Here's the trade on Nvidia ahead of earnings, according to analysts

Rosenblatt Securities analyst Hans Mosesmann raised his price target last week to $800 per share , implying upside of 84% over the next 12 months. He added that he expects a top and bottom line beat for the second quarter. "NVDA remains one of our top plays as the company stands in a league of its own when it comes to software and AI solutions. With unmatched strengths in compilers, libraries, and vertical optimizations," Mosesmann said.

"The main question is whether there is still room for the stock to move further, given the big move and elevated valuation - we think there is given NVDA's strong FCF [free cash flow]," Caso said. "We think it's unprecedented to have a company growing this fast , and still throw off this much cash ." Elsewhere, Citi analyst Atif Malik reiterated both a buy rating and a $520 per share price target in a note last week.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Top Down Bottom Up: Nvidia ahead of earnings'Taking Stock' takes a two perspective approach to Nvidia stock ahead of next week's quarterly report.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

The AI Trade Faces Its First Major Test With Nvidia EarningsThe chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now.
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »

Stocks making the biggest moves midday: Xpeng, Nvidia, Blue Bird, Estee Lauder and moreThese are the stocks posting the largest moves in midday trading.
แหล่ง: NBCNewYork - 🏆 270. / 63 อ่านเพิ่มเติม »

- Jackson Hole Symposium, flash PMIs, Harbour Energy, Nvidia earningsJackson Hole Annual Symposium – 24/08 – this year’s annual central bank Jackson Hole Symposium is entitled “Structural Shifts in the Global Economy”
แหล่ง: FXStreetNews - 🏆 14. / 72 อ่านเพิ่มเติม »