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UBS Analyst Raises Nvidia Price Target to $205 Ahead of Q2 Earnings
UBS Analyst Raises Nvidia Price Target to $205 Ahead of Q2 Earnings
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BTCCSquare news:
Nvidia Corp (NVDA) is poised to report its second-quarter 2026 results on August 27, with Wall Street analysts adjusting their forecasts. UBS's Timothy Arcuri increased his price target to $205 from $175, maintaining a Buy rating and citing robust demand signals. Nvidia shares closed at $175.40, suggesting a 17% upside potential.
Recent quarterly results showed revenue of $44.06 billion and profit of $18.78 billion, up from $26.04 billion and $14.88 billion year-over-year. Arcuri anticipates another earnings beat, projecting revenue $1 billion above consensus. Data center growth, driven by Nvidia's GB200 and GB300 chips, remains a key tailwind.
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