Nvidia: Mizuho Maintains Outperform, Raises PT to $205 from $192.

Nvidia: Mizuho Maintains Outperform, Raises PT to $205 from $192.

Mizuho Financial Group's top analyst, Vijay Rakesh, has maintained an Outperform rating for NVIDIA Corporation (NVDA) and raised the price target from $192 to $205. This move reflects strong momentum in AI server demand and increased spending by hyperscalers on high-performance GPUs [3].

The updated price target implies a 13% upside potential for NVIDIA stock. Rakesh highlighted that AI server demand is rising sharply, with Nvidia seeing strong revenue growth from Taiwan-based server makers, such as Wistron and Wiwynn, a Foxconn subsidiary. Additionally, the analyst expects Nvidia's upcoming GB200 and GB300 GPU launches to drive growth [3].

New GPU licenses in China could add hundreds of thousands of units annually for NVDA and AMD in fiscal 2026, providing further upside. Mizuho has also raised its full-year forecasts for 2026 through 2028, reflecting strong AI demand and upcoming GPU launches. Fiscal 2026 is now projected at $208 billion in revenue and $4.51 EPS, 2027 at $260 billion and $5.95 EPS, and 2028 at $292 billion and $6.71 EPS [3].

NVIDIA is scheduled to report its Q2 FY26 earnings on August 27. Analysts expect earnings growth of 44% on a 53% surge in revenue to $45.9 billion [2].

References:
[1] https://www.benzinga.com/quote/NVDA/analyst-ratings
[2] https://www.bloomberg.com/news/articles/2025-08-14/nvidia-s-trump-tax-of-little-worry-to-investors-eyeing-ai-riches
[3] https://www.tipranks.com/news/nvda-and-amd-mizuho-raises-price-targets-on-two-leading-ai-stocks