Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessNew Street Research Downgrades NVIDIA Amid Uncertain Growth Outlook

New Street Research Downgrades NVIDIA Amid Uncertain Growth Outlook

Add to Favorite
Added to Favorite


New Street Research analysts downgraded NVIDIA (NASDAQ:NVDA) to Neutral from Buy with a price target of $135 on the stock. The analysts explained that current consensus expectations project a 35% increase in GPU revenues for 2025, aligning with previous predictions. They see limited further upside based on information from the value chain. The downgrade to Neutral reflects a belief that significant upside will only occur under a bullish scenario where the outlook beyond 2025 improves significantly, a scenario the analysts do not yet fully support.
The analysts also noted that the current consensus anticipates revenue growth slowing to the mid-teens, potentially threatened by slowing hyperscale capital expenditures and increased competition from ASICs and AMD. If these factors remain constant, the analysts see no further upside for NVIDIA stock and even a risk of derating, as the stock is currently trading at 40 times next-twelve-months EPS, compared to a trough of 20 times when growth slowed to 10% in 2019.

Subscribe to get Latest News Updates

Latest News

You may like more
more

Comcast Maintained at Buy by Loop Capital Despite Media Revenue Miss

Loop Capital analysts reaffirmed a Buy rating for Comcast...

Rosenblatt Analyst Increases Calix Price Target to $45 After Q2 Earnings Report

Rosenblatt analysts increased the price target for Calix (NYSE:CALX)...

AT&T Matches Q2 EPS Estimates Despite Slight Revenue Miss, Shares Climb Over 3 percent

AT&T (NYSE:T) released its second-quarter earnings report, meeting analyst...

Vertiv Holdings Exceeds Q2 Expectations, Raises Full-Year Outlook

Vertiv Holdings Co. (NYSE:VRT) delivered a strong second-quarter performance,...