Analysts update Nvidia stock price target ahead of Q1 earnings

Group 1 - Wall Street remains largely bullish on Nvidia ahead of its fiscal Q1 earnings report, with analysts expecting revenue of $43.38 billion, a 66% year-over-year increase, and adjusted net income of $21.29 billion, driven by AI leadership [1] - Nvidia shares are currently holding above the $130 support level, closing at $131.29, with a year-to-date decline of 5% [2] - Despite geopolitical challenges related to China, analysts maintain a positive outlook for Nvidia [3] Group 2 - Bank of America Securities analyst Vivek Arya reiterated a 'Buy' rating with a $160 price target, acknowledging potential $15 billion revenue impact from China but noting that the market has priced in only a fraction of this risk [4] - Stifel's Ruben Roy maintained a 'Buy' rating and raised his price target to $180, expecting Q1 results to meet expectations and a second-half rebound due to supply chain improvements [5] - Oppenheimer's Rick Schafer reaffirmed an 'Outperform' rating with a $175 price target, expecting Nvidia to exceed Q1 estimates driven by strong production and smooth rollout of Blackwell chips [6] Group 3 - Cantor Fitzgerald's Christopher Muse maintained an 'Overweight' rating with the highest price target at $200, emphasizing Nvidia's resilience despite an expected $15 billion hit to China-related data center revenue [8]