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KeyBanc lowered its fiscal fourth quarter sales guidance for Nvidia to $37.7 billion from $40 billion and its earnings outlook to $0.83 per share from its prior guidance of $0.88 per share.
Still, there is plenty of upside to Nvidia's stock long term, contends Arya. Wall Street more broadly would agree — Yahoo Finance data shows 94% of sell-side analysts rate Nvidia's stock at a ...
Nvidia stock fell more than 6% to close at $118.11 per share on Monday as investors rotated out of the hottest AI play of the year.The session marked the third consecutive day of losses for shares ...
If Nvidia were an all-night party, this would be 10 p.m., argues Wedbush analyst Dan Ives. ... Arya reiterated a Buy rating and $190 price target. ... Yahoo Finance Executive Editor Brian Sozzi ...
Bank of America reiterated a buy rating on Nvidia stock and raised its price target to $190, implying its market cap could explode to $4.7 trillion.
That is just the latest leg of an incredible run that has seen the company's share price soar almost 860% since the beginning of 2023, and more than 2,650% over the last five years.
Despite the amazing earnings performance, Nvidia's share price dropped slightly after the report's release. Investors were disappointed and seemed to have expected a stronger performance.
Shares of the leading AI chipmaker rose over 4% to close at $143.71 per share. ... firm CFRA raised its price target for Nvidia last week from $139 to $160. Overall, analysts see shares rising to ...