Nvidia(US:NVDA) 美股IPO·2025-08-21 23:30Core Viewpoint - Analysts from nine institutions have raised their 12-month price targets for Nvidia, reflecting increased confidence in the company's growth potential, with the average target price reaching a historical high of nearly $194, representing a 3% increase [2][3][4]. Group 1: Price Target Adjustments - The highest price target among the nine institutions has been raised by 60% to $240, indicating a potential rebound of nearly 37% from Nvidia's recent low [1][6]. - Major investment banks such as Morgan Stanley, UBS, and Wedbush participated in this round of target price increases, which coincided with a general pullback in blue-chip tech stocks [3][4]. - The average target price increase suggests over 10% upside potential based on Nvidia's closing price on Wednesday [3][6]. Group 2: Market Sentiment and Performance - Nearly 90% of analysts covering Nvidia have given it a "buy" rating, anticipating double-digit revenue growth in the upcoming quarterly report [7]. - The recent earnings season has shown positive signals for Nvidia, with major tech companies like Meta, Microsoft, Alphabet, and Amazon committing billions in capital expenditures, which is crucial as approximately 40% of Nvidia's revenue comes from these firms [8]. Group 3: Demand and Supply Dynamics - Nvidia's revenue expectations have been raised from $45.2 billion to $46.6 billion for the second quarter, driven by sustained demand and alleviation of supply bottlenecks [8]. - Deutsche Bank noted that Nvidia's Blackwell chip revenue could reach $24 billion in the first quarter, nearly doubling from the previous quarter, compensating for losses related to the Chinese market [8]. Group 4: China Market Considerations - The potential recovery of Nvidia's shipments to China is a key focus, with recent approvals allowing the sale of H20 chips to the region, which could significantly boost revenue [9]. - Analysts suggest that any updates regarding business in China could provide upward momentum for Nvidia's stock, despite the associated licensing fees [9].