NVIDIA To $200? These Analysts Revise Price Targets On The Chip Maker Following Q3 Results-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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NVIDIA To $200? These Analysts Revise Price Targets On The Chip Maker Following Q3 Results

Benzinga2022-11-17

NVIDIA Corporation (NASDAQ:NVDA) posted weaker-than-expected . earnings for its third quarter, but topped sales expectations.

Nvidia reported third-quarter revenue of $5.93 billion, down 17% year-over-year. The revenue total beat a Street estimate of $5.77 billion. The company reported earnings per share of 58 cents in the quarter, down 50% year-over-year. Earnings per share missed a Street estimate of 69 cents per share.

NVIDIA said it sees Q4 revenue of $6 billion, plus or minus 2%. The Street estimate is $6.09 billion.

NVIDIA shares gained 0.7% to $160.25 in pre-market trading.

These analysts made changes to their price targets on NVIDIA after the company released quarterly results.

Deutsche Bank raised price target on Home Depot from $140 to $150. Deutsche Bank analyst Ross Seymore maintained a Hold rating on the stock.
Needham raised NVIDIA price target from $155 to $200. Needham analyst Rajvindra Gill maintained a Buy rating on the stock.
Mizuho lowered the price target on the stock from $205 to $200. Mizuho analyst Vijay Rakesh maintained the stock with a Buy.
Raymond James cut NVIDIA’s price target from $210 to $190. Raymond James analyst Melissa Fairbanks maintained the stock with a Strong Buy.

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CHG
·2022-11-17
such a bad results... it should be SELL.
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Raymond James analyst Melissa Fairbanks maintained the stock with a Strong Buy.</li>\n</ul>\n</body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NVIDIA To $200? 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The revenue total beat a Street estimate of $5.77 billion. The company reported earnings per share of 58 cents in the quarter, down 50% year-over-year. Earnings per share missed a Street estimate of 69 cents per share.\nNVIDIA said it sees Q4 revenue of $6 billion, plus or minus 2%. The Street estimate is $6.09 billion.\nNVIDIA shares gained 0.7% to $160.25 in pre-market trading.\nThese analysts made changes to their price targets on NVIDIA after the company released quarterly results.\nDeutsche Bank raised price target on Home Depot from $140 to $150. Deutsche Bank analyst Ross Seymore maintained a Hold rating on the stock.\nNeedham raised NVIDIA price target from $155 to $200. Needham analyst Rajvindra Gill maintained a Buy rating on the stock.\nMizuho lowered the price target on the stock from $205 to $200. Mizuho analyst Vijay Rakesh maintained the stock with a Buy.\nRaymond James cut NVIDIA’s price target from $210 to $190. Raymond James analyst Melissa Fairbanks maintained the stock with a Strong Buy.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9963281666,"gmtCreate":1668692530656,"gmtModify":1676538097952,"author":{"id":"4108530325156520","authorId":"4108530325156520","name":"CHG","avatar":"https://community-static.tradeup.com/news/df7b29a451befc915ba577c329fc0faa","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":7,"crmLevelSwitch":1,"idStr":"4108530325156520","authorIdStr":"4108530325156520"},"htmlText":"such a bad results... it should be SELL.","listText":"such a bad results... it should be SELL.","text":"such a bad results... it should be SELL.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963281666","repostId":2284762314,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}