Bullish Case: Strong demand for NVIDIA's GPUs in the server market coupled with rising average server prices bodes well for revenue growth[The Register]. NVIDIA's collaboration with Anyscale to speed AI development and boost AI security further cements the company's position in the AI space[blogs.nvidia.com].


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Bearish Case: There are market speculations about a potential bearish reversal pattern forming in NVIDIA's stock price which might lead to a downtick[seeitmarket.com]. Also, the company's CEO's recent divestment might reflect management's negative sentiment towards the company's future performance[finbold.com].


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Takeaway: NVIDIA appears to be well-positioned for future growth given its strong footing in GPU manufacturing and promising forays into AI. However, market dynamics such as increased competition and share price patterns may challenge the company's momentum.


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Potential Outcomes:

1. EPS growth due to increased demand for GPUs (~65% probability): Given the increasing reliance on GPUs for server functions and NVIDIA being a market leader, the company could see significant revenue and by extension, EPS growth[The Register].

2. Market share loss because of increased competition (~35% probability): The technology market is highly competitive and other players could rival NVIDIA's growth[cryptopolitan.com].


September 20, 2023


NVIDIA Forecast

[NVDA]  NVIDIA
Price Forecast: BULLISH    Price Action: FLAT



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