Nvidia put on 90 days ‘watch’ by Citi analysts: The ‘big announcement’ on January 6, robots and more – Times of India

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.
Huang’s CES keynote scheduled for 6.30 pm on January 6 is expected to ignite investor excitement. Citi analysts believe that Nvidia will raise sales expectations for their next-generation AI chip, “Blackwell,” and discuss advancements in AI for robotics and industrial applications.
Analysts anticipate Nvidia to announce a bottoming out of profit margins in the April quarter, followed by growth. Additionally, management is expected to address the “inference led inflection” in AI robotics for warehouses, manufacturing, and potentially, humanoid robots.
With companies like Tesla pushing humanoid robot development, Nvidia’s GPU chips are already playing a central role. Notably, nine humanoid robots powered by Nvidia chips were showcased at the company’s GTC conference in March 2024.
Fueled by the AI revolution, Nvidia’s stock price has skyrocketed 176% year-to-date, highlighting the market’s confidence in their technology. The upcoming CES 2025 event and positive analyst predictions set the stage for potential significant growth for Nvidia in the coming months.