Citi Raises Nvidia's Price Target to $270, Anticipates Accelerated Sales Growth Next Year

Written by Emily J. Thompson, Senior Investment Analyst

Source: aastocks

Updated: Nov 21 2025

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Should l Buy ?

Source: aastocks

Nvidia's Stock Performance: Nvidia's stock price increased in after-hours trading after the company projected sales of USD65 billion for the fiscal quarter ending January 2026, surpassing market expectations of USD63 billion.
Growth Expectations: With TSMC's CoWoS wafer capacity set to expand and Nvidia's partnerships with Anthropic and Middle Eastern firms, Citi anticipates Nvidia will make significant progress towards its USD500 billion data center sales goal for 2025-26.
Analyst Rating Update: Citi raised its target price for Nvidia from USD220 to USD270 while maintaining a Buy rating on the stock.
Jobless Claims Data: The latest report indicates that continuing jobless claims in the United States for October 18 are at 1,957,000, an increase from the previous figure of 1,947,000.

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About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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