Nvidia stock has shaken the market with its sharp rise in interest. The company shares the record with revenue of 30 billion dollars and a yearly increase of 122%. And the company is expecting much higher revenue in the coming quarter. Some of the well-known analysts predicted that before the quarter 2 update, the Nvidia stock would already be at its lowest.
Not all analysts are negative about it. Many of them consider this stock as a just buy option. And some also consider it as a strong buy option. Thus we can conclude that the majority of analysts are considering this Nvidia stock as a good option. In true regards, only a few of the analysts tag this stock with an underperformed or sell tag of Nvidia. Other than them, all are showing some interest in this stock.
But along with that, it is expected that in the period of the next 12 months, the stock will show a decline.
After the quarterly release of earnings of Nvidia stock, almost all the analysts still stick to their prior point of view about it. After the quarterly release, they still think the stock could decline. Now the question that pops into our mind is: Why so? Even after good earnings in Q2 why analysts would doubt the decline of the stock? And this is only because many analysts firmly believe that the customers of Nvidia will not see a positive return concerning their purchase of the company. But that would be a wrong judgment also.
As the CEO of the Nvidia company had said, the ones who are investing in our infrastructure are definitely getting a handsome amount of returns.
Future goal of Nvidia: Nvidia promises to begin shipping for AI Generative robotics, a variety of software development and many more. All this adds up to a large growth of the nVidia stock not only for the next 6 months or 12 months but
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