Nvidia price targets raised ahead of Q2 earnings

Analysts lift price targets for Nvidia ahead of its Q2 earnings as AI demand and regulatory issues shape the outlook.

Nvidia stock set for upside as analysts lift targets ahead of Q2 earnings

Nvidia is back in the spotlight as Wall Street analysts lift price targets ahead of its Q2 earnings report on August 27. The upbeat mood rests on booming AI demand, Nvidia's dominance in the chip market, and easing U.S. export rules. Analysts expect Nvidia to report earnings of $1.01 per share on revenue of $45.87 billion in the upcoming quarter.

KeyBanc's John Vinh raises the price target to 215 dollars from 190 while keeping a Buy rating, noting the forecast may exclude China sales due to license delays. Susquehanna's Christopher Rolland lifts his target to 210 from 180 with a Buy rating, citing momentum in the data center business. TipRanks shows Nvidia with a Strong Buy consensus and about 12% upside to a price around 196.65 dollars.

The optimism hinges on a AI cycle that Nvidia helped catalyze. Yet the upside rests on several moving parts: licensing for China, export rules, and the pace of data center demand. The price targets rising before earnings show the market pricing in a beat, but they also raise the bar for guidance.

If the company delivers in line with the numbers, the stock could extend its rally. If not, traders may reprice risk quickly. The real story is how Nvidia balances growth with risk as regulators and competitors press in.

Highlights

The earnings release will test whether momentum translates into durable gains.