boost and follow for more! โค๏ธโ๐ฅJanuary 18th I released a bullish update with 600-700 dollar price targets, since then we have smashed those targets.. Also we had a recent earnings report.
So time for some updates? Well it looks like this "AI hype/AI bubble" isn't slowing down, the earnings on NVDA were extremely good. So I have raised my Price target from 700 to 1150+, I can see it hitting this in the next year!
in case you didn't keep up with the earnings report, here is a summary ๐
-Nvidia will spend $9.2 billion to buyback its own stock. Talk about putting money where your mouth is!
-*NVIDIA 4Q REVENUE $22.1 B, EST. 20.6B ( BEAT โ
) *NVIDIA 4Q ADJ EPS $5.16, EST. $4.63 ( BEAT ๐ท )
-multiple PT upgrades from - BofA Global Research - Morgan Stanley - Vibranium Capital - Wolfe Research - many more