By Shivani Kumaresan
Publication Date: 2025-11-13 14:33:00
Oppenheimer projects $54.7 billion in third-quarter revenue and $61.5 billion in fourth-quarter revenue, supported by the company’s new GB300 Ultra chips.
- Oppenheimer has raised its price target for Nvidia to $265 from $225.
- Rick Schafer said the company continues to benefit from ‘structural tailwinds’ across sectors.
- According to Fiscal AI data, analysts expect Nvidia to post a Q3 revenue of $54.8 billion and earnings per share of $1.25.
Nvidia’s relentless run and growth story has prompted another show of confidence from Wall Street. Oppenheimer has raised its price target for Nvidia Corp. (NVDA) to $265 from $225, reiterating its ‘Outperform’ rating ahead of the chipmaker’s quarterly earnings on November 19.
The move signals growing confidence that Nvidia will surpass Wall Street’s revenue and profit expectations, driven by continued demand for its artificial intelligence hardware.
AI Momentum And Market Leadership
Oppenheimer expects Nvidia to post stronger-than-anticipated results for its fiscal third (Q3) and fourth quarters (Q4), forecasting sales and earnings per share above consensus estimates, according to TheFly.
The firm projects $54.7 billion in Q3 revenue and $61.5 billion in Q4, supported by the company’s new GB300 Ultra chips and ongoing capital spending by major cloud providers eager to expand their AI infrastructure.
According to a CNBC report, analyst Rick Schafer said the company continues to benefit from ‘structural tailwinds’…
