Nvidia put on 90 days ‘watch’ by Citi analysts: The ‘big announcement’ on January 6, robots and more
Nvidia has reportedly been put on a “positive catalyst watch” for the next 90 days by analyst firm Citi. Citi analysts predict a potential 27% stock price increase to $175 by early 2025. This optimistic view hinges on CEO Jensen Huang’s keynote address at the 2025 edition of the annual Consumer Electronics (CES) tradeshow in Las Vegas, US. “We… open a positive catalyst watch into CES Jan where we expect Blackwell sales expectations to move higher and management to talk about the inference led enterprise and robotics industrial demand inflection,” Citi analyst Atif Malik told Bloomberg.