Nvidia (NVDA) Stock Heads Into Earnings With Analyst Backing and Big Expectations
TLDR
- Susquehanna analyst Christopher Rolland reiterated a Buy rating on NVDA with a $275 price target, citing stronger demand visibility ahead of the Vera Rubin launch
- Rolland expects Nvidia to beat Q2 FY27 results and raised his data center revenue estimate to $1.1 trillion through calendar year 2027
- The top five hyperscalers are expected to nearly double capex in 2026, with capital spending projected to grow over 40% and surpass $1 trillion in 2027
- NVDA opened at $224.09 on Thursday, with Wall Street holding a Strong Buy consensus based on 36 Buy ratings and one Hold, and an average price target of $309.94
- Institutional investors own 65.27% of NVDA, while insiders sold around 1.9 million shares worth $410.6 million last quarter
Nvidia (NVDA) is set to report Q2 FY27 earnings on August 26, and Wall Street is watching closely. The stock opened at $224.09 on Thursday, up 3%, against a 52-week range of $164.07 to $236.54.
Susquehanna analyst Christopher Rolland reiterated his Buy rating on NVDA ahead of earnings, keeping his price target at $275. He summed up his view in one line: โDemand Visibility Strengthens Ahead of Rubin Launch.โ
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