NVIDIA (NVDA) weakness likely not related to power hungry AI Chatbot - Mizuho O'Regan

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BMO Capital cuts estimates for NVIDIA (NVDA) on near term data center headwinds

February 21, 2023 11:04 AM EST

BMO Capital reiterated an Outperform rating on NVIDIA Corporation (NASDAQ: NVDA) and raised the price target on the stock to $240.00 (from $210.00) ahead of the tech companys 4Q23 earnings release. NVIDIA reports after the close on February 22 with a conference call to follow at 5:00 p.m..

Analyst, Ambrish Srivastava wrote in a note, Our research suggests an increasing weaker... More

Analysts mixed ahead of NVIDIA (NVDA) earnings

February 21, 2023 10:43 AM EST

NVIDIA (NASDAQ: NVDA) will report earnings for its latest quarter after the close on Wednesday, February 22, and analysts at Stifel, Rosenblatt Securities, and BMO Capital Markets are somewhat mixed on how the company performed and its potential outlook.

BMO's Ambrish Srivastava told investors in a note that they are lowering estimates heading into earnings.

The analyst lifted the firm's price target on the stock to $240 from $210 per share but stated that their research... More