From Yahoo Finance: 2025-05-29 22:43:00

Morgan Stanley raises NVIDIA Corporation (NVDA)’s stock price target to $170 from $160, maintaining an Overweight rating. Analysts express optimism about the company’s outlook, citing mitigated risks in shipments to China and strong demand for new technologies. The revision follows better-than-anticipated Q1 FY26 results with a 73% year-over-year revenue growth driven by the data center business.

NVIDIA Corporation (NVDA) shares surge 5% in extended trading after reporting solid Q1 FY26 results. Investors are encouraged by the news that sales hit from China export restrictions were not as severe as feared. However, ongoing restrictions are expected to impact revenue by about $8 billion in Q2. Morgan Stanley’s confidence in sustained high demand for NVDA products results in a 6% increase in the stock price target.

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Read more at Yahoo Finance: Morgan Stanley Raises NVIDIA Corporation (NVDA)’s Stock Price Target to $170, Maintains Overweight Rating