Analysts Expect Strong Q1 Earnings from NVIDIA, Highlighted as Top AI Stock with Significant Growth Potential – NVIDIA (NASDAQ:NVDA) referred to as ‘Best Secular Idea in Technology’

Analysts Expect Strong Q1 Earnings from NVIDIA, Highlighted as Top AI Stock with Significant Growth Potential – NVIDIA (NASDAQ:NVDA) referred to as ‘Best Secular Idea in Technology’

NVIDIA Corporation is set to release its first quarter financial results after the markets close on Wednesday. Analysts are expecting the company to report first-quarter revenue of $24.60 billion, with earnings per share estimated at $5.58. Nvidia has a history of surpassing analysts’ revenue and earnings estimates in recent quarters. Nvidia’s guidance for first-quarter revenue … Read more

Are Wall Street Analysts Correct in Recommending Nutanix (NTNX) as a Strong Investment Opportunity?

Are Wall Street Analysts Correct in Recommending Nutanix (NTNX) as a Strong Investment Opportunity?

Investors often rely on recommendations from Wall Street analysts to guide their buying, selling, or holding decisions when it comes to stocks. The average brokerage recommendation (ABR) for Nutanix (NTNX) is currently 1.50, indicating a consensus between Strong Buy and Buy based on ratings from 14 brokerage firms. However, it’s important to consider the reliability … Read more

Opinions on IBM’s Acquisition of HashiCorp: Insights from Developers, Analysts, and Rivals

HashiCorp’s acquisition by IBM has sparked mixed reactions within the HashiCorp and OpenTofu communities. While IBM has stated that HashiCorp will remain independent post-acquisition, past experiences with IBM’s acquisitions in the IT world have led to skepticism among some community members. The decision by HashiCorp to adopt the Commercial Font License (BSL) instead of the … Read more

VMware (NYSE:VMW) Coverage Initiated by Analysts at StockNews.com

VMware (NYSE:VMW) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of VMware (NYSE:VMW – Get Free Report) in a research note issued to investors on Monday. The firm set a “strong-buy” rating on the virtualization software provider’s stock. Other equities analysts also recently issued reports about the stock. UBS Group upped their price objective on shares of … Read more

Analysts raise Broadcom price target following VMware deal completion, BofA says genAI the most attractive opportunity By Investing.com

Analysts raise Broadcom price target following VMware deal completion, BofA says genAI the most attractive opportunity By Investing.com

© Reuters. Analysts raise Broadcom price target following VMware deal completion, BofA says genAI the most attractive opportunity Analysts at UBS and BofA raised their price targets for Broadcom (NASDAQ:) in research notes on Tuesday. BofA’s analysts lifted their firm’s price target for the stock to $1,200 from $1,050 per share, reiterating a Buy rating … Read more

VMware, Inc. (NYSE:VMW) Given Consensus Recommendation of “Hold” by Analysts

VMware, Inc. (NYSE:VMW) Given Consensus Recommendation of “Hold” by Analysts

Shares of VMware, Inc. (NYSE:VMW – Get Free Report) have been assigned an average rating of “Hold” from the four research firms that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating. The average 12-month target price among analysts that have issued ratings on the stock in the … Read more

VMware Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call – VMware (NYSE:VMW)

VMware Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call – VMware (NYSE:VMW)

VMware, Inc. VMW is expected to report second-quarter results, after the closing bell on Aug. 31, 2023. Analysts expect the company to post quarterly earnings at $1.71 per share, up from year-ago earnings of $1.64 per share. The company’s revenue might come in at $3.46 billion, compared to $3.34 billion in the year-ago period. VMware … Read more