🔮   Nvidia Will Likely Continue Its Bull Run Post-Earnings (Earnings Preview)

Investing

Nvidia Corporation (NASDAQ:NVDA) will be reporting Q2 ’25 earnings on August 28 after market close, bringing analysts to a divide between continued growth based on the H100 demand vs. a slowdown as a result of the delays in Blackwell. Despite the challenges voiced by systems integrators such as Super Micro Computer (SMCI), Nvidia’s performance may not entirely be dependent on the release of the B100 given that demand still outstrips supply of the H100 GPUs. Given these factors, I remain bullish on NVDA shares and reiterate my BUY rating with a price target of $165/share at 19.50x eFY26 price/sales.

seekingalpha.com     Aug 27, 2024