Asian stocks retreat as China rally cools, Hong Kong slammed by tech rout

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NVIDIA (NVDA) PT Raised to $1,100 at Argus

May 23, 2024 7:26 AM EDT

Argus analyst Jim Kelleher raised the price target on NVIDIA (NASDAQ: NVDA) to $1,100.00 (from $950.00) while maintaining a Buy rating.

The analyst comments "Reaffirming BUY and raising target price to $1,100. Nvidia meaningfully exceeded aggressive consensus estimates for fiscal 1Q25, with revenue blowing by the... More

HSBC Reiterates Buy Rating on NVIDIA (NVDA)

May 23, 2024 6:09 AM EDT

HSBC analyst Frank Lee reiterated a Buy rating and $1,350.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "NVIDIA's 1Q25 (Jan YE) sales of USD26bn beat consensus of USD24.7bn but were in-line with our estimate of USD26bn, along with... More

NVIDIA (NVDA) PT Raised to $1,250 at Wolfe Research

May 23, 2024 5:29 AM EDT

Wolfe Research analyst Chris Caso raised the price target on NVIDIA (NASDAQ: NVDA) to $1,250.00 (from $1,200.00) while maintaining a Outperform rating.

The analyst comments "NVDAs report came in as we had expected, a strong report with ~5% upside to JulQ revenue guidance vs.... More

NVIDIA (NVDA) PT Raised to $1,320 at BofA Securities

May 23, 2024 5:20 AM EDT

BofA Securities analyst Vivek Arya raised the price target on NVIDIA (NASDAQ: NVDA) to $1,320.00 (from $1,100.00) while maintaining a Buy rating.

The analyst comments "Reiterate Buy, top sector pick on NVDAs unparalleled combination of: 1) turnkey system design that we think can sustain 80%+... More

NVIDIA (NVDA) PT Raised to $1,000 at Deutsche Bank

May 23, 2024 5:12 AM EDT

Deutsche Bank analyst Ross Seymore raised the price target on NVIDIA (NASDAQ: NVDA) to $1,000.00 (from $850.00) while maintaining a Hold rating.

The analyst comments "One year after one of the most stunning beats/raises in market history, NVDA delivered another now-trademark multi-billion... More

NVIDIA (NVDA) PT Raised to $900 at DA Davidson

May 23, 2024 5:10 AM EDT

DA Davidson analyst Gil Luria raised the price target on NVIDIA (NASDAQ: NVDA) to $900.00 (from $620.00) while maintaining a Neutral rating.

The analyst comments "NVIDIA reported strong 1Q25 earnings exceeding expectations across the board. We continue to believe that this year NVIDIA will... More

Market Intelligence Analyst Adam Crisafulli of Vital Knowledge Reacts to NVIDIA (NVDA) Earnings: 'dividend is so low it’s a wonder why they pay one at all'

May 22, 2024 4:58 PM EDT

Respected Analyst Adam Crisafulli of Vital Knowledge Reacts to NVIDIA (NASDAQ: NVDA) Earnings.

The analyst comments "NVDA (Nvidia) reported upside in FQ1, including sales +262% Y/Y to $26B (vs. the Street $24.69B) and EPS +461% Y/Y to 6.12 (vs. the Street 5.65). The critical Data Center unit saw sales surge 427% Y/Y to $22.6B (about $1.5B above the Streets $21.1B forecast). Within Data Center, Compute spiked 478% to $19.39B while Networking rose 242% to $3.1B. Strong sequential Data Center growth was driven by all customer types, led by Enterprise and Consumer Internet companies. Large cloud... More

Citi Out First to Recap NVIDIA (NVDA) Earnings

May 22, 2024 4:51 PM EDT

Citi analyst Atif Malik reiterated a Buy rating and $1,030.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Fundamentals: NVDA reported Apr-Q revs/non-GAAP EPS (ex-SBC) of $26B/$6.12 vs. our $24B/$5.39 and Streets (FactSet) $24.6B/$5.60 and guided Jul-Q revenue to $28B (at MP) vs. our $27.5B and Streets $26.6B. Higher Hopper GPU... More

Li Auto Inc (2015:HK) (LI) PT Lowered to HK$205 at Morgan Stanley

May 21, 2024 12:43 PM EDT

Morgan Stanley analyst Tim Hsiao lowered the price target on Li Auto Inc (2015:HK) (NASDAQ: LI) to HK$205.00 (from HK$233.00) while maintaining a Overweight rating.

... More

Li Auto (LI) PT Lowered to $53 at Morgan Stanley

May 21, 2024 12:42 PM EDT

Morgan Stanley analyst Tim Hsiao lowered the price target on Li Auto (NASDAQ: LI) to $53.00 (from $65.00) while maintaining a Overweight rating.

The analyst comments "We lower our price target to US$53, from US$65, but remain OW as we believe the... More

NVIDIA (NVDA) PT Raised to $1,100 at CFRA

May 21, 2024 11:51 AM EDT

CFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $1,100.00 (from $1,000.00) while maintaining a Buy rating.

The analyst comments "We up our 12-month target to $1,100 from $1,000, on a P/E of 35x our CY 25 EPS view, above peers but below... More