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Analysts Are Bullish on Nvidia Stock Ahead of Earnings Next Week
NvidiaNvidia(US:NVDA) Investopedia·2024-11-13 05:15

Key TakeawaysMizuho analysts raised their price target for Nvidia ahead of earnings due out Nov. 20.The firm expects Nvidia to maintain its dominant market share in chips used in data centers for AI training.Analysts on average project Nvidia to report revenue growth of 82% year-over-year. Nvidia (NVDA) shares rose Tuesday after analysts at Mizuho raised their price target for the company’s stock ahead of its third-quarter results due next week. The firm upped its target from 140to140 to 165, slightly above th ...