This Tech Stock Expert Just Got More Bullish About Nvidia Ahead of Earnings. Here's Why

Core Insights - Nvidia shares have increased nearly 40% in 2025, reflecting strong demand for its AI chips, despite recent pullbacks due to concerns over an AI bubble [1][8] - Oppenheimer analysts raised their price target for Nvidia from $225 to $265, citing the company's strong positioning in the AI market [1][8] - Nvidia is set to report its quarterly earnings next Wednesday, which could significantly impact the AI trade sentiment [4][5] Stock Performance - Nvidia shares were down 4% to around $186 recently, following a 44% gain since the beginning of the year, although they have declined from a record high of $212 [2][8] - The stock's performance has been influenced by broader tech sector trends, including a recent pullback amid fears of an AI bubble [3][5] Market Sentiment - There is growing skepticism in the market regarding AI stocks, as evidenced by muted reactions to strong earnings from competitors like AMD and declines in stocks like Palantir [3][5] - Despite this skepticism, most Wall Street analysts remain optimistic about Nvidia, with 13 out of 14 analysts rating it a "buy" and a mean target suggesting a 9% upside from recent closing prices [9]