Analysts Anticipate Strong Earnings for Nvidia Ahead of Upcoming Report

Reported about 19 hours ago

Nvidia is set to announce its fiscal first-quarter earnings, with analysts predicting significant revenue growth to $43.38 billion, a 66% increase year-over-year. Amid ongoing concerns over U.S. export controls affecting sales to China, analysts remain optimistic, with both Wedbush and Oppenheimer maintaining 'outperform' ratings and price targets around $175. The consensus among 18 analysts suggests a potential upside of about 25% from the current share price.

Source: YAHOO

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