Jefferies analyst Blayne Curtis maintains $NVIDIA (NVDA.US)$ with a buy rating, and adjusts the target price from $150 to $185.
According to TipRanks data, the analyst has a success rate of 63.5% and a total average return of 24.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $NVIDIA (NVDA.US)$'s main analysts recently are as follows:
Anticipation for Nvidia's earnings report scheduled for November 20 is high, with projections aligning with prior quarter sales. Expectations for the January quarter data center sales have been heightened to account for significant Blackwell sales, following the resolution of the Blackwell mask issues, although supply constraints persist.
Expectations for Nvidia's upcoming quarterly results remain positive, with forecasts for the fiscal year 2025 being adjusted upwards to align with an improved sales outlook for Q3, and the anticipated benefits carrying over into Q4. The raised revenue and EPS projections for the fiscal year 2026 underscore a strong belief in the company's continued investment and spending, reflecting a longer-term growth trajectory.
Anticipation for Nvidia's upcoming quarterly results is positive, with expectations of an improved Q3 outcome and Q4 forecast driven by continuous demand for AI accelerators from CSPs and enterprises. There is also a projection of significant momentum starting in Q1 for the Blackwell accelerators. Engagement with investors indicates projections of 5-6 million GPUs for the next year. It is believed that Nvidia holds a favorable position in the AI space, gaining advantages from its comprehensive AI hardware/software offerings.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
