本周三盘后就是英伟达财报，但数字之外，我更关心的是预期的可持续性。 春节这几天，我们团队加班查阅了： 一条条交叉对照、反复推演。 英伟达上下游供应链最近的产能与供货情况； 华尔街各大投行第一手的研报； 云厂商的资本开支指引； 竞争对手的芯片进展。 | Buy | | | --- | --- | | Price (13 Feb 26 16:00) | US$182.81 | | Target price | US$270.00 | | Expected share price | 47.7% | | return | | | Expected dividend yield | 0.0% | | Expected total return | 47.7% | | Market Cap | US$4,442,283M | 原因很简单——当一家公司市值已经数万亿美元，单季超预期已经不够了。 真正决定股价上限的，是增长还能持续多久。 基于这几天的梳理，我提炼出四个核心问题。 每一个，都比财报数字本身更值得跟踪： 强只是及格线 现在市场对英伟达第四季度的判断几乎是统一的：强，而且大概率会超预期。但我们必须认清一个现实—— ...

智通财经APP获悉，受益于存储芯片超级周期而一路飙升的闪迪(SNDK.US)，在周二遭遇了来自知名做空机构香橼研 究(Citron Research)的当头一棒。后者公开宣布已建立闪迪的空头头寸，并尖锐指出，市场对其股价的定价方式存在严 重误判。 受此消息影响，闪迪股价在周二盘中一度下跌近8%。尽管这一跌幅与其年内迄今约175%的惊人涨幅，以及过去一年 超过1200%的累计回报相比显得微不足道，但做空机构的入场无疑为这轮火箭式上涨投下了一道长长的阴影。 "英伟达有护城河，闪迪卖的是大宗商品" 香橼在社交媒体平台X上发布的帖子中直言不讳地表示："市场正在像定价英伟达(NVDA.US)一样定价闪迪。但有一个 问题：英伟达拥有护城河，而闪迪销售的是一种大宗商品。"这则评论直指闪迪商业模式的核心脆弱性——其产品 NAND闪存的强周期性。 香橼认为，当前NAND闪存需求和价格的飙升是典型的周期性现象，而这一周期正在接近顶峰。他们援引历史经验警 告称："我们在2008年、2012年、2018年都见过这一幕。这次不会有什么不同。存储芯片是一个周期性行业，而周期 总会见顶。" 香橼强调，NAND内存的供应短缺局面可能迅速逆转 ...

人工智能（AI）芯片巨头英伟达（Nvidia）将于当地时间2月25日（周三）盘后公布最新季度财报。近一年 来，该股股价涨涨跌跌，目前处于历史性低估值区间。市场对此次财报保持着高度敏感和期待。 根据FactSet（慧甚）的调查，2026财年第四季度（截至今年1月），预计其每股收益为1.51美元，营收为658.4 亿美元。研究平台Visible Alpha的预测显示，调整后每股收益为1.52美元，同比增长67%，营收达658.7亿美元，将 创下历史纪录。 尽管基本面预期强劲，但期权定价显示，华尔街交易员预计英伟达在本周末前可能出现高达6%的上下波动， 这意味着股价可能被推升至约201美元（去年11月以来未曾触及的水平），也可能被拖累至178美元。Investopedia的 期权读数也预测了约6%的隐含涨幅。MarketWatch的数据则显示，该股过去10次财报发布后的次日中位数涨幅为 3.2%。 值得注意的是，尽管英伟达仍是全球市值最高的公司（超过4万亿美元），其股价却在历史低位徘徊。尽管2月 23日，英伟达股价上涨0.9%，收于191.55美元，逆科技板块整体跌势上扬，但自去年10月底创下收盘低价以来，该 股已 ...

Nvidia's earnings report on Wednesday should carry a "quite positive†tone, according to a BNP Paribas analyst. But that's no guarantee of a strong stock reaction. ...

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv China has not yet received any Nvidia H200 chips, US official said February 24, 20268:11 PM UTCUpdated ago By Reuters Sign up here. Reporting by Alexandra Alper Our Standards: The Thomson Reuters Trust Principles., opens new tab Purchase Licensing Rights Read Next US warned Ukraine not to hit US interests in strikes on Russia energy infrastructure, envoy says ago Asia Pacificcategory Pakistan, ...

-- There's More Than One Way to Bet on Nvidia's Earnings Report. [Stocks Rebound from Monday's Sell-Off] [Tariff Uncertainty Is Back With a Vengeance][A Lot Rides on Nvidia Earnings This Week][Inflation Likely to Keep Fed from Cutting Rates Soon]- Top StoriesJensen Huang, CEO of Nvidia, may utter market-moving words on Wednesday evening.Lam Yik Fei / Bloomberg via Getty ImagesClose### Key Takeaways- The perceived probability that the word "humanoid" would be uttered during the call recently surpassed the li ...

BTCC Bridges Crypto And Traditional Markets With USDT Trading BTCC has introduced BTCC TradFi, a new cross-market trading feature that enables users to access traditional financial instruments — including forex, commodities, indices and equities — while using USDT as the margin and settlement currency. The rollout reflects a growing convergence between digital asset exchanges and traditional financial markets. The feature allows traders to access multiple asset classes without leaving the crypto-native env ...

• What’s ahead for NVDA stock?An analyst thinks Nvidia could help provide some relief for the market.Wedbush on Nvidia Stock"The Street is eagerly waiting for good news," Wedbush analyst Dan Ives said in a new investor note.The analyst said Nvidia's earnings come at a key, pivotal moment for the technology sector."At a time with tech stocks volatile and greater worries around the AI narrative with the ‘AI Ghost Trade' black cloud over tech stocks … it all comes down to gauging the AI Revolution demand stor ...

What Is Kraken Rolling Out? Kraken is introducing round-the-clock trading for a slate of tokenized equity perpetual futures built on xStocks, the technology provider it is in talks to acquire. The exchange said the products will be available to eligible non-U.S. clients in more than 110 countries, offering continuous exposure to equities, indices, and commodities through crypto-style derivatives. The initial rollout is expected to include 10 perpetual contracts tracking gold, the S&P 500 and Nasdaq 100 ind ...

ago## How I Struggle with the Decision to Retire Early - What About My Kids' Future?[Christy Bieber]| 2 hours ago## I Have $7.1 Million and Don't Want to Work Anymore — Is It Finally Enough to Retire?## Continue Reading## Did Nvidia Just Deliver a Crushing Blow to AMD?[Rich Duprey | Feb 18, 2026 at 11:42 AM EST Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) has been advancing its AI chip offerings, including the Instinct MI450 series…]## Oracle Executive Just Gave 50,000 Reasons to Buy AMD Stock ...