On Nov 22, major Wall Street analysts update their ratings for $NVIDIA (NVDA.US)$, with price targets ranging from $164 to $220.
TD Cowen analyst Joshua Buchalter maintains with a buy rating, and adjusts the target price from $165 to $175.
Loop Capital analyst Ananda Baruah maintains with a buy rating, and maintains the target price at $175.
Oppenheimer analyst Rick Schafer maintains with a buy rating, and maintains the target price at $175.
Stifel analyst Ruben Roy maintains with a buy rating, and maintains the target price at $180.
Wedbush analyst Matt Bryson maintains with a buy rating, and adjusts the target price from $160 to $175.
Furthermore, according to the comprehensive report, the opinions of $NVIDIA (NVDA.US)$'s main analysts recently are as follows:
The company delivered another outstanding quarter that exceeded expectations. Analysts noted that Nvidia's performance is impressively strong and shows significant growth in comparison to historical data, yet this optimistic outlook is already accounted for in its current share value.
Nvidia surpassed quarterly expectations with robust performance in data center compute activities, which compensated for a surprising drop in data center networking. Despite a Q4 revenue outlook that met expectations and immediate gross margin challenges linked to Blackwell expected to continue through the April quarter, there is anticipation of increased demand for artificial intelligence infrastructure across various customer groups. Furthermore, improvements in supply and a normalization in gross margins in the latter half of 2025 are projected to foster robust sequential earnings growth and lead to positive revisions in analyst expectations throughout the following year.
Nvidia reported October quarter results that surpassed consensus estimates and, from a higher revenue base, forecasted a 7% sequential increase for the January quarter, aligning with consensus yet slightly trailing market expectations. Analysts highlight that Nvidia maintains a significant lead over competitors with its advanced silicon, hardware, and software platforms, and they consider the earnings report robust due to ongoing demand for artificial intelligence.
Following Nvidia's Q3 report, it was highlighted that the 'modest' guidance and gross margin commentary are positioning the next two quarters more favorably as the company emphasizes on ramping up Blackwell. It was noted that Nvidia is excelling in its transition.
The firm noted that Nvidia's results were somewhat more modest than previous quarters due to supply constraints, yet they still surpassed expectations, maintaining a pattern familiar to investors. While there were minor concerns regarding the scale and margins, the overall sentiment is positive as the new leadership phase commences.
Here are the latest investment ratings and price targets for $NVIDIA (NVDA.US)$ from 16 analysts:
Note:
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