Nvidia (NASDAQ: NVDA) is set to drop its fourth-quarter earnings after the market closes on Wednesday, and analysts are practically cheering from the sidelines for the AI chip powerhouse.
Among the 18 analysts tracked by Visible Alpha, 17 have issued “buy” or equivalent ratings on the stock, with only one playing it safe with a “hold.” Their collective price target hovers around $175, hinting at a potential 38% leap from Tuesday’s close of $126.63.
Wedbush and Oppenheimer analysts, who reiterated $175 price targets Thursday, suggested booming demand for the company’s advanced chips as Big Tech firms ramp up spending on AI infrastructure could pave the way for another strong quarter.
According to estimates compiled by Visible Alpha, Nvidia (NASDAQ: NVDA) is expected to post record quarterly revenue of $38.34 billion, a robust 73% increase year-over-year. Net income is forecasted to climb to $21.1 billion, up sharply from $12.84 billion a year earlier.
UBS analysts reiterated a $185 price target and see even brighter prospects for Nvidia. They noted recent supply chain improvements could drive stronger-than-expected sales of the Blackwell chip line. The firm has nearly doubled its estimate for Blackwell’s contribution to fourth-quarter revenue, raising it to $9 billion from a previous $5 billion forecast. However, the firm cautions that investor expectations have “crept up a bit recently,” suggesting the bar is high for Nvidia to impress.
Oppenheimer brings an intriguing angle to the table. They point to the rapid rise of DeepSeek, a Chinese AI startup, as a potential positive. The firm suggests this competition could spur Nvidia’s American clients to invest more aggressively in AI, boosting demand for its chips.
Nvidia (NASDAQ: NVDA) stock dipped 2.8% on Tuesday, closing at $126.63, but it’s still riding high with a nearly two-thirds gain over the past 12 months. That resilience reflects the chipmaker’s central role in the AI revolution. Now, all eyes turn to Wednesday’s report to see if the Santa Clara-based chipmaker can keep its winning streak intact and live up to the sky-high hopes pinned on it by analysts and investors alike.
