Nvidia Guidance Beats Expectations and Signals Upcoming Analyst Upgrades

16 days ago

Host

"Now, I'm not going to lie. I actually came to this earnings not expecting much. I was expecting actually the market to not really see much of a movement. So, to my surprise, I'm happy to get this beneficial win in this nice tailwind in the overall AI market. Now, we're going to look at some of the numbers, but overall, what I'm super excited is tomorrow when we wake up, I am certain that we're going to wake up with numerous numerous upgrades to Nvidia from price targets to buy ratings to saying that the stock is still undervalued because of the amount of revenue it project it got this quarter and more importantly the guidance."

The speaker outlines a positive reaction to Nvidia's earnings beat, emphasizing strong guidance and unexpected revenue results. He anticipates a wave of analyst upgrades, including increased buy ratings and higher price targets, suggesting that the market still undervalues Nvidia. The commentary underscores confidence in Nvidia's near-term prospects and potential for further upside.

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