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Nvidia Stock Retreats After Big Gain. This Analyst Says Earnings Will Be Strong. - Barron's

1. Nvidia shares fell 0.9% after a strong opening this week. 2. Analysts expect revenue slightly above estimates despite EPS lower than consensus. 3. UBS lowered Nvidia's price target to $175 due to chip export bans. 4. Semiconductor stocks benefited from reduced U.S.-China tariffs for 90 days. 5. Nvidia set to report earnings on May 28, indicating future performance.

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FAQ

Why Bearish?

Nvidia's stock is down 8% this year, and analysts are cautious about EPS.

How important is it?

The changes in tariffs and EPS forecasts are critical to Nvidia's near-term prospects.

Why Short Term?

Upcoming earnings report on May 28 will clarify market expectations.

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