By Nauman Khan
Publication Date: 2025-12-26 17:05:00
This article first appeared on GuruFocus.
Nvidia (NASDAQ:NVDA) is ripe for outperformance, Cantor Fitzgerald said in a Friday note to clients.
The firm said recent weakness in AI-related names may be overstated and that Nvidia stands to benefit from a larger AI demand inflection in 2026.
Cantor Fitzgerald carries a buy-equivalent overweight rating on the chipmaker and set a $300 price target, citing durable data-center demand and product cadence.
Nvidia’s shares have largely treaded water since its third-quarter results, though the stock rose about 6% over the past month as some investors returned to the market.
Analysts noted some caution around valuation and the broader technology rally, but argued those concerns may miss the longer-term secular drivers tied to AI infrastructure spending.
Cantor said catalysts such as product rollouts and data-center upgrades could lift sentiment and performance next year.
The firm’s view suggests Nvidia could lead a broader market recovery should AI spending reaccelerate.