Reported about 2 months ago
Goldman Sachs analyst Toshiya Hari reaffirmed a 'conviction buy' rating on Nvidia, with a price target of $135, as the company prepares to release its fiscal second-quarter earnings next week. Despite recent delays associated with Nvidia’s upcoming Blackwell processors, demand from large cloud service providers remains strong. Analysts expect Nvidia to report an adjusted earnings of 64 cents per share and nearly 90% year-over-year revenue growth to $25.6 billion, indicating a positive outlook for the AI-focused company's performance.
Source: YAHOO