Loop Capital sees 73% upside for Nvidia after 2025 rally
Nvidia shares rose over 1% premarket after Loop Capital raised its price target to $350 from $250, implying a 73% upside. Analyst Ananda Baruah expects Nvidia GPU shipments to nearly double in 12 - 15 months, supported by a $500 billion revenue backlog from Blackwell and Rubin chips through 2026.