COINTURK FINANCECOINTURK FINANCECOINTURK FINANCE
  • Investing
  • Technology News
  • Business
  • Fintech
  • Startup
  • About Us
  • Contact
Search
Health
  • About Us
  • Contact
Entertainment
  • Investing
  • Business
  • Fintech
  • Startup
© 2024 BLOCKCHAIN IT. >> COINTURK FINANCE
Powered by LK SOFTWARE
Reading: Nvidia Reports Strong Quarterly Earnings, Analysts Adjust Price Targets
Share
Font ResizerAa
COINTURK FINANCECOINTURK FINANCE
Font ResizerAa
Search
  • Investing
  • Technology News
  • Business
  • Fintech
  • Startup
  • About Us
  • Contact
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK FINANCE
Powered by LK SOFTWARE
Track all markets on TradingView
COINTURK FINANCE > Investing > Nvidia Reports Strong Quarterly Earnings, Analysts Adjust Price Targets
Investing

Nvidia Reports Strong Quarterly Earnings, Analysts Adjust Price Targets

Overview

  • Nvidia’s revenue reached $39.33 billion, surpassing analyst expectations.

  • The datacenter segment contributed $35.6 billion, driven by Blackwell sales.

  • Wall Street analysts revised price targets, maintaining a positive outlook on the stock.

COINTURK FINANCE
COINTURK FINANCE 7 months ago
SHARE

Nvidia (NASDAQ:NVDA) delivered a strong financial performance in its latest quarterly earnings, exceeding market expectations. The company’s revenue and profit figures outpaced analyst forecasts, prompting Wall Street to revise stock price projections. While Nvidia’s stock experienced a slight drop following the announcement, market analysts are closely examining the company’s growth trajectory. Investors are evaluating the impact of Nvidia’s latest AI advancements and its expanding datacenter business.

Contents
How Did Nvidia Perform This Quarter?What Are Analysts Saying About Nvidia’s Stock?

Nvidia has consistently reported strong financial results in recent quarters, with its revenue and earnings surpassing estimates. The company’s datacenter segment has shown rapid growth, driven by increasing demand for AI chips. Compared to previous reports, Nvidia’s latest earnings highlight an acceleration in sales, particularly with the Blackwell product line. Analysts have historically adjusted their forecasts higher following the company’s earnings releases, and the latest report continues this trend.

How Did Nvidia Perform This Quarter?

Nvidia reported revenue of $39.33 billion for the quarter, surpassing the $38.05 billion expected by analysts. This marks a 78% increase from the same period last year. The company’s earnings per share reached $0.89, exceeding the anticipated $0.84. Nvidia’s datacenter business generated $35.6 billion in revenue, reflecting a 93% increase year-over-year. The Blackwell product line contributed significantly to this growth, as it has become the fastest product rollout in the company’s history.

Colette Kress, Nvidia’s Chief Financial Officer, commented on the company’s performance, stating,

“another record quarter”

. Jensen Huang, Nvidia’s CEO, emphasized the growing demand for AI models and advanced computing power, saying,

“The more the model thinks, the smarter the answer”

. He also discussed upcoming products such as Blackwell Ultra and the Vera Rubin architecture, which are expected to drive future growth.

What Are Analysts Saying About Nvidia’s Stock?

Following the earnings report, financial analysts provided updated assessments of Nvidia’s stock. Bernstein increased its price target to $185, citing strong datacenter revenue growth. Bank of America adjusted its target to $200, highlighting the success of Blackwell sales. Citi maintained a Buy rating, pointing to the company’s continued demand for inference models. JPMorgan reaffirmed its Overweight rating at $170, noting that Nvidia’s product shipments are expected to increase in the coming quarters. Morgan Stanley also raised its target, maintaining a favorable outlook on Nvidia’s market position.

Bank of America described Nvidia as a leader in AI technology, stating,

“Nvidia remains in a dominant position leading the AI market”

. Citi acknowledged short-term challenges such as tariffs but maintained confidence in Nvidia’s long-term trajectory. JPMorgan highlighted Nvidia’s expansion pace, stating,

“Blackwell shipments are expected to ramp higher”

. Analysts generally agree that the company is well-positioned for continued revenue growth.

Nvidia’s recent earnings report indicates continued strength in its AI and datacenter businesses. The company has managed to maintain high revenue growth despite market fluctuations. Analysts remain optimistic about Nvidia’s future, though some express concerns about short-term supply chain and regulatory challenges. Investors are watching Nvidia’s next product releases closely, as they could influence future financial performance. Given the increasing demand for AI technology, Nvidia’s market position remains significant.

You can follow our news on Telegram and Twitter (X)
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Investors Rally Behind AI as Key Driver in Venture Capital Strategies

Fed Rate Cuts Influence Housing Market Prospects

Dividend Stocks Deliver Attractive Options for Passive Income Seekers

Spotify Installs Co-CEOs, Reshaping Its Leadership Structure

CoreWeave Secures Major AI Deals with Meta and OpenAI

Share This Article
Facebook Twitter Copy Link Print
Previous Article AI Tool Squire Reduces Administrative Tasks for Doctors
Next Article Student Loan Borrowers Face Credit Score Drop as Delinquencies Rise
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

AI Infrastructure Startup Nscale Secures $433 Million in Rapid Funding Boost
COINTURK FINANCE COINTURK FINANCE 27 minutes ago
Mastercard Expands Personalized Advertising with New Digital Media Network
COINTURK FINANCE COINTURK FINANCE 28 minutes ago
Investors Flood Nscale with $433M Pre-Series C Funding
COINTURK FINANCE COINTURK FINANCE 1 hour ago
Dott Expands E-bike Fleet in Paris with New Segway Model
COINTURK FINANCE COINTURK FINANCE 1 hour ago
SeaBeLife Gains €2 Million to Propel Drug Development
COINTURK FINANCE COINTURK FINANCE 2 hours ago
//

COINTURK was launched in March 2014 by a group of tech enthusiasts focused on the internet and new technologies.

CATEGORIES

  • Investing
  • Business
  • Fintech
  • Startup

OUR PARTNERS

  • COINTURK NEWS
  • BH NEWS
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Contact
COINTURK FINANCECOINTURK FINANCE
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK FINANCE
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?