Key facts
- Goldman Sachs analyst James Schneider reiterated a Buy rating on Nvidia (NVDA).
- The price target was set at $285, implying approximately 28% upside.
- Nvidia unveiled its RTX Spark PC platform at Computex, developed with Microsoft and Mediatek.
- Full-scale production of Nvidia's Vera Rubin platform for agentic AI workloads is underway.
- Goldman Sachs expects a faster revenue ramp for the Vera Rubin platform compared to the Blackwell generation.
Goldman Sachs analyst James Schneider has maintained a positive outlook on Nvidia (NVDA), reiterating a Buy rating and a $285 price target, which suggests an approximate 28% upside potential. Schneider cited a "positive catalyst path ahead" for the stock. Nvidia recently unveiled its RTX Spark platform at Computex, a new Windows-based PC system designed for AI-intensive workloads, developed in collaboration with Microsoft and Mediatek. This platform pairs a Blackwell RTX GPU with a 20-core Grace CPU and is expected to ship this fall. Schneider views this as a move into the premium PC market and a potential boost for Windows on ARM. Additionally, Nvidia confirmed that full-scale production of its Vera Rubin platform, designed for agentic AI workloads, is underway. Goldman Sachs anticipates a steeper revenue ramp for Rubin compared to the previous Blackwell generation, which could lead to a stronger earnings trajectory. The broader Wall Street consensus for NVDA is a Strong Buy, with an average price target of $309.94.