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Nvidia will announce its earnings next week! The Blackwell cycle may continue to drive performance higher, with Wall Street collectively raising the target price.
Analysts generally believe that the current development of AI applications is still in the early stages, and the Blackwell cycle will continue to drive nvidia's performance higher. Credit Suisse expects that the new Blackwell product line will boost company revenue in the January quarter, with sales expected to be between $5 billion and $6 billion.
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On November 13, Nvidia CEO Huang Renxun announced at the Nvidia Japan Summit that they will partner with SoftBank to build AI infrastructure in Japan, including Japan's largest AI factory.
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Nvidia's stock price can rise another 26%, analysts say: "iPhone moment" is about to strike!
① The well-known Wall Street investment institution Melius Research states that investors should continue to hold nvidia, as the company's next-generation Blackwell GPU will become a watershed; ② Melius has raised nvidia's target stock price to $185, which represents an increase of about 26% from the current level.
Express News | Oppenheimer raised the target price of nvidia from $150 to $175.
Express News | Nvidia Corp : Oppenheimer Raises Target Price to $175 From $150