Wall Street keeps raising price targets for sky-high Nvidia stock. Here’s why analysts are still so bullish.

Wall Street keeps raising price targets for sky-high Nvidia stock. Here’s why analysts are still so bullish.

Wall Street’s bullishness for Nvidia stock endures even as shares trade at record highs. Analysts are upbeat about the next-gen Blackwell chip and Nvidia’s web of enterprise partnerships. Bank of America and… Article Source https://markets.businessinsider.com/news/stocks/nvidia-stock-price-prediction-nvda-blackwell-demand-outlook-chips-ai-2024-10

Nvidia exceeds sky-high expectations and maintains AI-driven dominance for the foreseeable future

Nvidia exceeds sky-high expectations and maintains AI-driven dominance for the foreseeable future

Nvidia thrived in its latest earnings season, surpassing revenue and earnings expectations. CEO Jensen Huang’s optimistic outlook and robust revenue guidance highlighted the significance of AI chips in transforming data centers. Revenue for the first quarter of fiscal 2025 surged 262% year over year to $26.04 billion, surpassing analyst forecasts. Adjusted earnings per share also … Read more