Nvidia Price Prediction Ahead of Q1 Earnings
Nvidia is set to report its fiscal Q1 earnings on May 28, and despite macro headwinds and a dip in stock performance, analysts remain firmly optimistic.
The chipmaker is projected to post over $43 billion in revenue—up more than 65% year-over-year—driven by its commanding lead in AI hardware. Net income is expected to exceed $21 billion. Shares have recently hovered around $131, slipping just 5% since the start of the year, but staying above key support levels.
While tensions with China remain a concern—potentially slashing $15 billion in revenue—analysts argue that Nvidia’s global AI dominance, product momentum, and expanding footprint into regions like the Middle East provide ample reason for confidence.
Analyst Targets Reflect Strong Sentiment
Bank of America: $160 price target; sees China risk as partly priced in and praises Nvidia’s Blackwell rollout.
- Stifel: Raised target to $180; expects solid Q1 and recovery in H2 amid supply chain improvements.
- Oppenheimer: $175 target; highlights robust rack-scale deployments and Nvidia’s integrated software-hardware edge.
- Cantor Fitzgerald: Highest call at $200; believes strong Blackwell demand offsets China pressure, expects slightly cautious guidance.
Despite short-term geopolitical turbulence, Nvidia’s core advantage—its central role in AI infrastructure—continues to anchor Wall Street’s bullish outlook.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
