Wall Street races to lift Nvidia price targets before earnings

A slew of Wall Street analysts covering Nvidia are boosting their expectations for the chipmaker’s stock ahead of its quarterly earnings release due August 27.

At least nine analysts have lifted their 12-month price targets on the company this week alone, raising the average price by 3 per cent to nearly $US194 ($302.09), the highest on record. Nvidia slipped 0.2 per cent to $US174.98 on Thursday (Friday AEST).

Source: https://www.afr.com/markets/equity-markets/wall-street-races-to-lift-nvidia-price-targets-before-earnings-20250822-p5mowg