NVIDIA Corporation (NASDAQ:NVDA) is one of the AI stocks analysts are betting on. Bernstein reaffirmed its Outperform rating on Nvidia with a $275 price target, responding to the company’s memo addressing concerns about receivables, working capital, depreciation, and revenue flows.

Bernstein found Nvidia’s explanations reasonable and clarifying, easing investor uncertainty. The memo drew significant attention, prompting increased client interest and requests for details. Analysts at Citi reiterated a Buy rating on Nvidia and raised the price target to $220 from $210.

Citi expects Nvidia to report $57 billion in sales for the October quarter, above consensus estimates, with sales momentum continuing into the January quarter. Bank of America analysts view Nvidia as a compelling investment, citing $500 billion in 2025/2026 data center orders and anticipating a significant increase in sales growth and EPS.

NVIDIA Corporation (NASDAQ:NVDA) is a key player in AI, providing GPUs and software platforms for AI development and deployment. The company offers full-stack solutions, including hardware, software like the CUDA parallel computing platform, and services for building, training, and running AI models.

Read more at Yahoo Finance: Nvidia (NVDA) Memo Calms Investors as Bernstein Reaffirms Outperform