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Nvidia Stock (NVDA) Forecast: AI Analyst Bets on 20% Upside Ahead of Q2 Earnings
Nvidia Stock (NVDA) Forecast: AI Analyst Bets on 20% Upside Ahead of Q2 Earnings
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BTCCSquare news:
Nvidia's Q2 FY26 earnings report, due August 27, is drawing bullish sentiment as AI chip demand continues to surge. TipRanks' automated analysis projects a $213 price target—a potential 20% gain—bolstered by hyperscale investments and sovereign AI partnerships.
The chipmaker maintains an 84/100 'Outperform' rating, with GB300 shipments expected to drive double-digit revenue growth. While AI dominance remains the Core narrative, supply chain risks linger as the only notable bearish factor.
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