Nvidia still growing, but China uncertainty clouds outlook

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Go back to Nvidia still growing, but China uncertainty clouds outlook

Goldman Sachs First Take on NVIDIA (NVDA): 'We expect the stock to trade down modestly'

August 27, 2025 4:54 PM EDT

Goldman Sachs analyst James Schneider reiterated a Buy rating and $200.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Key stock takeaways: We expect the stock to trade down modestly following an in-line quarter and guidance against a backdrop of elevated expectations heading into the call, as we believe that the upside from Blackwell ramp has been largely contemplated in our and Street estimates. Management noted that it did not ship any H20 products to China in the quarter. On the conference call, we expect investors to focus on : (1) commentary on customer demand and any... More