Nvidia Could Earn $5 Per Share in 2025, Analyst Says: Supply Checks 'Materially Larger Than Just Two Months Ago'
Nvidia Could Earn $5 Per Share in 2025, Analyst Says: Supply Checks 'Materially Larger Than Just Two Months Ago'
Shares of leading semiconductor stock NVIDIA Corp (NASDAQ:NVDA) are trading higher after receiving an updated price target from a leading analyst Monday.
領先的半導體股票英偉達公司（NASDAQ：NVDA）的股票在週一得到了一位領先分析師的更新價格目標後交易上漲。
The Nvidia Analyst: UBS analyst Timothy Arcuri has a Buy rating on Nvidia and raised the price target from $120 to $150.
英偉達分析師：瑞銀分析師Timothy Arcuri給予英偉達買入評級並將價格目標從120美元上調至150美元。
The Analyst Takeaways: Supply checks point to strong demand for Nvidia Blackwell products, Arcuri said in the new investor note.
分析師的見解：Arcuri表示，在新的投資者備忘錄中，供應檢查表明對英偉達黑韋爾產品的需求強勁。
"We now believe EPS of ~$5 could be doable for CO25 as the order pipeline for NVL72/36 systems is materially larger than just two months ago," Arcuri said.
“我們現在認爲，CO25的盈利每股收益可以達到約5美元，因爲NVL72/36系統的訂單流水線比僅兩個月前大得多，”Arcuri說。
The analyst said the strong demand seen in supply checks comes as sentiment on Nvidia stock has faded in recent weeks.
分析師表示，在供應檢查中看到的強勁需求，是由於英偉達股票的情緒在最近幾周已經消失。
Arcuri said the potential "wall of worry" on Nvidia stock could fade if the outlook materializes.
Arcuri表示，如果前景成真，英偉達股票上的潛在“憂慮之牆”可能會消失。
"We are even now still backing in a gap to what is being suggested by the supply check, far above sell side."
“即使現在我們仍然支持由供應檢查所建議的差距，遠高於賣方。”
Read Also: Nvidia Leads Race To $4 Trillion Market Cap: Analyst Praises 'Godfather Jensen' In 'Fourth Industrial Revolution'
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Enhanced power efficiency of the new products is among the reasons the analyst sees demand being higher than anticipated based on the new supply checks.
分析師認爲，新產品的強化功率效率，是需求高於預期的原因之一。
"Large-scale orders for NVL72/36 systems have not abated since our last major model in late April, further confirming the significant shift among hyperscale customers towards acquiring full-rack systems, which for NVDA will translate into a richer revenue mix than with Hopper."
“自4月底我們上一個主要模型以來，大規模的NVL72/36系統訂單沒有減少，進一步證實了超大規模客戶轉向獲取整個機架系統的重大轉變，這將爲英偉達帶來比Hopper更豐富的收入結構。”
The analyst raises the shipment estimate for NVL systems from around 52,000 to around 69,000 for 2025.
分析師將NVL系統的出貨量預估從大約52,000上調至約69,000。
"We expect additional NVL orders to enter the pipeline during the back half of this year, in a similar vein to the buildup observed over the past couple of months."
“我們預計，在今年下半年會有額外的NVL訂單進入流水線，類似於過去幾個月的積累。”
Each additional 5,000 NVL shipments in calendar 2025 could add around $9 billion in revenue and around 20 cents in earnings per share, the analyst noted.
分析師指出，每增加5,000個NVL出貨量，到2025年底，收入就會增加約90億美元，每股收益增加約20美分。
The new $150 price target is based on a price-to-earnings of 28x based on an estimated EPS of $5.25.
新的150美元價格目標是基於市盈率爲28倍，預計每股收益爲5.25美元。
NVDA Price Action: Nvidia shares are up 2.24% to $128.65 on Monday versus a 52-week trading range of $39.23 to $140.76. Nvidia stock is up 154% year-to-date in 2024 and up over 200% over the last year.
NVDA股價走勢:週一，英偉達股票上漲2.24%，報128.65美元，52周交易範圍爲39.23-140.76美元。英偉達的股票在今年迄今爲止上漲了154%，過去一年上漲了200%。
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Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。