Reported 3 days ago
As Nvidia (NVDA) prepares for its earnings report, analysts are expressing optimism, with price targets raised by Wedbush and UBS, indicating significant upside potential. Following positive spending statistics from hyperscalers and strong performance in its data center segment, NVDA could see stock prices soar beyond recent highs, despite ongoing concerns about customer concentration and trade with China. Analysts predict robust revenue growth fueled by AI adoption, projecting $300 billion by 2026.
Source: YAHOO