Wall Street Predicted Nvidia Stock Was Headed Lower Before the Company's Q2 Update. Here's What Analysts Think Now.
NVDANvidia(NVDA) The Motley Fool·2024-09-03 17:50

Wall Street appears to have a lot of "bullish bears" or "bearish bulls" when it comes to Nvidia.By most standards, Nvidia (NVDA 1.51%) hit the ball out of the park with its fiscal 2025 second-quarter results. The company reported record revenue of $30 billion, a 122% year-over-year increase. It posted earnings that soared 168% from the prior-year period. Nvidia's guidance projected even higher revenue next quarter. And yet the stock sank after these stellar numbers. Although Nvidia exceeded Wall Street esti ...