NVIDIA’s Q2 Earnings Preview by Rosenblatt
<p>Rosenblatt raised the price target for <a href='https://financialmodelingprep.com/financial-summary/NVDA'>NVIDIA (NASDAQ:NVDA)</a> to $800 per share from the previous $600. The analysts reiterated their Buy rating on the stock, highlighting the expectation of Q2 earnings beat on Aug 23.</p>
<p>However, the guidance is predicted to be influenced by significant limitations on H100 Hopper platforms. The analysts indicated that demand is likely to outstrip supply by a minimum of 50% in the coming quarters. Removing these limitations, the analysts projected that Nvidia's earnings for fiscal 2025 could substantially exceed their current estimate of $10.35, potentially reaching the high-teens.</p>

NASDAQ:NVDA