Jim Cramer has defended NVIDIA Corporation (NASDAQ:NVDA) shares as the stock lost close to 8% in the final two months of 2025. Year-to-date, the shares have lost close to 1.5%. Analysts and media reports have attributed the weakness to concerns about AI's profitability.
Wolfe Research maintained an Outperform rating and a $250 share price target on the shares in mid-January. The firm outlined that NVIDIA's shipments of the China-specific H200 GPU could be impacted by the White House's announcement of a 25% tariff on China.
Jefferies raised the firm's share price target to $275 from $250 and kept a Buy rating in January. It commented that NVIDIA could experience revenue growth over the next couple of years.
Cramer discussed the recent share price performance and CEO Jensen Huang's fireside chat with Eli Lilly CEO David Ricks. He said, "Do the traders who've left NVIDIA behind see everything? Were they at the David Ricks fireside chat where they talked, where Jensen talked about living forever? I mean, that was a new one. I'm raising numbers on that one partner, living forever."