Nvidia's rally takes a break after forecasts fall short of investor expectations
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Rosenblatt Reiterates Buy Rating on NVIDIA (NVDA)
August 29, 2024 7:38 AM EDTRosenblatt analyst Hans Mosesmann reiterated a Buy rating and $200.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "NVDA reported a solid beat and raise on Hopper generative AI and networking momentum, offset by slightly lower GMs in the outlook due to the start-up ramp of Blackwell... More
Melius Reiterates Buy Rating on NVIDIA (NVDA)
August 29, 2024 6:52 AM EDTMelius analyst Ben Reitzes reiterated a Buy rating and $165.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "$5 in EPS Power Still in Sight: "Whispers" going in were up to $500mm higher in terms of revenue for the quarter but it seems like the difference could be supply-driven and guidance implies a stronger trajectory into year-end (especially for 4Q). So gross margin will be the big concern coming out of the quarter - but the sacred view of $5.00... More
NVIDIA (NVDA) PT Raised to $145 at Needham
August 29, 2024 6:27 AM EDTNeedham analyst Rajvindra Gill raised the price target on NVIDIA (NASDAQ: NVDA) to $145.00 (from $120.00) while maintaining a Buy rating.
The analyst comments "NVIDIA delivered another strong beat and raise quarter, with results well above our estimates and inline with more bullish buy-side... More
Summit Insights Reiterates Buy Rating on NVIDIA (NVDA)
August 29, 2024 5:52 AM EDTSummit Insights analyst Kinngai Chan reiterated a Buy rating on NVIDIA (NASDAQ: NVDA).
The analyst comments "Clearly, the gross margin outlook for its October and January quarters is a disappointment. We think this mask step change on its upcoming "Blackwell" GPU could... More
Edward Jones Reiterates Hold Rating on NVIDIA (NVDA), 'We think the stock appropriately reflects our optimistic growth outlook and is appropriately valued'
August 29, 2024 5:46 AM EDTEdward Jones analyst Logan Purk reiterated a Hold rating and {REMOVEPT} price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "NVIDIA is the leading provider of high-performance graphics processing units (GPUs) globally. Management has executed well, establishing the company at the epicenter of the... More
