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Nvidia Stock Price Target Boosted Ahead of Earnings Report
Nvidia Stock Price Target Boosted Ahead of Earnings Report
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BTCCSquare news:
Nvidia's upcoming Q2 FY 2026 earnings report on August 27 has investors on high alert, with expectations set for another strong performance. Analysts project revenues nearing $46 billion—a 50% year-over-year surge—driven by accelerating AI demand across hyperscalers and chipmakers.
The stock has rebounded sharply since April lows, gaining approximately 90% as market sentiment shifts. Wedbush analyst Matt Bryson highlights Nvidia's dominant position in AI server infrastructure: "Hyperscale investment growth disproportionately benefits NVDA as the primary supplier of AI server value."
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