Nvidia's stock price hits a new high in four months; analysts optimistic about the outlook
智通财经2026/10/05 22:16As Nvidia (NVDA.US) shares hit a new high for the first time in four months, analysts remain optimistic about its future. The company's stock closed at $237.58 on Monday, setting a new peak, and the company's market value is around 5.76 trillions USD. Wedbush analyst Matt Bryson noted that as Nvidia gets closer to meeting its future financial expectations, "it's increasingly difficult for the market to ignore the disconnect" between its growth prospects and its valuation. He pointed out that the company is expected to grow at a 70% rate, but the stock is trading at less than 20 times next year's expected earnings per share, making it appear relatively inexpensive. Despite facing competition from peers and even its own customers, Nvidia remains the "cornerstone of AI infrastructure," BNP Paribas analyst Karl Ackerman wrote in a report last week. He raised the stock’s price target to $345 per share, which implies a 45% upside compared to Monday's closing price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Update: Energy Transfer will acquire Vaquero Midstream in a cash and stock transaction worth $2.63 billions.
The transaction includes $1.95 billion in cash and about 33.3 million shares of stock. Vaquero owns around 300 miles of pipeline across four counties in West Texas. The contracts are on a fee-based structure, supported by approximately 100,000 acres of dedicated land, with an average remaining term of about 10 years. Additional share information is provided in paragraph 4, and analysts’ comments are added in paragraphs 6 and 7. Pranav Mathur, Reuters, October 6th – Energy Transfer (ET.N) said on Tuesday that it has agreed to acquire Vaquero Midstream for approximately $2.6 billion in cash and stock, a move that will expand the pipeline company’s midstream business. Energy Transfer said the deal includes $1.95 billion in cash and about 33.3 million newly issued shares. Earlier this year, the company stated it expects to invest $5 to $5.5 billion in capital in 2026, mainly for its natural gas network projects. Shares of Energy Transfer fell 1.2% in early trading. The company said these assets connect to its existing natural gas and NGL infrastructure, providing additional volumes for its transportation, fractionation, terminal, and export business. “With the wave of consolidation continuing in this space, this marks the continuation of midstream consolidation, highlighting the value of these assets,” said James West, analyst at Melius Research. He noted that the combination of M&A and organic expansion projects is ushering midstream companies into a growth cycle that could last over a decade and is likely to drive further upward revaluation for the sector. The acquisition is expected to close in the fourth quarter of this year. Vaquero operates about 300 miles of pipelines in Loving, Reeves, Ward, and Winkler counties, Texas, serving producers in the Southern Delaware Basin. Its Caymus processing complex features three processing trains with a total capacity of about 675 million cubic feet per day. Vaquero’s contracts are fee-based and backed by about 100,000 acres of dedicated land, with an average remaining contract term of about 10 years. (For the convenience of non-English speakers, Reuters provides automated translations of its reports into several other languages. Automated translations may contain errors or not capture the intended context; Reuters does not guarantee their accuracy and provides them solely for readers’ convenience. Reuters accepts no liability for any damage or loss arising from the use of automated translation.)
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