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<Research>Citi Adds NVIDIA (NVDA.US) TP to US$210, Reaffirms Buy Rating
Citi published a research report, covering NVIDIA (NVDA.US), which reported revenue of US$46.7 billion for the second fiscal quarter ending in late July, with non-GAAP EPS of US$1....
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<Research>Citi Adds NVIDIA (NVDA.US) TP to US$210, Reaffirms Buy Rating
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Citi published a research report, covering NVIDIA (NVDA.US)      , which reported revenue of US$46.7 billion for the second fiscal quarter ending in late July, with non-GAAP EPS of US$1.04, surpassing the broker's expectations of US$45 billion and US97 cents. The gross margin guidance for the third fiscal quarter ending in late October stood at 73.5%, in alignment with the broker's forecast but topping street consensus by 70 bps.

The broker raised NVIDIA's EPS estimates for 2025 and 2026 by 2% and 10%, respectively, and increased the target price from US$190 to US$210, maintaining a Buy rating.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsISM Services PMI for Aug in United States is 52.0, higher than the previous value of 50.1. The forecast was 51.

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