Wall Street analysts are generally optimistic about NVIDIA, considering the period before its Q2 earnings report on August 26 as a "strong buy" opportunity. The median target price given by analysts is $300, representing a 44% upside from the current share price of $208. NVIDIA accounts for 8% of the S&P 500 index and is seen by investors as a barometer for the artificial intelligence boom. Analysts expect NVIDIA's Q2 revenue to increase by 97% to $92.1 billion, and non-GAAP net profit to grow by 99% to $2.09 per share.