Baird raised its Nvidia price target to $500 from $275 after Q1 earnings showed $57B in revenue, placing the firm well above Wall Street consensus.

Wall Street firms including Melius Research, Goldman Sachs, and Cantor Fitzgerald raise Nvidia price targets amid surging AI infrastructure demand.

Baird raised its Nvidia price target to $500 from $275 after Q1 earnings showed $57B in revenue, placing the firm well above Wall Street consensus.

Nvidia posted record $81.6B revenue with 85% YoY growth. Bank of America raised its price target to $350 as crypto miners pivot to AI infrastructure.