Nvidia (Nasdaq: NVDA) The stock may be up about 170% in 2024, but shares of the leading artificial intelligence (AI) semiconductor maker haven’t gained much in the last three months.
But one Wall Street analyst thinks investors should take advantage of the calm. OppenheimerRick Schaeffer has just made the company one of his top picks for 2025 Semiconductor sector. His company’s price target of $175 per share would represent a 27% upside from recent levels.
This price would put Nvidia in elite territory, with Market value About $4.25 trillion. But that would make sense, according to Schafer. That’s because he believes revenue from just Nvidia’s data center segment will reach $172 billion in 2025. That would be an increase of about 50% compared to the 2024 calendar year.
In his recent note to investors he shared Baron“Nvidia is the largest volume producer of AI accelerators and the cost/bit leader in AI training. NVDA dominates the AI infrastructure market with its full hardware/software,” Schiffer wrote.
It is worth noting that Schiffer also mentioned software. Most investors take into account Nvidia’s dominance with its Hopper and Blackwell GPU (graphics processing unit) chips. But it also contains a custom software architecture for AI computer factories.
Software solutions such as those included in the DGX AI platform for enterprises and the CUDA platform for developers are used in conjunction with its GPU accelerators. Sales of these products will also be boosted as technology companies and other companies increase capital expenditures for data centers and the AI architecture embedded within them.
While competition is coming, demand for Blackwell’s latest architecture appears to be very strong. And with the next generation Robin coming in 2026, it looks like there’s a long way to go for growth. The recent lull in Nvidia stock appears to be a good opportunity to buy shares before they rise further.
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