Bank of America Reaffirms Nvidia (NVDA) as Top Pic…
From Financial Modeling Prep: 2025-02-05 01:30:11
Bank of America reiterates Buy rating on Nvidia ahead of Q4 2025 earnings. Analysts expect modest beat or in line results, with gross margins likely to decline in Q1 due to Blackwell transition. Data center growth projected to exceed 60% YoY in 2025.
Upcoming catalysts include GTC Conference on March 17 focusing on GB300, Rubin chips, AI advancements, and robotics. BofA highlights AI growth drivers such as AGI training, derivative model training, AI inference demand, and infrastructure upgrades. Nvidia’s track record shows significant performance and sales growth from 2018-2024.
Track analyst ratings and get updated price targets for Nvidia using Bulk Ratings API and Price Target Summary API. Stock performance and market insights indicate investor sentiment at a low point, with potential for NVDA to reassure on Blackwell execution and signal confidence for FY26.
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