Latest news with #FangBoonFoo
Business Insider
15-07-2025
- Business
- Business Insider
Nvidia Stock Just Got a New $180 Price Target—Here's Why a DBS Top Analyst Is Still Bullish
Nvidia (NVDA) stock forecast received a boost from DBS Top analyst Fang Boon Foo. In a new note dated July 11, Foo raised his price target on the stock to $180, up from $160, while reaffirming a Buy rating. The five-star analyst called Nvidia's fundamentals 'strong,' its product roadmap 'cutting-edge,' and its demand outlook 'robust,' all supporting the case for continued upside. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. It is worth noting that Fang Boon Foo ranks 470 out of more than 9,800 analysts tracked by TipRanks. He has a success rate of 75%, with an average return per rating of 38.50% over a one-year timeframe. Why Top Analyst Remains Bullish on Nvidia Foo has outlined several reasons for staying positive on Nvidia's outlook. Here's a quick look at what's driving his bullish view: Strong AI Demand despite China Risks: The analyst said Nvidia continues to benefit from strong global demand for its AI chips. For Q2 FY26, the company guided revenue of $45 billion, up 2% sequentially, and said that demand for both Hopper and Blackwell chips is expected to exceed supply throughout the year. While U.S. export rules are still a risk, especially for H20 chip sales to China, DBS believes the impact will be limited. The report also mentioned that Nvidia is working on a compliant China-specific chip to help reduce the impact of these limits. Annual Chip Upgrades Help Nvidia Stay Ahead: DBS pointed to Nvidia's yearly refresh cycle for its AI accelerators as a key competitive edge. With planned upgrades from Hopper to Blackwell and later Rubin, the company's steady product rollout—outlined at its GTC conference—is expected to keep it ahead of rivals in the fast-moving AI market. Margins Expected to Stabilize: The analyst noted that gross margins may dip slightly in the near term as Nvidia ramps up its Blackwell chips, but management expects margins to recover to the mid-70% range in FY26. He also pointed to Nvidia's solid cash position and strong free cash flow, which gives it enough room to invest and manage risks better than most peers. Nvidia's High Valuation Is Justified The analyst raised his price target on Nvidia to $180, based on a 22x forward price-to-book ratio for FY26/27, slightly above the company's historical average. However, Foo believes NVDA's premium is justified. He pointed to Nvidia's strong market position, steady performance, and high return on equity—expected to reach 79%. Is Nvidia a Good Stock to Buy? According to TipRanks, NVDA stock has received a Strong Buy consensus rating, with 36 Buys, four Holds, and one Sell assigned in the last three months. The average Nvidia stock price target is $176.76, suggesting a potential upside of 7.18% from the current level.
Yahoo
14-07-2025
- Business
- Yahoo
Top Analyst Hikes Nvidia Target to $180 on AI Chip Demand
July 14 - Nvidia (NASDAQ:NVDA) received a fresh boost on Friday as DBS analyst Fang Boon Foo raised his price target to $180 from $160, maintaining a "Buy" rating. Foo pointed to sustained global demand for Nvidia's AI accelerators, forecasting that revenue for Q2 FY 2026 will reach about $45 billion, up slightly from the prior quarter, as Hopper and Blackwell chip orders outpace supply. Warning! GuruFocus has detected 4 Warning Signs with NVDA. While U.S. export curbs on China present risks, Foo noted that a China?compliant variant under development may help mitigate potential headwinds, supporting continued growth in that market. The analyst also highlighted Nvidia's annual product refresh cycle, transitioning from Hopper to Blackwell and then to Rubin, as a key advantage in the competitive AI chip landscape. He warned that gross margins might dip in the short term as Blackwell production ramps, but management expects margins to rebound to the mid?70% range in fiscal year 2026. Valuation concerns are tempered by Nvidia's strong free cash flow and high return on equity, with Foo arguing that a 22?times forward price?to?book multiple is justified given the company's market position. This article first appeared on GuruFocus.
Yahoo
14-07-2025
- Business
- Yahoo
Top Analyst Hikes Nvidia Target to $180 on AI Chip Demand
July 14 - Nvidia (NASDAQ:NVDA) received a fresh boost on Friday as DBS analyst Fang Boon Foo raised his price target to $180 from $160, maintaining a "Buy" rating. Foo pointed to sustained global demand for Nvidia's AI accelerators, forecasting that revenue for Q2 FY 2026 will reach about $45 billion, up slightly from the prior quarter, as Hopper and Blackwell chip orders outpace supply. Warning! GuruFocus has detected 4 Warning Signs with NVDA. While U.S. export curbs on China present risks, Foo noted that a China?compliant variant under development may help mitigate potential headwinds, supporting continued growth in that market. The analyst also highlighted Nvidia's annual product refresh cycle, transitioning from Hopper to Blackwell and then to Rubin, as a key advantage in the competitive AI chip landscape. He warned that gross margins might dip in the short term as Blackwell production ramps, but management expects margins to rebound to the mid?70% range in fiscal year 2026. Valuation concerns are tempered by Nvidia's strong free cash flow and high return on equity, with Foo arguing that a 22?times forward price?to?book multiple is justified given the company's market position. This article first appeared on GuruFocus.
