{"id":68573,"date":"2025-10-09T20:55:11","date_gmt":"2025-10-09T20:55:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/68573\/"},"modified":"2025-10-09T20:55:11","modified_gmt":"2025-10-09T20:55:11","slug":"nvidia-stock-breaks-new-record-after-cantor-hikes-price-target-to-300","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/68573\/","title":{"rendered":"Nvidia Stock Breaks New Record After Cantor Hikes Price Target to $300"},"content":{"rendered":"\n

This article first appeared on GuruFocus<\/a>.<\/p>\n

Oct 9 – Nvidia (NASDAQ:NVDA<\/a>) climbed more than 2.5%<\/a> to a record high of $193, pushing its market capitalization to about $4.6 trillion. The chipmaker’s strong momentum reflects a 72% jump in revenue over the past year, driven by expanding demand in artificial intelligence and gaming.<\/p>\n

The stock’s valuation remains elevated, trading at a price-to-earnings ratio of about 54, suggesting investors are paying a premium for Nvidia’s growth prospects. Moreover, about 29 analysts have raised their earnings forecasts for the company’s upcoming reporting period.<\/p>\n

Analyst sentiment has strengthened <\/a>further after Cantor Fitzgerald lifted its price target to $300, citing Nvidia’s deepening role in AI infrastructure. The brokerage’s note followed discussions with Nvidia executives about the firm’s next phase of AI platform expansion.<\/p>\n

Nvidia’s ecosystem continues to widen as partners ramp up collaborations. Hoth Therapeutics (NASDAQ:HOTH<\/a>) expanded its research capabilities with a new Nvidia AI Enterprise subscription, while PubMatic (NASDAQ:PUBM<\/a>) reported a fivefold boost in ad-processing speed from Nvidia-powered systems.<\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Oct 9 – Nvidia (NASDAQ:NVDA) climbed more than 2.5% to a record…\n","protected":false},"author":2,"featured_media":68574,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,14897,54544,111,139,1042,69,145],"class_list":{"0":"post-68573","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-cantor-fitzgerald","12":"tag-market-capitalization","13":"tag-new-zealand","14":"tag-newzealand","15":"tag-nvidia","16":"tag-nz","17":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/68573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=68573"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/68573\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/68574"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=68573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=68573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=68573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}