Analysts Lift Nvidia, Apple and Dell Targets to $300, $380 and $380 on AI Bets
Updated
Updated · CNBC · May 26
Analysts Lift Nvidia, Apple and Dell Targets to $300, $380 and $380 on AI Bets
1 articles · Updated · CNBC · May 26
$300, $380 and $380 became the standout new targets Tuesday as analysts raised price objectives on Nvidia, Apple and Dell while reiterating buy ratings.
AI was the main driver: Rothschild & Co Redburn cited Nvidia data-center revenue running at a $300 billion annualized pace, Bank of America pointed to Apple's agentic AI opportunity, and Melius said Dell merits a higher multiple.
Micron also drew a sharp bullish revision, with UBS lifting its target to $1,626 from $535 on expectations AI-driven structural changes in memory will support further rerating.
The upbeat calls spread beyond megacaps, with HSBC upgrading Marvell to buy on AI networking, JPMorgan upgrading Cognex, Timken and Allient on robotics and data-center tailwinds, and Barclays lifting Occidental on valuation and oil prices.
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