Nvidia’s stock has struggled in 2025, but a major conference could reignite momentum. The company’s flagship GPU tech conference, GTC, is set to take place from March 17-21, and investors are eager to hear about CEO Jensen Huang’s plans.
Analysts expect the focus will be on several key areas, including the recovery of gross margins. Bank of America analyst Vivek Arya thinks gross margins could expand to mid-70s% in the second half of the year, driven by the transition to Nvidia’s Blackwell architecture. However, this shift has also led to cost pressures and manufacturing delays, which have pulled gross margins down.
Arya believes the ongoing Blackwell transition is a major incremental lift for Nvidia and expects the company to stabilize and improve margins as it ramps up. The “China impact” will also be a key focus area, with analysts monitoring the effect on Nvidia’s H20 chip sales and potential offsets from demand outside China.
The competitive strength of Nvidia’s GPU platform compared to custom chip alternatives will also be under scrutiny. Analysts expect Nvidia to maintain its leading market share, even in the face of “heavy ASIC competition.”
Lastly, investors are hoping for insights into Nvidia’s AI TAM and the sustainability of growth beyond 2026. With a Buy rating from Arya, who sees a compelling valuation and a $200 price objective implying an upside potential of 64%, Wall Street is overwhelmingly bullish on the stock.
The Strong Buy consensus rating, based on 42 recent analyst reviews, suggests that investors are optimistic about Nvidia’s prospects. The average price target of $177.23 points to a ~46% upside over the next year.
Source: https://www.tipranks.com/news/bank-of-america-weighs-in-on-nvidia-stock-ahead-of-gtc-citing-compelling-valuation