Nvidia (NVDA) is scheduled to release its fourth-quarter earnings after the market closes on Wednesday, with analysts maintaining a predominantly bullish stance on the AI chipmaker’s stock. According to Visible Alpha, 17 out of 18 analysts covering the stock have issued “buy” or equivalent ratings, while one analyst has assigned a “hold” rating. Their consensus price target of approximately $175 suggests a potential upside of about 26% from Friday’s intraday price. Analysts from Wedbush and Oppenheimer, who reaffirmed $175 price targets on Thursday, highlighted surging demand for Nvidia’s advanced chips as major tech companies increase spending on AI infrastructure, potentially leading to another robust quarter. Nvidia is forecasted to achieve record quarterly revenue of $38.32 billion, reflecting a 73% year-over-year increase, based on estimates compiled by Visible Alpha. Net income is anticipated to rise to $21.08 billion, up from $12.84 billion the previous year. UBS analysts, who maintained a $185 price target, noted that investor expectations have risen slightly recently, and improvements in the supply chain could boost sales of Nvidia’s Blackwell line. UBS nearly doubled its estimate for Blackwell’s contribution to fourth-quarter revenue to $9 billion, up from $5 billion previously. Oppenheimer also suggested that the emergence of Chinese AI startup DeepSeek could ultimately benefit Nvidia, as competition drives American clients to intensify their efforts in the AI race rather than scale back. — news from Investopedia
