离火大运
11-19 15:32
$NVIDIA Corp(NVDA)$  NVIDIA (NASDAQ: NVDA) has been a standout performer in the stock market this year, with its shares surging by an impressive 196%. As the company gears up to announce its fiscal 2025 third-quarter results on November 20, 2024, there are strong indicators that NVIDIA could hit the $150 mark. Here's why:

Strong Earnings History

In its previous earnings report, NVIDIA exceeded expectations with an earnings per share (EPS) of $0.68, surpassing the consensus estimate of $0.64. The company also reported a remarkable 122% year-over-year revenue growth, reaching $30.0 billion. This consistent outperformance has built investor confidence in NVIDIA's ability to deliver strong results.

Positive Guidance

NVIDIA has provided optimistic guidance for the upcoming quarter, signaling continued growth driven by robust demand for its AI graphics processing units (GPUs). The company's guidance has historically been accurate, further bolstering investor expectations.

Market Position and Growth Potential

NVIDIA dominates the high-end GPU market, particularly in data centers supporting AI technology. With the ongoing expansion of AI applications, NVIDIA's market position is expected to strengthen, driving further revenue and profit growth.

Analysts' Optimism

Analysts remain bullish on NVIDIA's prospects, with many predicting continued revenue and earnings growth. The company's strong performance in previous quarters has set a high bar, but NVIDIA has consistently met and exceeded expectations.

Conclusion

Given NVIDIA's track record of exceeding earnings expectations, positive guidance, and strong market position, it's reasonable to expect that the company could hit the $150 mark on its next earnings report. Investors will be closely watching the results, and any positive surprises could provide the momentum needed to reach this milestone.

Nvidia Rebound: Still a Long Term Bet?
Nvidia drop 2% despite exceeding expectations for the third quarter and providing strong guidance. Nvidia posted 81 cents in adjusted earnings per share and $35.08 billion in revenue. Analysts surveyed by LSEG were expecting 75 cents in earnings per share and $33.16 billion in revenue. ----------------- What's your target price for Nvidia? Head to $130 or $140 this week?
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