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Citi Maintains "Buy" Rating and $300 Price Target on NVIDIA Ahead of Earnings, Raises EPS Estimates for Next Three Years
Citi expects NVIDIA's July quarter revenue to reach $93 billion, approximately $1 billion above Wall Street consensus; October quarter revenue is projected to grow 13% quarter-over-quarter to $105 billion, also exceeding market expectations. The bank also anticipates NVIDIA's next-generation Vera Rubin platform to start contributing revenue in the October quarter and believes NVIDIA has secured HBM memory supply for 2026/27. Furthermore, Citi noted that NVIDIA is helping to address the financing needs for AI infrastructure construction through methods such as credit support.
Source：Yahoo财经 · Source Link
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