MarketPR
Nvidia (NVDA) is in focus ahead of its August 26 earnings report, with Oppenheimer maintaining its Outperform rating and $265 price target on August 20 as bond yields spike and the broader tape sells AI infrastructure names harder than most.
The firm expects Nvidia to beat second-quarter estimates and deliver a stronger-than-expected third-quarter outlook, and projects more than $1 trillion in cumulative revenues from the GB200, GB300, and VR200 platforms between 2025 and 2027.
The numbers behind the call Nvidia's trailing metrics give Oppenheimer something concrete to work with. Revenue grew 71% over the past 12 months. Gross profit margin sits at 74%.
The stock trades at a P/E of 33.64 with a PEG ratio of 0.3, and market cap stands at $5.31 trillion. On guidance, Nvidia projected $91 billion in Q2 revenue, plus or minus 2%, with gross margins near 75%.
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