have set ambitious price targets for leading AI stocks, particularly Nvidia and Micron Technology. Nvidia’s price target has been raised to $323 by Raymond James analyst Simon Leopold, suggesting over 80% upside, while Micron’s target is now $675, indicating more than 50% upside according to Barclays analyst Tom O’Malley.
Nvidia is expected to generate $1.3 trillion in data center revenue by fiscal 2027, bolstered by recent acquisitions, including Groq LPX and SchedMD, which enhance its AI capabilities. Similarly, Micron is poised to benefit from supply constraints and increasing demand for memory as it signs long-term agreements aimed at stabilizing its business, further supporting its growth in the AI sector.
