From Yahoo Finance: 2025-05-03 18:15:00

Seaport Global Securities analyst Jay Goldberg downgraded Nvidia to a sell rating with a $100 price target, the lowest on Wall Street. Goldberg believes AI benefits are already priced in and predicts AI budgets to slow in ’26. Despite challenges, Nvidia’s dominant position and valuation make it a long-term buy for AI believers.

In a tough year for Nvidia, Seaport Global Securities analyst Jay Goldberg issued the first sell rating on the company. Goldberg’s concerns stem from a belief that AI benefits are already reflected in the stock price and that major customers are designing their own chips. Despite near-term challenges, Nvidia’s market-leading position and innovation make it a solid investment in the long run.



Read more at Yahoo Finance: Nvidia Just Got Its First Sell Rating From Wall Street — Should Investors Be Worried?