Nvidia's Earnings Rise, 28.2% Upside Predicted
키 포인트:
- Nvidia's earnings reach $2.81, up 0.5% in a month
- Analysts predict 28.2% upside for Nvidia's stock
Nvidia's earnings for the current year have seen an increase of 0.5% over the past month, reaching $2.81. This increase is attributed to analysts' growing optimism about the company's earnings prospects.
Analysts are predicting a 28.2% upside for Nvidia based on short-term price targets. The average price target is $149.99, indicating a potential upside of 28.2%. The consensus among analysts about Nvidia's ability to report better earnings than previously predicted further strengthens the view of a potential upside in the stock.
The earnings estimate for the current year has also increased, providing a more conclusive indication of the stock's potential upside in the near term.