Nvidia stock price
Nvidia stock price
Nvidia stock price
News summary

Nvidia's stock has faced significant volatility, losing about 26% since peaking in June and down 18% recently, which analysts suggest may reflect an overvaluation amid AI hype. Despite a consensus estimate projecting a 110% EPS growth for Fiscal 2025, growth rates are expected to decline sharply in subsequent years, raising questions about the sustainability of bullish sentiment. Recent trading activity saw Nvidia's shares rise 1.5% amidst a broader semiconductor market recovery, even as analysts noted a marked decrease in trading volume. Analysts remain cautiously optimistic, with some raising price targets significantly; however, concerns about potential delays in the launch of new chips persist. Nvidia's upcoming Q2 earnings report on August 28 is anticipated to be a critical indicator for the tech sector, with expectations for strong revenue growth bolstered by increasing AI investments from major tech companies. Overall, while Nvidia appears fairly valued at around $150, the stock's short-term outlook remains uncertain amid mixed market signals.

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Nvidia Stock Could Pop To Record If Q2 Earnings Report Is Boffo
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Last Updated
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Nvidia Stock Could Pop To Record If Q2 Earnings Report Is Boffo

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