The post Analyst sets Street-high price target for Nvidia stock appeared on BitcoinEthereumNews.com. Nvidia (NASDAQ: NVDA) continues to gain momentum as the core driver of the global artificial intelligence (AI) infrastructure boom.  On Thursday, October 9, Cantor Fitzgerald reaffirmed its “Top Pick” rating on the company and raised its price target from $140 to a Street-high of $300, a roughly 55% upside. The upgrade followed a series of meetings between Cantor analysts and Nvidia executives, including CEO Jensen Huang and CFO Colette Kress, earlier this week, which focused on the chipmaker’s new collaboration with OpenAI, among other things. As a result, Nvidia gained nearly 2% and closed at $192.57. One day later and the stock has gained another 0.30%, trading at $193.14 despite renewed issues in the Chinese market. NVDA stock price at market open. Source: Google Finance In addition to the new price, Cantor also forecasts earnings per share (EPS) to hit $8 in calendar 2026, ahead of the $6.26 Wall Street consensus, and $11 in 2027, well above the overall estimate of $7.37. Far from seeing the current AI surge as a speculative bubble, though, Cantor believes the adoption of generative AI across sectors signals a structural shift. For instance, the financial services company sees the AI infrastructure market growing to between $3 trillion and $4 trillion by 2030.  Wall Street sets Nvidia share price On October 6, Melius Research also lifted its NVDA target to $275 from $240, while Goldman Sachs moved it to $210. Similarly, Bank of America, Barclays, and Wells Fargo have set their targets between $220 and $240 in the past few weeks. As of the time of writing, the average NVDA price target for the next 12 months is $219.86, an implied uptick of 13.98%, based on a total of 38 ratings on market analysis platform TipRanks. NVDA price target. Source: TipRanks Accordingly, some other major… The post Analyst sets Street-high price target for Nvidia stock appeared on BitcoinEthereumNews.com. Nvidia (NASDAQ: NVDA) continues to gain momentum as the core driver of the global artificial intelligence (AI) infrastructure boom.  On Thursday, October 9, Cantor Fitzgerald reaffirmed its “Top Pick” rating on the company and raised its price target from $140 to a Street-high of $300, a roughly 55% upside. The upgrade followed a series of meetings between Cantor analysts and Nvidia executives, including CEO Jensen Huang and CFO Colette Kress, earlier this week, which focused on the chipmaker’s new collaboration with OpenAI, among other things. As a result, Nvidia gained nearly 2% and closed at $192.57. One day later and the stock has gained another 0.30%, trading at $193.14 despite renewed issues in the Chinese market. NVDA stock price at market open. Source: Google Finance In addition to the new price, Cantor also forecasts earnings per share (EPS) to hit $8 in calendar 2026, ahead of the $6.26 Wall Street consensus, and $11 in 2027, well above the overall estimate of $7.37. Far from seeing the current AI surge as a speculative bubble, though, Cantor believes the adoption of generative AI across sectors signals a structural shift. For instance, the financial services company sees the AI infrastructure market growing to between $3 trillion and $4 trillion by 2030.  Wall Street sets Nvidia share price On October 6, Melius Research also lifted its NVDA target to $275 from $240, while Goldman Sachs moved it to $210. Similarly, Bank of America, Barclays, and Wells Fargo have set their targets between $220 and $240 in the past few weeks. As of the time of writing, the average NVDA price target for the next 12 months is $219.86, an implied uptick of 13.98%, based on a total of 38 ratings on market analysis platform TipRanks. NVDA price target. Source: TipRanks Accordingly, some other major…