NVIDIA Drops After Missing Q3 Forecast Estimates, Analysts Positive on Near-term Positive Catalyst

NVIDIA (NVDA) PT Lowered to $200 at Susquehanna

Susquehanna analyst Christopher Rolland lowered the price target on NVIDIA (NASDAQ: NVDA) to $200.00 (from $210.00) while maintaining a Positive rating following earnings.

The analyst commented, "After the close NVIDIA reported results in-line with their pre-announcement, but missed Street expectations for 3Q. The primary culprit was Gaming, which management suggested was affected by macro headwinds, including a weaker EU, China and ban to Russia. In addition, we have been vocal about the growing risks from: 1) the WFH PC/GPU Hangover and macro-related headwinds; 2) Ethereums upcoming move to Proof of Stake; and 3) bloated channel inventory... More

NVIDIA (NVDA) PT Lowered to $280 at Jefferies; Buyers on Weakness

Jefferies analyst Mark Lipacis lowered the price target on NVIDIA (NASDAQ: NVDA) to $280.00 (from $378.00) while maintaining a Buy rating following results, saying they are buyers on weakness.

The analyst commented, "We're buyers of NVDA after it's 3rd cut in 3 months, as we believe the 40%... More

NVIDIA (NVDA) PT Lowered to $225 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh lowered the price target on NVIDIA (NASDAQ: NVDA) to $225.00 (from $250.00) while maintaining a Buy rating.... More

NVIDIA (NVDA) PT Lowered to $210 at Raymond James

Raymond James analyst Chris Caso lowered the price target on NVIDIA (NASDAQ: NVDA) to $210.00 (from $240.00) while maintaining a Strong Buy rating.... More

NVIDIA (NVDA) PT Lowered to $135 at Baird

Baird analyst Tristan Gerra lowered the price target on NVIDIA (NASDAQ: NVDA) to $135.00 (from $150.00) while maintaining a Neutral rating.... More

NVIDIA (NVDA) PT Lowered to $190 at Barclays

Barclays analyst Blayne Curtis lowered the price target on NVIDIA (NASDAQ: NVDA) to $190.00 (from $200.00) while maintaining a Overweight rating.... More

UPDATE: NVIDIA (NVDA) PT Lowered to $162 at Goldman Sachs

(Updated - August 25, 2022 6:11 AM EDT)

Goldman Sachs analyst Toshiya Hari lowered the price target on NVIDIA (NASDAQ: NVDA) to $162.00 (from $166.00) while maintaining a Neutral rating.

The analyst comments "Nvidia reported FY2Q (July) results that were largely consistent with its 8/8 negative pre-announcement; FY3Q (October) guidance of $5.9bn in revenue... More

NVIDIA (NVDA) PT Lowered to $248 at Citi

Citi analyst Atif Malik lowered the price target on NVIDIA (NASDAQ: NVDA) to $248.00 (from $285.00) while maintaining a Buy rating.... More

NVIDIA (NVDA) PT Lowered to $220 at JPMorgan

JPMorgan analyst Harland Sur lowered the price target on NVIDIA (NASDAQ: NVDA) to $220.00 (from $230.00) while maintaining a Overweight rating.... More