Nvidia earnings preview: Blackwell delay should not impact near-term results
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Loop Capital Reiterates Buy Rating on NVIDIA (NVDA)
August 26, 2024 7:14 AM EDTLoop Capital analyst Ananda Barush reiterated a Buy rating and $175.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "Reiterating our Buy and $175 PT as NVDA prepares to report July Q EPS on Wed 8/28. Our work suggests that while Blackwell is... More
Citi on NVIDIA (NVDA): 'we believe any updates ahead of the earnings call next week will help level set investor expectations'
August 23, 2024 11:57 AM EDTCiti analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "According to its company blog published today (23-Aug-24), ahead of the annual Hot Chips conference next week, NVIDIA is planning to talk Blackwell with new... More
Melius on NVIDIA (NVDA): 'shares could march towards our $160 target pretty quickly'
August 23, 2024 8:02 AM EDTMelius analyst Ben Reitzes reiterated a Buy rating and $160.00 price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "Training Still Strong: Yes, we were concerned when we first heard about issues with the new Blackwell chips in the supply chain and from customers - that included commentary around a 3-month delay due to potential overheating, a design issue and some packaging issues. However, it seems volumes for Blackwell systems can still be quite strong in the April 25 quarter. Our checks right now indicate training of LLMs is still strong at big... More
NVIDIA (NVDA) PT Raised to $150 at Evercore ISI, 'our top Tectonic Shift in Computing pick'
August 23, 2024 5:10 AM EDTEvercore ISI analyst Mark Lipacis raised the price target on NVIDIA (NASDAQ: NVDA) to $150.00 (from $145.00) while maintaining a Outperform rating.
The analyst comments "We continue to view NVDA as our top Tectonic Shift in Computing pick, with a full-stack ecosystem that... More
