Nvidia rises 3% premarket, trading at $175.90

Nvidia rises 3% premarket, trading at $175.90

NVIDIA Corporation (NASDAQ:NVDA) experienced a 3% increase premarket on September 10, 2025, trading at $175.90. The AI chipmaker has been a significant beneficiary of the generative AI boom, with its shares surging 171% in 2024, making it one of the top performers of the year . Despite facing challenges such as tariff tensions and export restrictions, NVIDIA has shown resilience in its performance.

In the second quarter of 2025, NVIDIA reported earnings of $1.05 per share, beating Wall Street estimates of $1.01. Revenue rose 56% to $46.74 billion, exceeding analysts' forecasts of $46.06 billion. However, the company's Q2 data center revenue missed estimates, which has contributed to a recent downturn in the stock's performance .

Analysts have mixed opinions on NVIDIA's stock. Citi analyst Atif Malik lowered his price target on NVIDIA to $200 from $210 while maintaining a buy rating . Despite the recent downward pressure, the consensus median one-year price target for NVIDIA is $210.67, representing a 25.06% potential upside over the next 12 months . The stock receives a consensus "Strong Buy" rating from 34 analysts out of 38 covering NVIDIA.

Looking ahead, NVIDIA continues to benefit from strong demand for its GPUs and AI solutions. The company's primary clientele, including tech giants like Alphabet Inc., Amazon.com Inc., Meta Platforms Inc., and Microsoft, account for 40% of its revenue. Furthermore, the AI market is expected to grow at a compound annual growth rate (CAGR) of 36.6% from 2024 to 2030 .

NVIDIA's recent stock success is a testament to its stronghold on the GPU industry and its ability to capitalize on the AI trend. Despite short-term setbacks, the company's long-term prospects remain promising, with analysts forecasting significant upside potential in the medium and long term.