1. Analysts maintain buy ratings for NVDA. Earnings caution persists. 2. NVDA transitions to Blackwell while selling Grace/Hopper chips. Limited Blackwell supply observed. 3. Analysts predict $1.8B revenue beat this quarter. Targets between $175 and $204. 4. DeepSeek news raises slight concerns over older NVDA chips. AI capex plans offset worries.
The combination of anticipated revenue beats, attractive valuation, and supportive analyst commentary suggests a bullish impact. Historical quarters where positive earnings surprises offset initial concerns bolster this view.
The detailed earnings preview, combined with supply transition insights and robust analyst targets, makes this news highly relevant for NVDA. Its implications on both immediate and future performance raise its significance.
The gradual transition to the Blackwell platform and expected ramp-up into mid-2025 point to longer-term benefits. Continued strong AI capex and evolving product mixes further support sustained gains.