Analysts expect another strong earnings report from Nvidia, lift stock targets

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Analysts expect another strong earnings report from Nvidia, lift stock targets

) is set to report its latest earnings results next week, and Deutsche Bank analysts expect the chipmaker to continue its trend of posting strong multi-billion dollar beats and raise, driven by robust demand for AI compute.

“Overall, we remain impressed by NVDAs best-in-class technology roadmap and believe AI fervor by its customers is likely to be sustained, yielding yet another strong quarter/ guide,” they wrote. Therefore, the investment bank considers NVDA shares “fully valued,” reiterating a Hold rating ahead of the report.

As a result, Wells Fargo raised their Nvidia forward estimates and lifted the target price from $970 to $1,150, implying more than 27% upside from the last closing price.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Here are the 6 stocks that rise when Nvidia shares fallCNBC Pro screened for stocks that are inversely correlated to Nvida's over a month and year period after the stock fell into correction territory this month.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stock Market Today: S&P 500 extends losing streak on Nvidia, Netflix slumpStock Market Today: S&P 500 extends losing streak on Nvidia, Netflix slump
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »