Analyst Raises Nvidia Stock Price Target Before Q2 Earnings Report

Reported about 2 months ago

As Nvidia prepares to release its Q2 earnings report, analysts are optimistic about the company's future, particularly given the rising demand for artificial intelligence. Despite potential delays in its new Blackwell chips due to design flaws, Nvidia's stock has surged over 13% this month. Analysts anticipate a strong earnings report, with expectations of significant revenue growth, leading one analyst to raise the stock price target to $145.

Source: YAHOO

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