Oppenheimer is expecting Nvidia to clear another high bar when it reports earnings next week. The investment firm stood by its outperform rating and hiked its price target for Nvidia to $265 from $225, signaling upside of 37% from Wednesday's close. "Nvidia has transformed from a graphics company to a premier leading full stack AI solutions platform company," analyst Rick Schafer wrote. "We see several structural tailwinds driving sustained out-sized top-line growth in high performance gaming, datacenter/AI and autonomous driving vehicles." NVDA YTD mountain NVDA YTD chart Schafer's price bump comes ahead of Nvidia's third-quarter earnings release, scheduled for after the market closes on Wednesday. The analyst sees upside to consensus for earnings and revenue in both Nvidia's last and cur
Oppenheimer raises Nvidia price target ahead of earnings report
CNBC Investing2 hrs ago
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