Nvidia Stock Gets A Price Target Hike From Barclays – Check Out The New Level

Nvidia Corp. (NVDA) stock received a bullish update from Barclays as analyst Tom O'Malley lifted the firm’s price target to $240 from $200, reiterating an ‘Overweight’ rating on the stock. 

The new target reflects rising confidence in the company’s dominant position in artificial intelligence infrastructure, as well as a growing list of strategic partnerships.

Barclays based its new valuation on Nvidia’s earnings potential, forecasting an implied earnings per share of $7.85. The firm added $35 billion in potential revenue stemming from Nvidia's recent collaboration with OpenAI to its model. According to a CNBC report, at a 30x multiple, the firm expects Nvidia’s valuation to climb sharply as AI adoption deepens across various industries.

Nvidia stock traded over 1% lower on Thursday, after the morning bell. On Stocktwits, retail sentiment around the stock remained in ‘bullish’ territory amid ‘low’ message volume levels. 

In a note to investors, O'Malley projected that global spending on AI-related infrastructure could reach $2 trillion before the end of the decade. 

The analyst noted that recent deal activity could significantly strengthen Nvidia’s revenue pipeline over the next five years. These include a joint investment of up to $100 billion in OpenAI, a data infrastructure collaboration with Alibaba Group Holding (BABA), and a $5 billion partnership with Intel Corp. (INTC).

Nvidia shares hit a record high on Sept. 22, after it announced plans to invest $100 billion in OpenAI. The company has been a beneficiary of the artificial intelligence revolution, with a first-mover advantage in the market for high-performance AI chips. 

Nvidia stock has gained over 30% in 2025 and over 41% in the last 12 months. 

Also See: AtlasClear Stock Continues Its Relentless Surge, Retail Chatter More Than Doubles In 24 Hours

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