Options Market Statistics: Nvidia's Shares Rise and Options Pop After Its 10-For-1 Stock Split
$NVIDIA Corp(NVDA)$
On Monday, NVIDIA shares experienced a price target adjustment by Barclays, following the company's 10-1 stock split which took effect after the market closed on Friday. The new price target has been set at $145, a significant change from the previous $1,200. This adjustment also maintains the firm's Overweight rating on the stock.
The stock split necessitated a revision of the share count and the resulting earnings per share (EPS), leading to the updated price target. Barclays has also revised upward its revenue expectations for NVIDIA for calendar year 2025/fiscal year 2026 to $157.1 billion.
This increase reflects an anticipated $25 billion in incremental AI product revenue from what is termed the Sovereign AI opportunity, which is expected to accelerate significantly in the next year.
$Apple(AAPL)$
Apple shares have been slipping during the first 40 minutes of the Apple WWDC keynote, amid a lack of news about the one thing everyone wants to hear about: artificial intelligence.
$Alphabet(GOOGL)$
@TigerStars @CaptainTiger @TigerWire @Daily_Discussion @Tiger_chat @Tiger_comments @MillionaireTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- BlithePullan·06-11Interesting split for NvidiaLikeReport