Markets
markets
David Crowther

Even after the DeepSeek and AI meltdowns, Wall Street's still sticking with its lofty Nvidia price targets

It might only be March 17, but for Nvidia investors, the year so far might have felt like a lifetime.

Everything happens so much

First came the DeepSeek freak-out, a violent sell-off sparked by a Chinese AI model that was reportedly trained for a fraction of the cost of its Western rivals. Then came tariffs, an ongoing growth slowdown scare, and a sharp reversal in the fortunes of momentum stocks — almost all of which were heavily associated with an AI trade predicated on a continued “capex orgy” as Big Tech companies plan data centers the size of large cities.

So, given all that’s happened this year, how have Wall Street analysts changed their views on Nvidia? Well... they haven’t really. At least not in the aggregate.

Data from FactSet reveals that the average (mean) price target for Nvidia at the end of last year, before any of those headlines hit the tape, was $173.81. Today it’s $174.79, or 0.6% higher.

Nvidia Price Targets
Sherwood News

It’s plausible, if a little embarrassing, that some analysts simply haven’t gotten around to rerunning the numbers in the wake of this latest sell-off. But clearly many of the analysts — and there are nearly 70 of them in total — believe that the fundamental equity story remains unchanged for Wall Street’s most-watched stock, even as the world around it shifts. At the company’s full-year results, Nvidia beat on both the top and bottom lines, though, with the rollout of its Blackwell GPUs progressing steadily, gross margins might compress slightly in the short term.

After a volatile last seven days or so, the next big catalyst for the stock could come quickly, as CEO Jensen Huang takes the stage tomorrow at GTC 2025, Nvidia’s biggest conference of the year. Investors will be on the lookout for mentions of 2026 demand and any updates on its next-gen chip Vera Rubin (named after the astronomer).

Related reading: 73 Wall Street analysts cover Amazon, there are 72 on Meta, and 66 write about Nvidia — how many do we need?

More Markets

See all Markets
markets
Max Knoblauch

Rivian is on pace for its longest winning streak ever ahead of R2 deliveries next week

EV maker Rivian is climbing for the tenth-consecutive day on Wednesday, putting the company on pace for its longest winning streak ever.

The stock has climbed more than 40% in the two-week stretch, as the company prepares to start customer deliveries of its highly anticipated R2 SUV on June 9. The EV will launch at nearly $60,000, with a lower-priced variant in the $45,000 range due to release late next year. Rivian has implied it expects to deliver up to 25,000 R2s this calendar year.

Despite the hot streak, Rivian shares are down about 7% year-to-date and nearly 90% from their all-time high in late 2021.

markets
J. Edward Moreno

Intel rebounds as executives tout AI progress, new deals

Intel rose Wednesday morning, recovering some of its losses from earlier this week after Nvidia announced that it would enter the laptop market with its new PC “superchip.”

Speaking at the Computex ​expo in Taipei on ‌Tuesday, Intel executives gave bullish updates on the company’s business, including:

  • Intel’s 18A process is now “at full scale” with “hundreds of design wins” and has been ramped to “high volume with multiple products,” according to Alex Katouzian, head of the company’s physical AI group.

  • It also noted new deals for custom silicon, including a deployed Google Infrastructure Processing Unit and infrastructure silicon for Ericsson.

  • Intel is making “tremendous progress” building its foundry business, according to CEO Lip-Bu Tan.

  • A new partnership with Foxconn will “develop rack scale products built upon Intel Xeon processors.”

Intel has risen about 3.4% as of 11 a.m. ET Monday, leaving it only slightly red for the week. The stock has nearly tripled in value since the start of the year.

markets
Helena Cheng

KKR, Blackstone lead private equity sell-off after Partners Group curbs investor withdrawals

Shares of major US alternative asset managers like KKR & Co., Blackstone, Ares Management, and Blue Owl Capital are tumbling after Switzerland-based Partners Group capped investor withdrawals from a flagship private equity fund, reigniting broader market anxieties over private asset valuations and systemic liquidity.

Overseas, Partners Group’s stock dropped 17% in Zurich trading, marking its worst single-day drop on record and sending it to a 52-week low, according to CNBC.

The panic was triggered when Partners Group announced it had restricted redemptions within its $8.6 billion Global Value SICAV fund in a statement and filing to investors, according to Reuters. In a Bloomberg TV interview, Partners Group CEO David Layton said that the sudden surge of investor exit requests hit 9.8% of the fund’s total value during the second quarter. Because this nearly doubled the fund’s internal safety threshold, Partners Group automatically triggered structural guardrails to limit quarterly cash withdrawals to just 5% of net asset value.

“There are some idiosyncratic factors for this fund in particular, but indeed you do see investors broadly, after having redemption pressure within private credit for a number of quarters, now starting to redeem other asset classes,” Layton said on Wednesday.

The sector-wide drop followed a similar announcement just one day ago from asset manager Cliffwater, which capped quarterly redemptions at 5% after investors asked to withdraw roughly 17% of shares from the $31 billion private credit fund, according to Bloomberg.

The market’s sharp reaction stems from the fact that US giants like Blackstone, KKR, and Ares have spent years courting wealthy individual and retail investors to fuel their growth. With a surge in redemption requests starting in private credit late last year and now officially bleeding into private equity, investors are growing skittish that portfolios are holding over-marked assets that cannot be quickly liquidated.

markets
Max Knoblauch

Beta Technologies climbs after Transportation Sec. Duffy posts a “Love Island” meme about his flight in electric aircraft

Air taxi maker Beta Technologies climbed by 5% in premarket trading on Wednesday after Transportation Secretary Sean Duffy posted a video about his recent flight in the company’s electric aircraft.

The Department of Transportation announced Duffy’s Beta flight on Monday, writing that he’d become “the first Transportation Secretary in American history to fly in an electric vertical take-off and landing aircraft.”

Late Tuesday, Duffy posted another video referencing the flight, writing, “🔥A HOT NEW AIRCRAFT ENTERS THE VILLA👀”

Air taxi rivals Joby Aviation and Archer Aviation were each down about 1.4% in premarket trading. All three companies are participating in the FAA’s eVTOL Integration Pilot Program. All three are also down at least 10% year to date heading into market open on Wednesday.

Tom Jones
hedge of glory
6h
A New York bar is using Kalshi to offer patrons free drinks during the first Knicks Finals game

Sentences are being written that have never been written before.

NBA: MAY 31 NBA Finals Preview - New York Knicks

Latest Stories

Sherwood Media, LLC and Chartr Limited produce fresh and unique perspectives on topical financial news and are fully owned subsidiaries of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Money, LLC, Robinhood U.K. Ltd, Robinhood Derivatives, LLC, Robinhood Gold, LLC, Robinhood Asset Management, LLC, Robinhood Credit, Inc., Robinhood Ventures DE, LLC and, where applicable, its managed investment vehicles.
©2026 Sherwood Media, LLC