What Analysts Think of Nvidia Stock Ahead of Earnings
Key Points
- NVIDIA will report fourth-quarter results after closing Wednesday.
- The chipmaker is expected to release quarterly sales records to see strong demand for its premium chips.
- Analysts’ perceptions of AI chipmaker stocks are widespread, with all analysts except one tracked by Visible Alpha, which will issue a “buy” or equivalent rating.
nvidia(NVDA) Plans to report fourth-quarter results after the market shutdown on Wednesday, with analysts widely optimistic about AI chipmakers’ stocks.
All analysts issued a “buy” or equivalent rating, except for one of the 18 analysts tracked by Visible Alpha, with one analyst rating the stock as “hold.” Their consensus target is about $175, meaning there is about 26% room for upside compared to Friday’s intraday price.
Wedbush and Oppenheimer analysts reiterated their $175 price target on Thursday, suggesting demand for the company’s premium chips booms as Large tech companies increase spending on AI infrastructure May lead to another Strong quarter.
NVIDIA is expected to post record quarterly revenue of $38.32 billion, up 73% year-on-year, according to estimates compiled by Visible Alpha. Net income is expected to climb to $21.08 billion from $12.84 billion a year ago.
UBS analysts who maintained their $185 target noted that “recently increased investor expectations” and added supply chain improvements could mean higher sales of NVIDIA’s Blackwell Line. UBS’ estimates for Blackwell’s contribution to fourth-quarter revenue almost doubled to $9 billion, up from the previous $5 billion.
Oppenheimer also said Chinese artificial intelligence startup DeepSeek rises rapidly It can ultimately prove that chipmakers are “active” as competition has pushed NVIDIA’s U.S. customers to step up their efforts in AI competitions rather than backing down.
Despite concerns over Big Tech’s AI spending last month, Nvidia’s stock has been worth about three-quarters of its value in the past 12 months, and Nvidia’s stock has reached its value in Friday’s day trading Three quarters of that.