Is the next $1,400? "Too good to be true" Nvidia sees a series of target price upgrades.
This article uses auto-translation in some parts.
"The Emperor of AI" $NVIDIA (NVDA.US)$continues to soar.
On May 23rd, stimulated by better-than-expected earnings, Nvidia's stock surpassed $1,000, soared nearly 10%, and the market value reached $2.57 trillion. Following the earnings release, analysts have been raising Nvidia's target stock price one after another.
On May 23rd, stimulated by better-than-expected earnings, Nvidia's stock surpassed $1,000, soared nearly 10%, and the market value reached $2.57 trillion. Following the earnings release, analysts have been raising Nvidia's target stock price one after another.
After Wednesday's close, Nvidia released its latest quarterly report. Revenue increased by 18% compared to the previous quarter and grew by 262% compared to the same period last year to $26 billion.a 262% increase compared to the same period last year, reaching 26 billion dollars in net profit.The net profit is dollars.14.8 billion 80 million dollars, an increase of 628% compared to the same period last year.The sales for the second quarter were dollars.Compared to market expectations of 26.6 billion dollars, it reached 28 billion dollars.And it is expected.
The company also announced a stock split of 10 shares for every 1 share on June 7, 2024, and a quarterly cash dividend of 0.01 dollars per share after the split. All major financial indicators exceeded analysts' expectations.
The company also announced a stock split of 10 shares for every 1 share on June 7, 2024, and a quarterly cash dividend of 0.01 dollars per share after the split. All major financial indicators exceeded analysts' expectations.
Chris Senyeck, an analyst at War Research, said in the report, "While the growth in revenue and profits may be lower than in recent quarters, our main concern is the earnings outlook for the second quarter of 2025. As long as it exceeds analysts' expectations, NVIDIA will continue to be a key driver of the US stock market as a whole.an important driver of the entire US stock market.であり続けるだろう」と指摘した。
「Blackwellへの移行を控え、Hopperへの需要が引き続き旺盛であることから、エヌビディアは今期も好調なアウトパフォームと業績の上方修正を見込んでいる」 とモルガン・スタンレーのジョセフ・ムーア氏も同様に楽観的だ。
このような楽観的な予想を支えているのは、大規模言語モデルをサポートするエヌビディアのH100Hopperチップと、間もなく登場する最新のBlackwellグラフィックプロセッサである。この新しいチップに対する需要は供給を上回る可能性がある。
金融調査会社Bairdのアナリスト、Tristan Gerra氏は、エヌビディアの2025年のGPU出荷台数とデータセンターの見通しについて、今年は約4.7 million台、来年は6 million台以上出荷されるとの予測を上方修正した。 一方、Loop Capital Capitalのアナリスト、Ananda Baruah氏は、エヌビディアのGPUビジネスチャンスは2024年には150 billionドルに達し、来年には160 billionドルから200 billionドルに達する可能性があると予測している。
Due to the revised performance outlook, several analysts are ahead of the earnings reportsNvidia's target stock price has been raised.Mr. Gera raised the target stock price from $1050 to $1200.
Furthermore, Morgan Stanley raised Nvidia's target stock price from $1,000 to $1,160, Wells Fargo from $1,150 to $1,250, and Goldman Sachs from $1,100 to $1,200. Rosenblatt's analyst kept the target stock price at $1400.maintained at $1400.
However, some analysts are concerned about the potential delays in purchases as Nvidia's Blackwell chip production begins and customers may postpone purchases to acquire more advanced technology.concerns about the slowdown in growth from the previous quarter and the 'air pockets' in year-end revenueVivek Arya of Bank of America expects that this scenario could lead to a short-term slowdown during the transition period. Arya also pointed out that in the first quarter, the quarterly revenue growth rate fell into the single digits for the first time, which could boost Nvidia's stock price.
金融調査会社Bairdのアナリスト、Tristan Gerra氏は、エヌビディアの2025年のGPU出荷台数とデータセンターの見通しについて、今年は約4.7 million台、来年は6 million台以上出荷されるとの予測を上方修正した。 一方、Loop Capital Capitalのアナリスト、Ananda Baruah氏は、エヌビディアのGPUビジネスチャンスは2024年には150 billionドルに達し、来年には160 billionドルから200 billionドルに達する可能性があると予測している。
Due to the revised performance outlook, several analysts are ahead of the earnings reportsNvidia's target stock price has been raised.Mr. Gera raised the target stock price from $1050 to $1200.
Furthermore, Morgan Stanley raised Nvidia's target stock price from $1,000 to $1,160, Wells Fargo from $1,150 to $1,250, and Goldman Sachs from $1,100 to $1,200. Rosenblatt's analyst kept the target stock price at $1400.maintained at $1400.
However, some analysts are concerned about the potential delays in purchases as Nvidia's Blackwell chip production begins and customers may postpone purchases to acquire more advanced technology.concerns about the slowdown in growth from the previous quarter and the 'air pockets' in year-end revenueVivek Arya of Bank of America expects that this scenario could lead to a short-term slowdown during the transition period. Arya also pointed out that in the first quarter, the quarterly revenue growth rate fell into the single digits for the first time, which could boost Nvidia's stock price.
Timothy Arcuri, an analyst at UBS, said, "Although we may not be able to answer these concerns in this earnings call, based on recent discussions with customers and the movement of the supply chain, these concerns seem to be exaggerated, and at least until the end of the year, the shortage of Hopper chips is expected to continue."
Source: Bloomberg, moomoo
ーmoomoo News Evelyn
This article uses auto-translation in some parts.
ーmoomoo News Evelyn
This article uses auto-translation in some parts.
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wwolfvct : Hey hey, stop kidding
賢いネバー : At 1500.