Where goes Nvidia in future?
$NVIDIA(NVDA.US$ The latest price increase comes after Rosenblatt-Securities analyst Hans Mosesmann significantly raised his price target from $140 to $200. His purchase recommendation obviously remains intact. 'Since the start of our follow-up with a purchase recommendation in 2017, we have been very enthusiastic about the company's hardware (the chips, ed.), but the real story lies in the software that supports the hardware.'
We expect the importance of the software side in the sales mix to increase significantly over the next decade,” he continues. 'That gives an upside potential to our valuation.' Based on the new target price, the company's total valuation would amount to almost $5 trillion. [De TIJD, F.E.T from Belgium]![]()
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