Yahoo
18-06-2025
- Business
- Yahoo
Nvidia (NVDA) Continues to Fire on All Cylinders
Nvidia Corp. (NASDAQ:NVDA) is one of the 10 best growth stocks to buy according to billionaires. Today, Nvidia's dominance in powering data centers and AI infrastructure is virtually uncontested. The demand for its GPUs not only boosted the growth of AI-driven applications but also led to tremendous growth for the company. In fiscal year 2021, the Gaming segment accounted for approximately 50% of total revenue. Over the next four years, the Data Center business surpassed it, accounting for around 89% of total revenue, while Gaming's contribution declined to around 9% by 2025. At its recently concluded GTC conference in Paris, the company highlighted its collaboration with European telecommunications companies, cloud service providers, and supercomputing centres in building AI infrastructure in the region. This accelerated investment by the EU is also expected to include building 20 AI Factories, among which 5 are Gigafactories. Therefore, Nvidia is expected to continue running at full speed. While the stock seems to be taking a breather in 2025 after the 170% surge in 2024, the majority of the street remains bullish, with the consensus 1-year median price target still indicating over 20% upside. Among the bullish voices is Oppenheimer analyst Rick Schafer, who on June 15, reiterated a Buy rating on Nvidia with an unchanged price target of $175. Before that, on June 12, DBS analyst Fang Boon Foo reiterated a Buy rating on Nvidia Corp. (NASDAQ:NVDA) but revised the price target to $160 from $175. The analyst highlighted that Nvidia's recent partnership with Mistral AI, a French company, and its expansion plans in Europe support Nvidia's solid market position. Although he lowered the price target, the analyst still sees strong growth potential for Nvidia, and cited healthy demand, solid margins, and a strong capital spending cycle across major tech firms as key drivers for the stock's long-term performance. Nvidia Corp. (NASDAQ:NVDA) is a leading innovator in the design and production of graphics processing units (GPUs), system-on-a-chip (SoC) solutions, and AI-driven hardware and software. The company's GPUs are used in gaming, high-performance computing, AI training, and inference and serve as the backbone of data center infrastructure worldwide. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
18-06-2025
- Business
- Yahoo
Nvidia (NVDA) Continues to Fire on All Cylinders
Nvidia Corp. (NASDAQ:NVDA) is one of the 10 best growth stocks to buy according to billionaires. Today, Nvidia's dominance in powering data centers and AI infrastructure is virtually uncontested. The demand for its GPUs not only boosted the growth of AI-driven applications but also led to tremendous growth for the company. In fiscal year 2021, the Gaming segment accounted for approximately 50% of total revenue. Over the next four years, the Data Center business surpassed it, accounting for around 89% of total revenue, while Gaming's contribution declined to around 9% by 2025. At its recently concluded GTC conference in Paris, the company highlighted its collaboration with European telecommunications companies, cloud service providers, and supercomputing centres in building AI infrastructure in the region. This accelerated investment by the EU is also expected to include building 20 AI Factories, among which 5 are Gigafactories. Therefore, Nvidia is expected to continue running at full speed. While the stock seems to be taking a breather in 2025 after the 170% surge in 2024, the majority of the street remains bullish, with the consensus 1-year median price target still indicating over 20% upside. Among the bullish voices is Oppenheimer analyst Rick Schafer, who on June 15, reiterated a Buy rating on Nvidia with an unchanged price target of $175. Before that, on June 12, DBS analyst Fang Boon Foo reiterated a Buy rating on Nvidia Corp. (NASDAQ:NVDA) but revised the price target to $160 from $175. The analyst highlighted that Nvidia's recent partnership with Mistral AI, a French company, and its expansion plans in Europe support Nvidia's solid market position. Although he lowered the price target, the analyst still sees strong growth potential for Nvidia, and cited healthy demand, solid margins, and a strong capital spending cycle across major tech firms as key drivers for the stock's long-term performance. Nvidia Corp. (NASDAQ:NVDA) is a leading innovator in the design and production of graphics processing units (GPUs), system-on-a-chip (SoC) solutions, and AI-driven hardware and software. The company's GPUs are used in gaming, high-performance computing, AI training, and inference and serve as the backbone of data center infrastructure worldwide. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
