Crypto Briefing reported that Goldman Sachs set a $300 price target for Nvidia after a sell-off in the AI sector.

The report interpreted this target as reflecting Goldman Sachs’ long-term bullish view on AI infrastructure, while also noting concerns about short-term market volatility and regulation.

· $300 is Goldman Sachs’ price target, not a forecast of the current share price, nor evidence that Nvidia has already bottomed out.
· The report did not elaborate on Goldman Sachs’ valuation methodology, so we can only confirm the price target and its stance, not assess the basis for it.

When evaluating this kind of price target, do you look first at the target itself, or at the earnings assumptions behind it?