Cantor Fitzgerald Reiterates Overweight on Nvidia With $350 Price Target

Cantor Fitzgerald reaffirmed its Overweight rating and $350 12-month price target on Nvidia Corp., pointing to upside driven by Agentic AI demand and hyperscaler IT capital expenditures. Analyst C.J. Muse stated that the long-term growth potential remains too significant to ignore, noting Nvidia trades at roughly 13 times projected 2028 earnings per share of $26 despite technical resistance near $234. The outlook aligns with broader Wall Street sentiment, where a TipRanks consensus of 31 analysts shows a Strong Buy rating with an average $324.32 target. Year-to-date, Nvidia shares have gained 21.22%, lifting its market capitalization to approximately $5.5 trillion.