UBS analysts have raised the price target on NVIDIA (NVDA) to $150 based on their positive supply checks. This is a stark contrast from the previous forecast of $120, which demonstrates increased optimism in NVIDIA’s market standing and future performance.

After conducting a detailed analysis of the supply chain, the UBS analysts have remained bullish on NVIDIA and increased the price target to $150. This revision has been made due to the sustained high demand for the Blackwell rack-scale systems from NVIDIA.

As such, the analysts continue to hold a ‘Buy’ recommendation with a view that orders for NVIDIA’s NVL72/36 systems are set to grow rapidly as hyperscaler spending for the next year comes into sharper focus.

This upgrade also introduces new EPS estimates for 2025, which are projected to be around $5, up from the previous estimates. This is an indication that investors are becoming more and more certain in the company’s capacity to keep on dominating the market even as the tech requirements change.

Financial Forecasts and Market Sentiment

Despite a robust outlook, the sentiment around NVIDIA’s stock has seen some fluctuation, However, there has been some turbulence in the sentiment towards NVIDIA’s stock, which can be considered both as risks and opportunities. 

UBS observes that while the stock has turned bid softer recently, it remains part of a “wall of worry,” which means that it could help if NVIDIA continues meeting or beating the market forecasts.

Their new estimates for 2025 financials feature revenues of $204 billion and EPS of $4.95, which is way better than the Street’s expectations of $161 billion in revenues and $3.62 in EPS.

AI Coins Price Trend

NVIDIA’s updated EPS guidance for 2025 and the significant increase in revenue expectations above market expectations will further bolster investor sentiment in the technology sector, including blockchain and AI. This confidence could lead to increased investment in AI coins, paving the way for a bullish rally.

Even with the projection, AI coins are still struggling after the recent crypto market sell-off. Nevertheless, this rebound is anticipated to carry on, with Nvidia being among the leading firms in the course of AI evolution.

Artificial Superintelligence Alliance (FET) for instance opened the day at $1.1563.The price first dropped and then went on to rise steadily and touched almost $1.20. Nevertheless, the price experienced a sharp reversal after the peak and dropped to about $1.170 before leveling off. 

Concurrently, NEAR Protocol (NEAR), despite opening at $4.5055, climbed to a high of around $4.70 before facing resistance. Subsequently, the price trended downwards consistently, bottoming out near $4.60. 

On the other hand, the Injective Protocol (INJ) price was on the rise all day long with a strong positive trend. Starting at around $19.2194, the price steadily increased, peaking near $19.80. This upward trend was consistent, with minor pullbacks, indicating strong buyer dominance during this period. 

NVIDIA’s Legal Challenges

However, alongside these financial developments, NVIDIA has legal issues, including a copyright infringement case concerning its AI platform, NeMo.

This legal case presents the challenges of integrating AI solutions to organizations with heavy use of copyrighted materials.

However, as per a Coingape report, NVIDIA has agreed to work on a joint case management statement that is expected to be filed in the district court by August 13. This legal framework may affect investors’ perception and the market trends, despite the optimistic expectations regarding UBS’s financial performance.

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