Analyst Joseph Moore Lifts Nvidia (NVDA) Price Target Before Earnings Report

Nvidia Corporation (Nasdaq:NvdaHe is one of Artificial intelligence analysts are closely watched. On August 18, Morgan Stanley reiterated the arrow as “overweight” and raised its target price on NVIDIA to $ 206 per share from $ 200. The classification comes before printing the division of the chips maker on August 27.

“The expectations have risen before NVIDIA profits, and we are really thinking. We expect a strong quarter and expectations, but we are a little measured in the current quarter – optimism focuses on what awaits us.” Joseph Moore analyst.

Moore highlighted the strong demand of NVIDIA customers beyond the “largest handful of the tunnels”.

“Three months ago, our positive view on the demand was more upward than consensus, and our view was that the show problems that will solve it are more difficult than consensus, but the consensus has risen on both. But we are still more optimistic about the chances of growth in the class in 2025 and the share share is close to 85 % in CY26, against all of the dilapidated and competing competition.”

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With this, in mind, the company has mixed $ 46.6 billion revenue for July, an increase of 45.2 billion dollars.

“How do we put this together in this quarter in this quarter? We represent the revenues of $ 46.6 billion in July, an increase of 45.2 billion dollars, and 52.5 billion dollars in October revenues for $ 51.3 billion. There is still a final demand, and the momentum must continue next year, an important factor when thinking about the shares.

NVIDIA Corporation (NASDAQ: NVDA) specializes in solutions driven by artificial intelligence, as it offers platforms for self -driving data, robots and cloud services.

While we acknowledge the capabilities of NVDA as an investment, we believe that some artificial intelligence shares provide greater potential in the upward direction and carry less negative risks. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.