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Nvidia Stock (NVDA) Gains Analyst Optimism Ahead of Q2 Earnings
Nvidia Stock (NVDA) Gains Analyst Optimism Ahead of Q2 Earnings
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BTCCSquare news:
Nvidia (NVDA) dominates Wall Street's attention as top analysts revise price targets upward before its Q2 FY26 earnings report on August 27. Consensus estimates project $1.01 EPS and $45.9 billion revenue, fueled by AI demand and easing U.S. export controls. KeyBanc's John Vinh raised his target to $215, citing strong July-quarter performance despite potential China-related headwinds.
Susquehanna's Christopher Rolland joins the bullish chorus, though details of his revised outlook remain undisclosed. The chipmaker's H20 and RTX6000D chips could unlock $2B-$3B in additional revenue if China approvals materialize—a variable not yet factored into guidance.
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