News Formal

Nvidia Earnings Preview: NVDA produces new all-time high before selling off

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Nvidia (NVDA), the leading global designer of GPUs and chips specifically used in generative AI systems, has seen its share price break to a new all-t

NVDA has broken the $480.88 all-time high from July 14.Q2 revenue is expected to jump 65% YoY due to heavy demand for AI-focused chips. , the leading global designer of GPUs and chips specifically used in generative AI systems, has seen its share price break to a new all-time high on Tuesday. The market is anticipating a significant beat-and-raise announcement at Wednesday’s post-market earnings call.

On Monday, HSBC analyst Franke Lee raised his price target on NVDA stock from $600 to $780. Lee’s view is that there is plenty of likelihood that the earnings outlook for next year will rise substantially from here, giving Nvidia a much lower forward price multiple. Nvidia’s rally this spring began when management hiked its outlook on Q2 revenues by $4 billion, so there is some precedent to that idea.

The average price target on Wall Street is $487.56. Twenty-four analysts have given Nvidia stock a Buy rating, six give it a Strong Buy, and only three have given it a Hold rating.higher over the past quarter. The consensus for adjusted earnings per share is now $2.09. The sales consensus for the quarter is $11.07 billion, slightly higher than Nvidia’s surprising outlook for $11 billion during the Q1 earnings call back in May.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 14. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Nvidia earnings will be major test for AI demand, market rally By ReutersNvidia earnings will be major test for AI demand, market rally
ソース: Investingcom - 🏆 450. / 53 続きを読む »

HSBC hikes Nvidia price target ahead of earnings, sees 80% upsideAnalyst Frank Lee raised his target price on the stock to $780 from $600.
ソース: CNBC - 🏆 12. / 72 続きを読む »

Nvidia's stock looks to snap losing streak as earnings optimism buildsNvidia Corp.'s earnings are drawing nearer, and yet another analyst is feeling upbeat heading into the upcoming report.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Nvidia earnings to offer first true glimpse of the AI windfallWall Street seems confident that Nvidia will post 'beat-and-raise' earnings this week. The key question now is how much upside the chip giant can deliver.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Wall St opens higher with focus on Nvidia earnings, Jackson Hole meet By ReutersWall St opens higher with focus on Nvidia earnings, Jackson Hole meet
ソース: Investingcom - 🏆 450. / 53 続きを読む »