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Citi on NVIDIA (NVDA): 'we believe any updates ahead of the earnings call next week will help level set investor expectations'

August 23, 2024 11:57 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "According to its company blog published today (23-Aug-24), ahead of the annual Hot Chips conference next week, NVIDIA is planning to talk Blackwell with new... More

Melius on NVIDIA (NVDA): 'shares could march towards our $160 target pretty quickly'

August 23, 2024 8:02 AM EDT

Melius analyst Ben Reitzes reiterated a Buy rating and $160.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "Training Still Strong: Yes, we were concerned when we first heard about issues with the new Blackwell chips in the supply chain and from customers - that included commentary around a 3-month delay due to potential overheating, a design issue and some packaging issues. However, it seems volumes for Blackwell systems can still be quite strong in the April 25 quarter. Our checks right now indicate training of LLMs is still strong at big... More

NVIDIA (NVDA) PT Raised to $150 at Evercore ISI, 'our top Tectonic Shift in Computing pick'

August 23, 2024 5:10 AM EDT

Evercore ISI analyst Mark Lipacis raised the price target on NVIDIA (NASDAQ: NVDA) to $150.00 (from $145.00) while maintaining a Outperform rating.

The analyst comments "We continue to view NVDA as our top Tectonic Shift in Computing pick, with a full-stack ecosystem that... More

Rosenblatt on NVIDIA (NVDA): 'We expect Nvidia to beat and raise its July quarter print'

August 22, 2024 7:15 AM EDT

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating and $200.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "We expect Nvidia to beat and raise its July quarter print and October quarter outlook, with the wildcard being, how constrained the company is for Hopper platforms. The Blackwell ramp is really a 2025... More