Form 8-K NVIDIA CORP For: Nov 07
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Go back to Form 8-K NVIDIA CORP For: Nov 07
November 11, 2024 4:03 PM EST
Mizuho analyst Vijay Rakesh raised the price target on NVIDIA (NASDAQ: NVDA) to $165.00 (from $140.00) while maintaining a Outperform rating.
The analyst comments "Inline JanQ expectations - but strong C25E outlook. For the JanQ, while GB200 is expected to ramp late in the quarter, we believe in the Dec/Jan time frame, we are looking for in-line JanQ guidance of $36.7B ($36.7B consensus), with, we believe, buy-side expectations in the $36-39B range. Data Center expected to grow 131%/47% y/y in F25/26E. While NVDA has noted... More
November 11, 2024 6:02 AM EST
Melius analyst Ben Reitzes raised the price target on NVIDIA (NASDAQ: NVDA) to $185.00 (from $165.00) while maintaining a Buy rating.
The analyst comments "Still Attractive on PE to Growth - Target to $185 from $165: Even with a decelerating growth rate on huge numbers, Nvidia's CY2025 PEG ratio stands at about 0.8x on our estimates. This ratio is 33% less than Broadcoms and the lowest in the Mag 7 by a wide margin. We have higher conviction in our... More
