On Wednesday, Nvidia, ranked first in US stock trading volume, closed up 3.58% at $38.658 billion. Nvidia will announce its quarterly results on May 22nd. KeyBanc capital market analysts have set Nvidia's target stock price at $1200. Prior to this, Goldman Sachs recently set a 12-month target price of $1100 ($875 before March) as the institution raised its EPS (earnings per share) forecast for the fiscal years 2025 to 2027, with an average increase of 8%, indicating sustained strong demand and supply improvement for AI servers.