Analysts weigh in on the semiconductor giant’s potential performance

  • Nvidia’s last earnings call was impressive according to Melius Research analyst Ben Reitzes
  • Reitzes predicts a potential ‘Triple Lindy’ for Nvidia’s upcoming earnings report
  • Investors need assurance on the timeline for new chip Blackwell’s sampling
  • Evercore ISI analyst Mark Lipacis rates Nvidia stock at outperform with a $150 target price
  • Jefferies analyst Blayne Curtis maintains a buy rating on Nvidia stock

Nvidia Corp.’s last earnings call left Melius Research analyst Ben Reitzes impressed, as he predicts a possible ‘Triple Lindy’ for the upcoming report. This would involve beating revenue expectations by $2 billion, guiding $2 billion above the most recent quarter, and suggesting another $2 billion in sequential growth for Q1 2023. However, investors need assurance on Blackwell chip shipment delays. Evercore ISI analyst Mark Lipacis rates Nvidia stock at outperform with a $150 target price, while Jefferies analyst Blayne Curtis maintains a buy rating.

Factuality Level: 8
Factuality Justification: The article provides accurate and objective information about Nvidia’s earnings call and analysts’ opinions on the company’s performance and future prospects. It includes relevant details about the Triple Lindy scenario, Blackwell chip delays, and analysts’ views on the stock. The language is mostly free of sensationalism or personal perspective.
Noise Level: 6
Noise Justification: The article provides some relevant information about Nvidia’s earnings and analyst opinions, but it also contains some irrelevant references to a movie and unnecessary details about specific numbers and product names. It could be more concise and focused on the main points without these elements.
Public Companies: Nvidia Corp. (NVDA), TSMC ()
Key People: Ben Reitzes (Analyst at Melius Research), Mark Lipacis (Analyst at Evercore ISI), Blayne Curtis (Analyst at Jefferies)

Track all markets on TradingView

Financial Relevance: Yes
Financial Markets Impacted: Nvidia’s stock price and the semiconductor industry
Financial Rating Justification: The article discusses Nvidia Corp.’s earnings call, revenue expectations, and the impact of their new chip, Blackwell, on financial markets and company performance. It also mentions analysts’ opinions on Nvidia’s stock price and its potential impact on the semiconductor industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in this article. It discusses Nvidia’s earnings call and analyst opinions on the company’s performance.
Move Size: No market move size mentioned.
Sector: Technology
Direction: Up
Magnitude: Medium
Affected Instruments: Stocks

Reported publicly: www.marketwatch.com